Testing market efficiency: Evidence from the nfl sports betting market

Journal of Finance

Volumn 52, Issue 4, 1997, Pages 1725-1737

  Gray, Philip K ^a   Gray, Stephen F ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0012907153     PISSN: 00221082     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1540-6261.1997.tb01129.x     Document Type: Article

References (9)

1. Brown, William O., and Raymond D. Sauer, 1993, Fundamentals or noise? Evidence from the professional basketball betting market, Journal of Finance 48, 1193-1209.
2. Camerer, Colin F., 1989, Does the basketball market believe in the "Hot Hand"?, American Economic Review 79, 1257-1261.
3. Gandar, John, Richard Zuber, Thomas O'Brien, and Ben Russo, 1988, Testing rationality in the point spread betting market, Journal of Finance 43, 995-1008.
4. Golec, Joseph, and Maurry Tamarkin, 1991, The degree of inefficiency in the football betting markets, Journal of Financial Economics 30, 311-323.
5. Thaler, Richard H., and William T. Ziemba, 1988, Parimutuel betting markets: Racetracks and lotteries, Journal of Economic Perspectives 2, 161-174.
6. Sauer, Raymond D., Vie Brajer, Stephen P. Ferris, and M. Wayne Marr, 1988, Hold your bets: Another look at the efficiency of the gambling market for NFL games, Journal of Political Economy 96, 206-213.
7. Vergin, Roger C., and Michael Scriabin, 1978, Winning strategies for wagering on National Football League games, Management Science 24, 809-818.
8. Woodland, Linda M., and Bill M. Woodland, 1994, Market efficiency and the favorite-longshot bias: The baseball betting market, Journal of Finance 49, 269-279.
9. Zuber, Richard A., John M. Gandar, and Benny D. Bowers, 1985, Beating the spread: Testing the efficiency of the gambling market for National Football League games, Journal of Political Economy 93, 800-806.