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Lust Masters Thesis Draft 7-19.pdf (988.55 KB)
ETD Abstract Container
Abstract Header
A Test of Efficiency in NBA Point Spread Markets
Author Info
Lust, Alexander D
ORCID® Identifier
http://orcid.org/0000-0003-3990-1351
Permalink:
http://rave.ohiolink.edu/etdc/view?acc_num=miami1533158563565605
Abstract Details
Year and Degree
2018, Master of Arts, Miami University, Economics.
Abstract
Over the past forty years, economists have worked to evaluate efficiency in professional and collegiate sports point spread markets. While some find efficiency, others find exploitable outcomes. This study incorporates new information regarding the markup charged by online sportsbooks, and applies a new econometric technique–the median regression–to evaluate NBA point spread markets. Using data from ten online sportsbooks, I evaluate efficiency using both median and ordinary least squares regressions. When inefficiencies are found, simulations are created to assess potential profitable outcomes. I incorporate strong tests for efficiency, and find profitable betting strategies, which are amplified given the presence of lower markups.
Committee
William Even (Advisor)
Michael Lipsitz (Committee Member)
Austin Smith (Committee Member)
Pages
41 p.
Subject Headings
Economics
;
Sports Management
Keywords
Gambling Market Efficiency
;
NBA
;
Economics
;
Sports Betting
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Refworks
EndNote
RIS
Mendeley
Citations
Lust, A. D. (2018).
A Test of Efficiency in NBA Point Spread Markets
[Master's thesis, Miami University]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=miami1533158563565605
APA Style (7th edition)
Lust, Alexander.
A Test of Efficiency in NBA Point Spread Markets.
2018. Miami University, Master's thesis.
OhioLINK Electronic Theses and Dissertations Center
, http://rave.ohiolink.edu/etdc/view?acc_num=miami1533158563565605.
MLA Style (8th edition)
Lust, Alexander. "A Test of Efficiency in NBA Point Spread Markets." Master's thesis, Miami University, 2018. http://rave.ohiolink.edu/etdc/view?acc_num=miami1533158563565605
Chicago Manual of Style (17th edition)
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Document number:
miami1533158563565605
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Copyright Info
© 2018, all rights reserved.
This open access ETD is published by Miami University and OhioLINK.