DOES MORE INFORMATION IMPROVE THE EFFICIENCY OF SPORT GAMBLING MARKETS?

Jimmy Torrez, University of Puerto Rico, Rio Piedras, PR, U.S.A.

Published in

JOURNAL OF INTERNATIONAL FINANCE AND ECONOMICS
Volume 18, Issue 1, p91-98, March 2018

ABSTRACT

The financial literature has provided a fair amount of work on the efficiency of information as it becomes available to financial markets. Likewise, academics have shown an interest as to the efficiency of gambling markets. I plan to test whether College football gambling markets are efficient. Most papers on the subject use simple analysis which results in a transitive ranking. This paper a regression model using offensive, defensive and special team data in an attempt to beat the odds makers.

Keywords

Gambling, Point Spreads, College Football, Efficient Markets


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