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Handicaps, outcome uncertainty and attendance demand
David A. Peel Dennis Thomas
, 1997, vol. 4, issue 9, pages 567-570
Applied Economics Letters Abstract:
Using data on 'spread' betting odds for rugby league football this study shows that handicap odds are unbiased and efficient predictors of match results and that, as a proxy for match uncertainty of outcomes, the handicap value is a significant determinant of attendance.
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