Now Australia's Biggest Toy Store

Shop over 1.5 Million Toys in our Huge New Range

This unique book examines how sports betting markets function. Charting recent international developments, expert contributors consider how both bookmakers and stakeholders view these changes, their prime areas of concern and the potential methods for addressing them. Providing a rigorous economic analysis throughout, this book examines the informational efficiency of betting markets and the prevalence of corruption and illegal betting in sports. Against this background, chapters explore pertinent questions such as: should gambling markets be privatized? Is the `hot hand' hypothesis real or a myth? Are the `many' smarter than the `few' in estimating betting odds? How are prices set in fixed odds betting markets? Chapters also review important policy concerns such as the health implications posed by the potential link between the accelerating popularity of sports betting and the decline in sports participation. Academics and students studying economics, sports economics and, more specifically, sports betting will find this book an engaging companion. Contemporary and up to date, it will also appeal to stakeholders looking to widen their professional insight.
Product Details

Table of Contents

Contents: Introduction 1. Consumer Spending on Spectator Sports, Physical Activity, and Sports Betting: Evidence from Canada Brad R. Humphreys, Jane E. Ruseski and Jie Yang 2. Should Gambling Markets be Privatized? An Examination of State Lotteries in the United States Kent R. Grote and Victor A. Matheson 3. Price Setting and Competition in Fixed Odds Betting Markets Xiaogang Che, Arne Feddersen and Brad R. Humphreys 4. Evaluating Probabilities for a Football In-play Betting Market Stephen Dobson and John Goddard 5. Forecasting Football Match Results: Are the Many Smarter Than the Few? Jaume Garcia, Levi Perez and Placido Rodriguez 6. New Empirical Evidence on the Tote-SP Anomaly and its Implications for Models of Risky Choice in Gambling Markets Babatunde Buraimo, David Peel and Robert Simmons 7. Market Efficiency and the Favorite-longshot Bias: Evidence from Handball Betting Markets Arne Feddersen 8. Hot Arms and the Hot Hand: Bettor and Sportsbook Reaction to Team and Pitcher Streaks in Major League Baseball Rodney Paul and Andrew Weinbach 9. Investigating the "Hot hand" Hypothesis: An Application to European Football Rob Simmons and Rhys Wheeler 10. Sports Corruption and Developments in Betting Markets David Forrest Index

About the Author

Edited by Placido Rodriguez, University of Oviedo, Spain, Brad R. Humphreys, Department of Economics, West Virginia University, US and Robert Simmons, Lancaster University Management School, UK

Look for similar items by category
People also searched for
How Fishpond Works
Fishpond works with suppliers all over the world to bring you a huge selection of products, really great prices, and delivery included on over 25 million products that we sell. We do our best every day to make Fishpond an awesome place for customers to shop and get what they want — all at the best prices online.
Webmasters, Bloggers & Website Owners
You can earn a 5% commission by selling The Economics of Sports Betting (New Horizons in the Economics of Sport Series) on your website. It's easy to get started - we will give you example code. After you're set-up, your website can earn you money while you work, play or even sleep! You should start right now!
Authors / Publishers
Are you the Author or Publisher of a book? Or the manufacturer of one of the millions of products that we sell. You can improve sales and grow your revenue by submitting additional information on this title. The better the information we have about a product, the more we will sell!
Item ships from and is sold by Fishpond World Ltd.
Back to top