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Sentiment in the betting market on Spanish football

Research output: Contribution to Journal/Magazine › Journal article › peer-review

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Sentiment in the betting market on Spanish football. / Forrest, D; Simmons, R.
In: Applied Economics, Vol. 40, No. 1, 2008, p. 119-126.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Forrest, D & Simmons, R 2008, 'Sentiment in the betting market on Spanish football', Applied Economics, vol. 40, no. 1, pp. 119-126. https://doi.org/10.1080/00036840701522895

APA

Forrest, D., & Simmons, R. (2008). Sentiment in the betting market on Spanish football. Applied Economics, 40(1), 119-126. https://doi.org/10.1080/00036840701522895

Vancouver

Forrest D, Simmons R. Sentiment in the betting market on Spanish football. Applied Economics. 2008;40(1):119-126. doi: 10.1080/00036840701522895

Author

Forrest, D ; Simmons, R. / Sentiment in the betting market on Spanish football. In: Applied Economics. 2008 ; Vol. 40, No. 1. pp. 119-126.

Bibtex

@article{9434e8db6238403f8cbbfd49b3dba304,
title = "Sentiment in the betting market on Spanish football",
abstract = "We employ a sample of over 3000 bets available on matches from the top tier of Spanish football in an examination of the efficiency of betting odds offered in the on-line betting market. Odds appear to be influenced by the relative number of fans of each club in a match, with supporters of the more popular team offered more favourable terms on their wagers. We report similar findings for a sample of games from Scotland. The results contrast with studies of American sports betting markets but are consistent with competitive behaviour by profit maximizing bookmakers in a market where bettors can choose between several operators.",
author = "D Forrest and R Simmons",
year = "2008",
doi = "10.1080/00036840701522895",
language = "English",
volume = "40",
pages = "119--126",
journal = "Applied Economics",
issn = "0003-6846",
publisher = "Routledge",
number = "1",

}

RIS

TY - JOUR

T1 - Sentiment in the betting market on Spanish football

AU - Forrest, D

AU - Simmons, R

PY - 2008

Y1 - 2008

N2 - We employ a sample of over 3000 bets available on matches from the top tier of Spanish football in an examination of the efficiency of betting odds offered in the on-line betting market. Odds appear to be influenced by the relative number of fans of each club in a match, with supporters of the more popular team offered more favourable terms on their wagers. We report similar findings for a sample of games from Scotland. The results contrast with studies of American sports betting markets but are consistent with competitive behaviour by profit maximizing bookmakers in a market where bettors can choose between several operators.

AB - We employ a sample of over 3000 bets available on matches from the top tier of Spanish football in an examination of the efficiency of betting odds offered in the on-line betting market. Odds appear to be influenced by the relative number of fans of each club in a match, with supporters of the more popular team offered more favourable terms on their wagers. We report similar findings for a sample of games from Scotland. The results contrast with studies of American sports betting markets but are consistent with competitive behaviour by profit maximizing bookmakers in a market where bettors can choose between several operators.

U2 - 10.1080/00036840701522895

DO - 10.1080/00036840701522895

M3 - Journal article

VL - 40

SP - 119

EP - 126

JO - Applied Economics

JF - Applied Economics

SN - 0003-6846

IS - 1

ER -