Attendance and wagering volume is examined at a greyhound racing track to determine if the distribution of transfer checks resulted in significant increases in these variables. Specifically, the impact of United States Social Security and federal assistance checks, which were released on the...

Empirical support for the Levitt hypothesis of sportsbook behaviour, where sportsbooks set prices to maximize profits, not to clear the market, is shown using data from actual sportsbooks. Betting percentages on favourites and underdogs (pointspread market) and overs and unders (totals market)...

Prior academic studies find that bets on underdogs persistently win more often than expected in National Football League (NFL) and National Collegiate Athletic Association (NCAA) football gambling markets. We extend this stream of literature by examining this 'underdog bias' in the market for...