Location

Caesars Palace, Las Vegas Florentine II

Start Date

29-5-2013 8:30 AM

End Date

29-5-2013 10:00 AM

Abstract

Outline

(i) Quick definition of market efficiency

(ii) Theoretical models lead to general predictions…

(iii) ...which lead to specific predictions about betting markets

(iv) Results of testing the predictions using real betting market data

(v) Implications and conclusion

Disciplines

Economics | Gaming and Casino Operations Management | International Business | Public Affairs, Public Policy and Public Administration | Statistics and Probability

Comments

Moderator: Leighton Vaughn Williams

Session 2-1-E Betting Markets

File: 18 PowerPoint slides

 
May 29th, 8:30 AM May 29th, 10:00 AM

Session 2-1-E: Betting market efficiency implications of different structures: bookmakers vs. exchanges

Caesars Palace, Las Vegas Florentine II

Outline

(i) Quick definition of market efficiency

(ii) Theoretical models lead to general predictions…

(iii) ...which lead to specific predictions about betting markets

(iv) Results of testing the predictions using real betting market data

(v) Implications and conclusion