Financial spread betting
نویسندگان
چکیده
منابع مشابه
Markowitz portfolio theory for soccer spread betting
Soccer spread betting is analysed using standard probabilistic methods assuming that goals are scored in a match according to Poisson distributions with constant means. A number of different possible forms of ‘edge’ (betting advantage) is identified. It is shown how the centre spreads of the more common bets in the ‘bet universe’ may be calculated. A more general question is then addressed, nam...
متن کامل‘Quarbs’ and Efficiency in Spread Betting: can you beat the book?
In this paper, we examine a relatively novel form of gambling, index (or spread) betting, that mirrors (and indeed overlaps with) practices in conventional financial markets. In this form of betting, a number of bookmakers quote a bid-offer spread about the result of some future event, and bettors are invited to buy (sell) at the top (bottom) end of the quoted spreads. We hypothesise that the e...
متن کاملUnderstanding Price Movements in Point Spread Betting Markets: Evidence from NCAA Basketball
We analyze point spread changes and betting volume for NCAA Division IA men’s basketball games using survival analysis techniques. Estimates based on point spread changes from 2,548 games at the Hilton sports book and 1,681 games at the Mirage sports book in the 2007 season indicate that observed changes in point spreads are not related to imbalances in bet volumes. Sports books do not appear t...
متن کاملLast round Betting
Two players with differing amounts of money simultaneously choose an amount to bet on an even-money win-or-lose bet. The outcomes of the bets may be dependent and the player who has the larger amount of money after the outcomes are decided is the winner. This game is completely analyzed. In nearly all cases, the value exists and optimal strategies for the two players that give weight to a finit...
متن کاملHistorical Presidential Betting Markets
W agering on political outcomes has a long history in the United States. As Henry David Thoreau (1848 [1967], p. 36) noted: “All voting is a sort of gaming, . . . and betting naturally accompanies it.” This paper analyzes the large and often well-organized markets for betting on presidential elections that operated between 1868 and 1940. Over $165 million (in 2002 dollars) was wagered in one el...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Significance
سال: 2006
ISSN: 1740-9705
DOI: 10.1111/j.1740-9713.2006.00148.x