Kochman, Ladd; Goodwin, Randy - In: New York Economic Review 37 (2006) 1, pp. 32-36
Betting that total points in a football game will go over or under the Las Vegas number prompts the question whether that number has been inflated to adjust for the documented preference of bettors for the over. If bettors do overbet the over, regular profits should accrue to those betting under...