‘’Favorite-longshot bias in European Football betting market: Differences between popular and non-popular football competitions.’

dc.contributor.advisorQiu
dc.contributor.authorRaaij van, Daniel
dc.date.issued2019-08-08
dc.description.abstract’The aim of this study is to investigate whether the favorite-longshot bias, an anomaly in sports betting, is present in ten different European football competitions across five years (2013-2018). The study also examines the difference in returns of betting on popular competitions versus betting on non-popular competitions. After performing Welch t-tests on the returns of 47.022 football matches, the results show that a favorite-longshot bias exists in almost all competitions and that there is no significant difference in returns between football competitions.’’ Keywords: sports betting, behavioral finance, anomaly, market efficiency, gambling.en_US
dc.identifier.urihttps://theses.ubn.ru.nl/handle/123456789/7858
dc.language.isoenen_US
dc.thesis.facultyFaculteit der Managementwetenschappenen_US
dc.thesis.specialisationFinancial Economicsen_US
dc.thesis.studyprogrammeMaster Economicsen_US
dc.thesis.typeMasteren_US
dc.title‘’Favorite-longshot bias in European Football betting market: Differences between popular and non-popular football competitions.’en_US
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