Information and price efficiency in the absence of home crowd advantage
Tadgh Hegarty
Applied Economics Letters, 2021, vol. 28, issue 21, 1902-1907
Abstract:
This paper evaluates the efficiency of betting market pricing for top league soccer matches played behind closed doors during the COVID-19 pandemic. The removal of the crowd component of home advantage results in substantial improvement in both the market predictions of goal difference and home team wins.
Date: 2021
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DOI: 10.1080/13504851.2021.1883525
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