Fear of the Draw, Consumption and Mistaken Heuristics: Profit Opportunities in the Football Betting Market
Published online on April 06, 2026
Abstract
Journal of Sports Economics, Ahead of Print.
This study examines inefficiencies in football betting markets by analyzing the gap between bookmaker odds and empirically estimated probabilities. Using English Premier League data and a combination of Markov processes and ordered logit model, the paper ...
This study examines inefficiencies in football betting markets by analyzing the gap between bookmaker odds and empirically estimated probabilities. Using English Premier League data and a combination of Markov processes and ordered logit model, the paper ...