Home bias in sport betting: Evidence from Czech betting market
Journal Title: Judgment and Decision Making - Year 2017, Vol 12, Issue 2
Abstract
In sport betting, bettors exhibit home bias when they tend to bet on their home team more often. The paper offers a straightforward method of empirical identification of the home bias in the real-world betting market. Using Czech betting data on the league and the national ice-hockey matches, the paper provides support for the existence of the home bias in the Czech betting market.
Authors and Affiliations
Rostislav Staněk
Keywords
Related Articles
- EP ID EP678285
- DOI -
- Views 130
- Downloads 0
Speakers’ choice of frame in binary choice: Effects of recommendation mode and option attractiveness
A distinction is proposed between recommending for preferred choice options and recommending against non-preferred choice options. In binary choice, both recommendation modes are logically, though not psychologically, eq...
It’s still bullshit: Reply to Dalton (2016)
In reply to Dalton (2016), we argue that bullshit is defined in terms of how it is produced, not how it is interpreted. We agree that it can be interpreted as profound by some readers (and assumed as much in the original...
Exploring the time-saving bias: How drivers misestimate time saved when increasing speed
According to the time-saving bias, drivers underestimate the time saved when increasing from a low speed and overestimate the time saved when increasing from a relatively high speed. Previous research used a specific typ...
Lay attitudes to trade with low-wage countries
Three studies presented scenarios to lay people to investigate their willingness to restrict imports. Greater restriction was preferred when similar goods were made at home, when the owners of the foreign businesses made...
Outcomes and expectations in dilemmas of trust
Rational trust decisions depend on potential outcomes and expectations of reciprocity. In the trust game, outcomes and expectations correspond to the structural factors of risk and temptation. Two experiments investigate...