Momentum Trading in the NFL Gambling Market

We explore the impact of momentum trading in the NFL betting market at the aggregate weekly level. Bettors prefer to bet on momentum rather than mean reversion in the totals market. The effect is strongest when they bet that the total points scored by both teams will be under the betting line set by bookmakers, especially when the under bet won 60% or more of the games in the previous 1, 2, and 3 weeks. Momentum trading by betting the score will be over the betting line loses money, while trading in the under makes a profit

MoreLess

Year of publication:	[2023]
Authors:	Nofsinger, John R. ; Shank, Corey A.
Publisher:	[S.l.] : SSRN
Subject:	Glücksspiel \| Gambling \| Profisport \| Professional sports \| Anlageverhalten \| Behavioural finance \| Fußball \| Football \| Wertpapierhandel \| Securities trading

freely available

Full text |

More access options

doi.org

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (9 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 20, 2023 erstellt
Other identifiers:	10.2139/ssrn.4454140 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014350416