Is there an optimistic bias on betting markets?

Page, L. 2009. Is there an optimistic bias on betting markets? Economics Letters. 102 (2), pp. 70-72.

TitleIs there an optimistic bias on betting markets?
AuthorsPage, L.
Abstract

Bettors are subject to an optimistic bias when betting on the team they support. This paper shows that this individual bias does not affect betting odds on British teams in association football (soccer), as it is often argued.

JournalEconomics Letters
Journal citation102 (2), pp. 70-72
ISSN0165-1765
YearFeb 2009
PublisherElsevier
Digital Object Identifier (DOI)doi:10.1016/j.econlet.2008.10.006
Publication dates
PublishedFeb 2009

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