The author would like to thank the Editor of The Journal of Futures Markets and two anonymous referees for numerous suggestions on a previous draft of this paper. All remaining errors, however, are the author's responsibility. Financial assistance, provided through a Summer Grant from the Miles Fund
Testing Efficiency Across Markets: Evidence from the NCAA Basketball Betting Market
โ Scribed by L. Lee Colquitt; Norman H. Godwin; Steven B. Caudill
- Book ID
- 108567900
- Publisher
- John Wiley and Sons
- Year
- 2001
- Tongue
- English
- Weight
- 99 KB
- Volume
- 28
- Category
- Article
- ISSN
- 0306-686X
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## Abstract This paper assesses the international efficiency of the European football betting market by examining the forecastability of match outcomes on the basis of the information contained in different sets of online and fixed odds quoted by six major bookmakers. The paper also investigates th
## Introduction any studies of futures market efficiency have used one of two basic methods M to examine market efficiency. The first method, widely used to examine the efficiency of commodity futures, is to regress the actual realized delivery-day spot rate against an earlier observed futures pri