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THE EFFICIENCY OF RACETRACK BETTING MARKETS: AUSTRALIAN EVIDENCE

Ron Bird and M. McCrae
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M. McCrae: Dept. of Accountancy, University of Wollongong, NSW, Australia

Chapter 57 in Efficiency of Racetrack Betting Markets, 2008, pp 575-582 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionGambling in AustraliaAustralian EvidenceUtility Preferences of Racetrack BettorsEfficiency of Win Markets and the Favourite-Longshot BiasThe Movements in Bookmaker OddsTipsters InformationInsider InformationTwo Markets, Bookmakers and the TotalisatorPrices vs. Handicapping: Place and Show AnomaliesNew Zealand EvidenceOther IssuesEndnotesReferences

Keywords: Racetrack Efficiency; Racetrack Betting Market; Racetrack Betting; Win Market; Finance (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (6)

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