Showing 1 - 2 of 2
This paper examines the recency bias and overreaction in the NFL betting market from 2003 to 2017. Consistent with the recency bias, bettors are more likely to bet on teams who have won previous outcomes. We add to the literature and find that the magnitude of prior wins and losses in the...
Persistent link: https://www.econbiz.de/10013223284
Persistent link: https://www.econbiz.de/10011951962