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Efficiency of online football betting markets
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“However, since pi overstates the true probability πi (that is, pi>E(yi|Ωi) because of margins κi), the conditional expectation of ϵi is equal to minus the bookmakers’ average margin, i.e. E(ϵi|Fi)=-κ; see Angelini and De Angelis (2019) for more details.”
From Home advantage and mispricing in indoor sports’ ghost games: the case of European basketball (2023) · cites this paper as Angelini and De Angelis (2019)
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Cites
Why are Gambling Markets Organised so Differently from Financial Markets?
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Predicting the outcomes of National Football League games
Boulier, B. L., & Stekler, H. O. (2003) · International Journal of Forecasting · doi:10.1016/s0169-2070(01)00144-3 · Cited by 120
Are betting markets efficient? Evidence from European Football Championships
Direr, A. (2013) · Applied Economics · doi:10.1080/00036846.2011.602010 · Cited by 25
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Cited by
Exploiting sports-betting market using machine learning
Hubáček, O., Šourek, G., & Železný, F. (2019) · International Journal of Forecasting · doi:10.1016/j.ijforecast.2019.01.001 · Cited by 67
Are betting returns a useful measure of accuracy in (sports) forecasting?
Wunderlich, F., & Memmert, D. (2020) · International Journal of Forecasting · doi:10.1016/j.ijforecast.2019.08.009 · Cited by 18
Home advantage and mispricing in indoor sports’ ghost games: the case of European basketball
De Angelis, L., & Reade, J. J. (2023) · Annals of Operations Research · doi:10.1007/s10479-022-04950-7 · Cited by 18
A statistical theory of optimal decision-making in sports betting
Dmochowski, J. P. (2023) · PLOS ONE · doi:10.1371/journal.pone.0287601 · Cited by 5
Informational Efficiency and Behaviour Within In-Play Prediction Markets
Angelini, G., De Angelis, L., & Singleton, C. (2020) · Social Science Research Network · doi:10.2139/ssrn.3505287 · Cited by 23
Self-citation
Metadata
- Authors
- Angelini, G., & De Angelis, L.
- Venue
- International Journal of Forecasting
- Publisher
- Elsevier BV
- Published
- 2019-04
- Volume
- 35
- Issue
- 2
- Pages
- 712-721
- ISSN
- 0169-2070
- Cited by
- 77
- References
- 4
- Language
- en
- Update notices
- erratum (2021-07-01)
- Licence
- www.elsevier.com/tdm/userlicense/1.0/ (tdm)
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.