Forecasting outcomes in spread betting m
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Paton, David (author);Williams, Leighton Vaughan (author)
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Article
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2005
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John Wiley and Sons
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English
⚖ 101 KB
In this paper, we examine a relatively novel form of gambling, spread (or index) betting that overlaps with practices in conventional financial markets. In this form of betting, a number of bookmakers quote bid-offer spreads about the result of some future event. Bettors may buy (sell) at the top (b