TY  - GEN
AB  - Research on sports betting often attempts to identify biased evaluation by
bookmakers, opening opportunities for profitable strategies to bettors. Previous
studies have provided evidence for the existence of such ineffiiciencies. Since most
studies cover only a few seasons, the question of whether market inefficiencies per-
sist over time remains unanswered. We analyse the big five leagues in European
association football for fourteen seasons to detect the occurrence and duration of
market inefficiencies. While our results suggest that most biases do not persist
for a long time, we still uncover profitable betting strategies throughout the full
observation period.
DA  - 2020
DO  - 10.4119/unibi/2945090
KW  - OR in sports
KW  - Sports betting
KW  - Efficient markets
KW  - Biases
LA  - eng
PY  - 2020
SN  - 2196-2723
SP  - 27-
TI  - Short and long-term biases in European football pre-game betting markets
UR  - https://nbn-resolving.org/urn:nbn:de:0070-pub-29450907
Y2  - 2024-11-22T14:15:22
ER  -