Home-field advantage and biased prediction markets in English soccer

被引:2
作者
Elaad, Guy [1 ]
机构
[1] Ariel Univ, Ariel, Israel
关键词
Soccer; home-field bias; prediction markets; betting odds; FIXED-ODDS; EFFICIENCY; INFORMATION; TEAM;
D O I
10.1080/13504851.2019.1675861
中图分类号
F [经济];
学科分类号
02 ;
摘要
Results of the present study show a larger rate of home wins in the upper leagues of English professional soccer as compared to the lower leagues. By testing the Efficient Market Hypothesis on the online betting markets, home-field bias was found to be over-predicted in League One and League Two (the third and fourth divisions) relative to the premier league. The analysis is based on odds set by 51 different bookmakers for the outcomes of 16,407 soccer matches from the top four divisions in England between seasons 2010/11 and 2017/18.
引用
收藏
页码:1170 / 1174
页数:5
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