Economics at your fingertips  

Bookmakers' mispricing of the disappeared home advantage in the German Bundesliga after the COVID-19 break

Christian Deutscher, David Winkelmann and Marius \"Otting

Papers from

Abstract: The outbreak of COVID-19 in March 2020 led to a shutdown of economic activities in Europe. This included the sports sector, since public gatherings were prohibited. The German Bundesliga was among the first sport leagues realising a restart without spectators. Several recent studies suggest that the home advantage of teams was eroded for the remaining matches. Our paper analyses the reaction by bookmakers to the disappearance of such home advantage. We show that bookmakers had problems to adjust the betting odds in accordance to the disappeared home advantage, opening opportunities for profitable betting strategies.

Date: 2020-08, Revised 2020-08
New Economics Papers: this item is included in nep-spo
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) Latest version (application/pdf)

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:

Access Statistics for this paper

More papers in Papers from
Bibliographic data for series maintained by arXiv administrators ().

Page updated 2020-12-04
Handle: RePEc:arx:papers:2008.05417