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Cited by 172Sports Analytics and PerformanceFinancial Markets and Investment StrategiesForecasting Techniques and Applications

The DOI matches its Crossref record; 24 of the 24 references it cites were found in a registry or an index.

Information and efficiency: an empirical study of a fixed odds betting market

Kuypers, Tim·2000·Applied Economics
DOI 10.1080/00036840050151449
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Abstract

The efficiency of the fixed odds betting market for football in England is investigated. It is the efficiency of how market participants utilize available information that is tested. A model of bookmaker behaviour is presented in which the bookmaker maximizes their expected share of the total amount bet. It is found that an expected profit maximizing bookmaker could set market inefficient odds. Several empirical tests using the ordered probit model with data on prices and publicly available information are carried out. Evidence of market inefficiency is identified offering profitable betting opportunities.

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Crossref · 10.1080/00036840050151449

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24 of 24 references verified0 citation errors · 0 not checkable

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Research works printed but not linked: 5

  1. Cain M., 1990, Greyhound racing: further empirical evidence on market efficiency in a wagering market
  2. Dobra J. L., 1990, Sportometrics, 215
  3. 10.2307/2328148 · DOI
  4. Kuypers T. J., 1996, The beautiful game? An econometric study of why people watch English football
  5. 1978, Final Report. Cmnd. 7200

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Metadata

Authors
Kuypers, T.
Corresponding author
Kuypers, Tim
Venue
Applied Economics
Publisher
Informa UK Limited
Published
2000-09
Volume
32
Issue
11
Pages
1353-1363
ISSN
  • 0003-6846 (ISSN-L)
  • 1466-4283
DOI
10.1080/00036840050151449
OpenAlex
W2022909726
Cited by
172
References
24
Citations by year
2026: 2 · 2025: 4 · 2024: 3 · 2023: 10 · 2022: 4 · 2021: 11 · 2020: 11 · 2019: 12 · 2018: 8 · 2017: 15 · 2016: 3 · 2015: 7 · 2014: 4 · 2013: 14 · 2012: 12
FWCI
1.72
Type
journal article
Language
en
Open access
closed
Locations
  • Applied Economics (publishedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
Topics
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Sports Analytics and Performance
  • Social Sciences › Economics, Econometrics and Finance › Finance › Financial Markets and Investment Strategies
  • Social Sciences › Decision Sciences › Management Science and Operations Research › Forecasting Techniques and Applications
Keywords
fixed-odds betting, market efficiency, football betting, publicly available information, arbitrage opportunities, English football

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