Appropriate statistical methodology for testing the efficiency of betting markets involving spread and totals
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This paper compares the accuracy of commonly used tests of market efficiency and provides a recommendation for future research.
KeywordsDecimal Place Market Efficiency Efficient Market Hypothesis Error Error Percent Significance Level
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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- Paul, J., A. Weinbach, and C. Weinbach. 2003. “Fair Bets and Profitability in College Football Gambling.”Journal of Economics and Finance 27: 236–242.Google Scholar
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