Home bias in sport betting: Evidence from Czech betting market


STANĚK Rostislav

Year of publication 2017
Type Article in Periodical
Magazine / Source Judgment and Decision Making
MU Faculty or unit

Faculty of Economics and Administration

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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