Home bias in sport betting: Evidence from Czech betting market

Rostislav Stanek

Judgment and Decision Making, 2017, vol. 12, issue 2, 168-172

Abstract: In sport betting, bettors exhibit home bias when they tend to bet on their home team more often. The paper offers a straightforward method of empirical identification of the home bias in the real-world betting market. Using Czech betting data on the league and the national ice-hockey matches, the paper provides support for the existence of the home bias in the Czech betting market.

Date: 2017
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