Brailsford, Timothy J.; Gray, Philip K.; Easton, Stephen A. - In: Australian Journal of Management 20 (1995) 2, pp. 167-195
This paper examines the efficiency of the two major Australian football betting markets: the Australian Rugby League (ARL) FootyTAB market and the Australian Football League (AFL) Footywin market. Probit and ordered probit models are tailored to the unique structures of the markets. This...