关于体育博彩内幕交易的估计

IF 0.7 4区经济学 Q3 ECONOMICS

Manchester School Pub Date : 2024-12-12 DOI:10.1111/manc.12505

Karl Whelan

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引用次数: 0

摘要

几位研究人员报告了“内部人士”在体育博彩中投入的资金比例的估计，他们的信息比博彩公司更优越。我们表明，在本研究中使用的估计内部人员比例的方法仅在高度不现实的条件下是准确的，而这些估计在没有内部人员的现实情况下往往是积极的。我们还认为，这些估计的变化不太可能与内幕信息数量的变化有关，而更有可能是由于其他因素，如博彩公司成本的变化或博彩市场竞争程度的变化。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

On Estimates of Insider Trading in Sports Betting

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On Estimates of Insider Trading in Sports Betting

Several researchers have reported estimates of the fraction of money placed on sports betting by “insiders” with superior information to bookmakers. We show the method for estimating the fraction of insiders used in this research is only accurate under highly unrealistic conditions and that these estimates will tend to be positive in realistic cases where there are no insiders. We also argue that variations in these estimates are unlikely to be related to variations in the amount of inside information but rather are more likely due to other factors such as variations in bookmakers' costs or the extent of competition in betting markets.

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来源期刊

Manchester School ECONOMICS-

CiteScore

1.80

自引率

9.10%

发文量

期刊介绍： The Manchester School was first published more than seventy years ago and has become a distinguished, internationally recognised, general economics journal. The Manchester School publishes high-quality research covering all areas of the economics discipline, although the editors particularly encourage original contributions, or authoritative surveys, in the fields of microeconomics (including industrial organisation and game theory), macroeconomics, econometrics (both theory and applied) and labour economics.