Information and efficiency: an empirical study of a fixed odds betting market

By Tim Kuypers. 2000

178 citations recorded by the source corpus.

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Why are gambling markets organised so differently from financial markets (2004, unknown): “Virtually all previous analyses of sports wagering have focused exclusively on prices but have not had access to any information about the quantity of bets on each side of the wager (Avery and Chevalier, 1999; Golec and Tamarkin, 1991; Gray and Gray, 1997; Kuypers, 2000).”
Sentiment in the betting market on Spanish football (2008, background): “Kuypers (2000) also offered a theoretical model but one specific to the context we examine: he was the first to note the possibility that bookmakers may adjust odds to take account of the presence of committed supporters in the betting market for a particular match.”
Using ELO ratings for match result prediction in association football (2010, methodology): “The same modeling approach was also used by Kuypers (2000).”
Forecasting football results and the efficiency of fixed‐odds betting (2004, background): “Kuypers (2000) uses a variety of explanatory variables drawn from current-season match results to estimate an ex ante forecasting model.”
Issues in Sports Forecasting (2010, background): “Kuypers (2000) included the bookmakers’ odds as well as some performance variables in his model.”
How Efficient is the European Football Betting Market? Evidence from Arbitrage and Trading Strategies (2009, background): “Kuypers (2000) argued that ineffi cient odds could be set by Copyright © 2008 John Wiley & Sons, Ltd. J. Forecast.”