Showing 271 - 280 of 6,710
This paper studies gender differences in performance in a male-dominated competitive environment chess tournaments. We find that the gender composition of chess games affects the behaviors of both men and women in ways that worsen the outcomes for women. Using a unique measure of within-game...
Persistent link: https://www.econbiz.de/10014537017
Sports betting is growing rapidly in the US after its legalization by the Supreme Court in 2018. This paper describes the treatment of gambling winnings and losses in the federal tax code and shows how the system may incentivize some gamblers to substantially increase the scale of their betting...
Persistent link: https://www.econbiz.de/10014540319
If betting markets are efficient, then the expected loss rate on all bets on a game can be calculated from the quoted odds. Guides to sports betting tell bettors how to do this calculation of the predicted average loss rate. We show that if bookmakers set higher profit margins for bets with...
Persistent link: https://www.econbiz.de/10014540326
Online sports betting is growing rapidly around the world. We describe how the competitive structure of the bookmaking market affects odds when bettors disagree about the probabilities of the outcomes of sporting events but are on average correct. We show that the demand for bets on longshots is...
Persistent link: https://www.econbiz.de/10014540328
We describe how the presence of insiders with superior information about potential outcomes of sporting events affects odds set by bookmakers, using a generalized version of the model in Shin (1991). The model has been widely cited as an explanation for the pattern of favorite-longshot bias...
Persistent link: https://www.econbiz.de/10014540351
The Asian Handicap is a way to bet on soccer matches where payouts depend on an adjustment to the score that favors the weaker team. These bets are more complex than traditional betting on soccer because they require assessing the likely goal difference in the match rather than just the...
Persistent link: https://www.econbiz.de/10014540395
The primary objective of this paper is to conduct a systematic literature review on the perceptions and attitudes of women's employment and leadership in India's blue economy. The study uses a systematic literature review to look at studies and reports published from 1 January 2000 to 5 November...
Persistent link: https://www.econbiz.de/10014540431
Research on sports betting markets has generally found a favorite-longshot bias, the empirical pattern for loss rates for bets on longshots to be higher than for favorites, which implies the odds do not reflect the underlying probabilities. The existing literature focuses largely on pari-mutuel...
Persistent link: https://www.econbiz.de/10014540446
We compare the properties of betting market odds set in two distinct markets for a large sample of European soccer matches. We confirm inefficiencies in the traditional market for bets on a home win, an away win or a draw as found in previous studies such as Angelini and De Angelis (2019), in...
Persistent link: https://www.econbiz.de/10014540470
Sports betting markets can be considered strongly efficient if expected returns on all possible bets on an event are equal. If this form of efficiency holds, then there is a direct mapping from betting odds into probabilities of outcomes of sporting events. We compare two regression-based...
Persistent link: https://www.econbiz.de/10014540503