Risk Arbitrage in the 2021 NBA Championship

William T. Ziemba

Chapter 7 in Sports Analytics, 2022, pp 77-94 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The NBA playoffs and finals are ideal games to watch as they are very competitive and they have many lead changes so mean reversion risk arbitrage is an ideal way to bet and watch these games. I start discussing the general risk arbitrage principles and its application to various sports betting, political and stock market mean reverting situations, then apply it to the NBA playoffs and finals.

Keywords: Sports Analytics; Statistical Analysis of Sports Decisions; NFL Football; Thoroughbred Racing; Basketball; Baseball; Hockey; Jai Alai; Optimal Betting Strategies; Mean Reversion Risk; Arbitrage; Decision Strategies by Coaches (search for similar items in EconPapers)
JEL-codes: C1 L83 Z2 (search for similar items in EconPapers)
Date: 2022
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