Information Asymmetry in the NFL Gambling Market : Inside Information Versus Informed Bettors

I employ a unique NFL gambling dataset to disentangle information asymmetry between bettors and sportsbooks. In contrast to expectations, I find no evidence that sportsbooks hold more information than the bettors. In fact, the results show that in instances where sportsbooks behave as if they are informed, the market is inefficient and gamblers are earning a profit. One explanation for these results is that gamblers are more informed than the sportsbooks

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Year of publication:	2022
Authors:	Shank, Corey A.
Publisher:	[S.l.] : SSRN
Subject:	Asymmetrische Information \| Asymmetric information \| Glücksspiel \| Gambling \| Insiderhandel \| Insider trading \| Profisport \| Professional sports

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Extent:	1 Online-Ressource (28 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 9, 2022 erstellt
Other identifiers:	10.2139/ssrn.4214675 [DOI]
Classification:	D82 - Asymmetric and Private Information ; G1 - General Financial Markets ; g4 ; L83 - Sports; Gambling; Recreation; Tourism
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014239733