Does transparency imply efficiency? The case of the European soccer betting market

Oikonomidis, A., Bruce, A.C. ORCID: 0000-0001-5748-0701 and Johnson, J.E.V., 2015. Does transparency imply efficiency? The case of the European soccer betting market. Economics Letters, 128, pp. 59-61. ISSN 0165-1765

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Abstract

We discover mispricing in an apparently transparent market - the European soccer betting market. Efficiency differences between countries are accounted for by variations in league competitiveness. We conclude that barriers to efficiency (e.g., risk evaluation problems) may remain in transparent markets.

Item Type: Journal article
Publication Title: Economics Letters
Creators: Oikonomidis, A., Bruce, A.C. and Johnson, J.E.V.
Publisher: Elsevier
Date: March 2015
Volume: 128
ISSN: 0165-1765
Identifiers:
NumberType
10.1016/j.econlet.2015.01.015DOI
S0165176515000257Publisher Item Identifier
Divisions: Schools > Nottingham Business School
Depositing User: Linda Sullivan
Date Added: 29 Nov 2018 15:53
Last Modified: 29 Nov 2018 16:28
URI: http://irep.ntu.ac.uk/id/eprint/35179

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