An attendance model is specified for the Canadian Hockey League (CHL), the top level of junior hockey in Canada with some teams located in the United States. The natural log of attendance is used as the dependent variable, with explanatory variables consisting of the timing of the game, team...

This study tests for racial discrimination against minority managers in Major League Baseball using financial-market imbalances as it relates to the wagering marketplace for the sport. Using detailed betting data on the percentage bet on the favorite from Sports Insights, we test for prejudice...

Prior academic studies find that bets on underdogs persistently win more often than expected in NFL and NCAA football gambling markets. We extend this stream of literature by examining this ‘underdog bias' in the market for Arena Football League (AFL) bets, a setting in which both betting...

Betting market odds for Major League Baseball are used to examine the level of uncertainty of outcome and the perceived level of competitive balance. The efficient markets hypothesis cannot be rejected for the years 1990-2006 in Major League Baseball. Therefore, the odds provide an ex-ante...

Wolfers (2006) suggests that NCAA basketball is marred by widespread gambling corruption. We examine totals wagers in a variety of sports betting markets to determine whether observed outcomes are symmetric around closing lines, an important assumption Wolfers makes in his analysis. Our results...

Betting market odds for Major League Baseball are used to examine the level of uncertainty of outcome, an ex-ante form of competitive balance. The efficient markets hypothesis cannot be rejected for the years 1990-2006 in Major League Baseball. Therefore, the odds provide an ex-ante measure of...