Betting with house money: reverse line movement based strategies in college football totals markets

James Francisco () and Evan Moore ()
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James Francisco: Auburn University at Montgomery
Evan Moore: Auburn University at Montgomery

Journal of Economics and Finance, 2019, vol. 43, issue 4, No 10, 813-827

Abstract: Abstract This article tests the efficient market hypothesis and the profitability of a simple betting strategies in NCAA college football. We examine all games that have a total, or over/under, from September 2005 through January 2016. We investigate whether betting based on “reverse line movement” in an effort to follow the actions of “sharps,” or professional bettors, is profitable over the time period. We find that, in general, following reverse line movement is not a profitable strategy with regard to the totals markets in college football.

Keywords: College football; Gambling; Financial markets; Recreation (search for similar items in EconPapers)
JEL-codes: G17 G29 L83 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (2)

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DOI: 10.1007/s12197-019-09479-3

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