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Author : Peter Asch
Publisher :
ISBN 13 :
Total Pages : 5 pages
Book Rating : 4.:/5 (39 download)
Download or read book A Test of Market Efficiency in "exotic" Racetrack Betting written by Peter Asch and published by . This book was released on 1986 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Donald B. Hausch
Publisher : World Scientific
ISBN 13 : 9812819193
Total Pages : 679 pages
Book Rating : 4.8/5 (128 download)
Download or read book Efficiency of Racetrack Betting Markets written by Donald B. Hausch and published by World Scientific. This book was released on 2008 with total page 679 pages. Available in PDF, EPUB and Kindle. Book excerpt: A reprint of one of the classic volumes on racetrack efficiency, this book is the only one in its field that deals with the racetrack betting market in-depth, containing all the important historical papers on racetrack efficiency. As evidenced by the collection of articles, the understanding of racetrack betting is clearly drawn from, and has correspondingly returned something to, all the fields of psychology, economics, finance, statistics, mathematics and management science.
Author : Leighton Vaughan Williams
Publisher : Cambridge University Press
ISBN 13 : 1139445405
Total Pages : 412 pages
Book Rating : 4.1/5 (394 download)
Download or read book Information Efficiency in Financial and Betting Markets written by Leighton Vaughan Williams and published by Cambridge University Press. This book was released on 2005-09-29 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: The degree to which markets incorporate information is one of the most important questions facing economists today. This book provides a fascinating study of the existence and extent of information efficiency in financial markets, with a special focus on betting markets. Betting markets are selected for study because they incorporate features highly appropriate to a study of information efficiency, in particular the fact that each bet has a well-defined end point at which its value becomes certain. Using international examples, this book reviews and analyses the issue of information efficiency in both financial and betting markets. Part I is an extensive survey of the existing literature, while Part II presents a range of readings by leading academics. Insights gained from the book will interest students of financial economics, financial market analysts, mathematicians and statisticians, and all those with a special interest in finance or gambling.
Author : William T Ziemba
Publisher : World Scientific
ISBN 13 : 9813278803
Total Pages : 489 pages
Book Rating : 4.8/5 (132 download)
Download or read book Exotic Betting At The Racetrack written by William T Ziemba and published by World Scientific. This book was released on 2018-12-21 with total page 489 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exotic Betting at the Racetrack is unique as it covers the efficient-inefficient strategy to price and find profitable racetrack bets, along with handicapping that provides actual bets made by the author on essentially all of the major wagers offered at US racetracks. The book starts with efficiency, accuracy of the win odds, arbitrage, and optimal betting strategies. Examples and actual bets are shown for various wagers including win, place and show, exacta, quinella, double, trifecta, superfecta, Pick 3, 4 and 6 and rainbow pick 5 and 6. There are discussions of major races including the Breeders' Cup, Pegasus, Dubai World Cup and the US Triple Crown from 2012-2018. Dosage analysis is also described and used. An additional feature concerns great horses such as the great mares Rachel Alexandra, Zenyatta, Goldikova, Treve, Beholder and Song Bird. There is a discussion of horse ownership and a tour through arguably the world's top trainer Frederico Tesio and his stables and horses in Italy.Related Link(s)
Author : W. T. Ziemba
Publisher : World Scientific Publishing Company
ISBN 13 : 9789813278783
Total Pages : 474 pages
Book Rating : 4.2/5 (787 download)
Download or read book Exotic Betting at the Racetrack written by W. T. Ziemba and published by World Scientific Publishing Company. This book was released on 2018-12 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exotic Betting at the Racetrack is unique as it covers the efficient-inefficient strategy to price and find profitable racetrack bets, along with handicapping that provides actual bets made by the author on essentially all of the major wagers offered at US racetracks. The book starts with efficiency, accuracy of the win odds, arbitrage, and optimal betting strategies. Examples and actual bets are shown for various wagers including win, place and show, exacta, quinella, double, trifecta, superfecta, Pick 3, 4 and 6 and rainbow pick 5 and 6. There are discussions of major races including the Breeders' Cup, Pegasus, Dubai World Cup and the US Triple Crown from 2012-2018. Dosage analysis is also described and used. An additional feature concerns great horses such as the great mares Rachel Alexandra, Zenyatta, Goldikova, Treve, Beholder and Song Bird. There is a discussion of horse ownership and a tour through arguably the world's top trainer Frederico Tesio and his stables and horses in Italy.
Author :
Publisher :
ISBN 13 :
Total Pages : 524 pages
Book Rating : 4.:/5 (49 download)
Download or read book Economica written by and published by . This book was released on 1993 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Donald B. Hausch
Publisher : Elsevier
ISBN 13 : 0080559956
Total Pages : 561 pages
Book Rating : 4.0/5 (85 download)
Download or read book Handbook of Sports and Lottery Markets written by Donald B. Hausch and published by Elsevier. This book was released on 2011-08-11 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: Its basic empirical research and investigation of pure theories of investment in the sports and lottery markets make this volume a winner. These markets are simpler to study than traditional financial markets, and their expected values and outcomes are uncomplicated. By means of new overviews of scholarship on the industry side of racetrack and other betting markets to betting exchanges and market efficiencies, contributors consider a variety of sports in countries around the world. The result is not only superior information about market forecasting, but macro- and micro-analyses that are relevant to other markets. Easily studied sports markets reveal features relevant for more complex traditional financial markets Significant coverage of sports from racing to jai alai New studies of betting exchanges and Internet wagering markets
Author : Paul Twomey
Publisher :
ISBN 13 :
Total Pages : 404 pages
Book Rating : 4.:/5 (847 download)
Download or read book Market Efficiency of Horse-race Betting Markets with Applications to Spread Betting written by Paul Twomey and published by . This book was released on 2005 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Donald B. Hausch
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (848 download)
Download or read book Efficiency of the Market for Racetrack Betting written by Donald B. Hausch and published by . This book was released on 1981 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Wai Han Vivian Hu
Publisher :
ISBN 13 :
Total Pages : 224 pages
Book Rating : 4.:/5 (495 download)
Download or read book The Study of Odds Information and Betting Days on Horse Race Betting Outcomes from Efficient Market Hypothesis to Behavioral Finance written by Wai Han Vivian Hu and published by . This book was released on 2008 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Malcolm McKee
Publisher :
ISBN 13 :
Total Pages : 244 pages
Book Rating : 4.:/5 (154 download)
Download or read book Testing for Efficiency in the New Zealand Horse Racetrack Betting Market written by Malcolm McKee and published by . This book was released on 1998 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ramon P. DeGennaro
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book The Modern Racing Landscape and the Racetrack Wagering Market written by Ramon P. DeGennaro and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Horse racing is an important industry throughout much of the world, and gambling has been increasingly relied on to provide financial support for beleaguered state governments. Technology has changed the way track patrons bet, with the vast and increasing majority of total bets being made away from live racing. The menu of wagering options continues to grow with a wide variety of exotic bets, futures wagering markets, program betting, and on-line betting venues becoming more prevalent. We know a fair amount about the determinants of wagering volume, but our knowledge of the demand for wagering on these different types of bets within and across venues remains in its infancy. We review the available research on the components of wagering demand, the effect of government subsidies on wagering volume, and the efficiency of the betting market. We also describe several new issues that continue to affect the racing landscape.
Author :
Publisher :
ISBN 13 :
Total Pages : 586 pages
Book Rating : 4.F/5 ( download)
Download or read book The Asian Economic Review written by and published by . This book was released on 1995 with total page 586 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 758 pages
Book Rating : 4.:/5 (318 download)
Download or read book Journal of Economic Literature written by and published by . This book was released on 1998 with total page 758 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : American Economic Association
Publisher :
ISBN 13 :
Total Pages : 1404 pages
Book Rating : 4.0/5 ( download)
Download or read book Index of Economic Articles in Journals and Collective Volumes written by American Economic Association and published by . This book was released on 1999 with total page 1404 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Bill Benter
Publisher : Diana
ISBN 13 : 9789841259938
Total Pages : 56 pages
Book Rating : 4.2/5 (599 download)
Download or read book Computer-Based Horse Race Handicapping and Wagering Systems written by Bill Benter and published by Diana. This book was released on 2020-02-14 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Gambler Who Cracked the Horse-Racing Code Bill Benter did the impossible: He wrote an algorithm that couldn't lose at the track. Close to a billion dollars later, he tells his system. This book examines the elements necessary for a practical and successful computerized horse race handicapping and wagering system. Data requirements, handicapping model development, wagering strategy, and feasibility are addressed. A logit-based technique and a corresponding heuristic measure of improvement are described for combining a fundamental handicapping model with the public's implied probability estimates. The author reports significant positive results in five years of actual implementation of such a system. This result can be interpreted as evidence of inefficiency in pari-mutuel racetrack wagering. This paper aims to emphasize those aspects of computer handicapping which the author has found most important in practical application of such a system. Also included the Bill Benter "What Are My Odds?" Presentation at ICCM in 2004.
Author : Leonard C Maclean
Publisher : World Scientific
ISBN 13 : 9811250227
Total Pages : 587 pages
Book Rating : 4.8/5 (112 download)
Download or read book Sports Analytics written by Leonard C Maclean and published by World Scientific. This book was released on 2021-12-22 with total page 587 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of applications of analytic techniques to a number of popular sports including baseball, basketball, hockey, Jai Alai, NFL football and horseracing. We focus on both the statistics of the sporting events and betting strategies on the events. The subject is fascinating as there are many twists and subtle complicated decisions.Sports analytics applies mathematical and statistical methods to important questions in the structure and performance of sporting activities using the same basic methods and approaches as data analysts in other disciplines.Sports games and events are a fruitful area for study and to evaluate betting strategies as there is extensive data and mean reversion. With prices changing continuously, risk arbitrage bets can be made. Moreover, little errors, like a penalty to a player or an error in a call by a referee, can change the score of a game and corresponding betting prices. The collection and analysis of in-game data can inform players, coaches and staff on effective decision making during sporting events.Novel features of the book include: an analysis of who were the greatest baseball batters; analyses of the players most important to team success (and they are not necessarily the best players) in basketball, NFL football and hockey; a tutorial on risk arbitrage and its applications to NFL football and NBA basketball; a discussion of many ad hoc decision rules by coaches and players and what was really optimal; in the racing section we discuss breeding, the analysis of various bets like the Rainbow and ordinary Pick 6, a discussion and betting on the most important races and a visit to the Breeders' Cup with Ed Thorp to demonstrate the place and show system in action.
