Home > Search Results: keywords:"trh se sázením"
Search:
Search Tips :: Advanced Search
Search collections:
Sort by: Display results: Output format:
National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
Efficiency of sports betting markets: are betting odds of KHL biased according to distance?
 Matoušek, Roman ; Lahvička, Jiří (advisor) ; Svoboda, Miroslav (referee)
This thesis examines, if Continental hockey league betting market is efficient and if betting odds are biased according to distance (up to 7500 km). Research is based on 2700 matches between 2008-2012 and odds set by 5 Czech betting companies. Market inefficiency was not found by statistical tests. There was found by using regression analysis that bettors overestimate home teams with respect to distance that visiting team's fans have to travel. It is significant only at 10% significance level. Then there was carried out a simulation of betting on various strategies and there was found the least losing strategy at betting on away teams, which travel more than 1497 km. At this strategy, there is an average return 0,97 CZK inset 1 CZK. Weak form of efficiency cannot be rejected.
Detailed record

Interested in being notified about new results for this query?
Subscribe to the RSS feed.
Digital Repository :: Search :: Submit :: Personalize :: Help
Powered by Invenio v1.1.2
Maintained by admin.invenio@techlib.cz
This site is also available in the following languages:
Česky  English