Home-field advantage and biased prediction markets in English soccer

Guy Elaad

Applied Economics Letters, 2020, vol. 27, issue 14, 1170-1174

Abstract: Results of the present study show a larger rate of home wins in the upper leagues of English professional soccer as compared to the lower leagues. By testing the Efficient Market Hypothesis on the online betting markets, home-field bias was found to be over-predicted in League One and League Two (the third and fourth divisions) relative to the premier league. The analysis is based on odds set by 51 different bookmakers for the outcomes of 16,407 soccer matches from the top four divisions in England between seasons 2010/11 and 2017/18.

Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://hdl.handle.net/10.1080/13504851.2019.1675861 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:27:y:2020:i:14:p:1170-1174

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504851.2019.1675861

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().