The Effects of the Clock and Kickoff Rule Changes on Actual and Market-Based Expected Scoring in NCAA Football

Kenneth Linna, Evan Moore, Rodney Paul and Andrew Weinbach
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Kenneth Linna: Department of Economics, Finance, and Marketing, Auburn University at Montgomery, P.O. Box 244023, Montgomery, AL 36124, USA
Evan Moore: Department of Economics, Finance, and Marketing, Auburn University at Montgomery, P.O. Box 244023, Montgomery, AL 36124, USA

IJFS, 2014, vol. 2, issue 2, 1-14

Abstract: Clock rule changes were introduced in the 2006 season with the goal of reducing the average duration of the game; these changes were reversed in 2007. In addition, in 2007 the kickoff rule was changed to create more excitement and potentially more scoring. We examine what happened to actual and expected scoring during these National Collegiate Athletic Association (NCAA) football seasons. The clock rule change in 2006 led to lower scoring which was not fully encompassed in the betting market, leading to significant returns to betting the under. Multiple rule changes in 2007 led to volatility in the betting market that subsided by season’s end.

Keywords: rule change; amateur sports; scoring; gambling; betting; market efficiency; prediction markets (search for similar items in EconPapers)
JEL-codes: F2 F3 F41 F42 G1 G2 G3 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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