(NCAA) football seasons. The clock rule change in 2006 led to lower scoring which was not fully encompassed in the betting … market, leading to significant returns to betting the under. Multiple rule changes in 2007 led to volatility in the betting …

We analyze the effect of taxation in the online sport betting market. A relevant characteristic of this market is its … negligible marginal cost on bet volume. Taxation can be on gross profit (Gross Profit Tax) or on volume (General Betting Duty …). We model the two most popular online sport betting bets: fixed-odds and spread, as compared with another traditional …

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 in order to have a chance to win. This incentive stems from the …

explanation for the pattern of favorite-longshot bias observed in fixed-odds betting markets. We show that disagreement among … on the ratio of favorite to longshot odds and the betting market collapses if this fraction rises above low levels. …

(NCAA) football seasons. The clock rule change in 2006 led to lower scoring which was not fully encompassed in the betting … market, leading to significant returns to betting the under. Multiple rule changes in 2007 led to volatility in the betting …

We examine two episodes of strategic interaction in the U.K. betting industry: (i) Betfair (an entrant multi … underfunded second mover in the betting exchange space, it was able to attract punters at a much faster rate than the better …

successful in the gambling market for professional football. Contrary to the stock market, National Football League betting is … article examines whether contrarian strategies of selling (betting against) winners and buying (betting on) losers are …

Research on sports betting markets has generally found a favorite-longshot bias, the empirical pattern for loss rates …. The existing literature focuses largely on pari-mutuel betting but favorite-longshot bias is also evident in fixed …-odds online betting markets of the type that are growing rapidly around the world. Explanations for this bias in previous work on …

We present first results from a new agent-based model (ABM) of a sports-betting exchange (such as those operated by … betting exchange to find counterparties holding an opposing view with whom they can then enter into a bet with. We extend … (as published to all by the betting exchange) and partially by the progressive reduction in uncertainty in the system (i …

a soccer game, we are able to derive a formula for the expected payoff of a betting strategy (Tipp). Using recent (1996 …