Home bias in sport betting: Evidence from Czech betting market
| Authors | |
|---|---|
| Year of publication | 2017 |
| Type | Article in Periodical |
| Magazine / Source | Judgment and Decision Making |
| MU Faculty or unit | |
| Citation | |
| Web | http://journal.sjdm.org/16/16824/jdm16824.pdf |
| Field | Economy |
| Keywords | home bias; betting market; sentimental betting |
| Attached files | |
| Description | In sport betting, bettors exhibit home bias when they tend to bet on their home team more often. The paper offers a straightforward method of empirical identification of the home bias in the real-world betting market. Using Czech betting data on the league and the national ice-hockey matches, the paper provides support for the existence of the home bias in the Czech betting market. |
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