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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP17273 |
DP17273 The Wisdom of No Crowds: The Reaction of Betting Markets to Lockdown Soccer Games | |
Karl Whelan | |
发表日期 | 2022-05-04 |
出版年 | 2022 |
语种 | 英语 |
摘要 | The support of home spectators is one of the contributing factors to the home advantage effect in sports matches. The Covid-19 pandemic led to European soccer matches being played without spectators. We show that betting markets adjusted swiftly to account for a reduced home advantage in both goal difference and the probability of a win. These adjustments proved accurate over a large sample of soccer matches subsequently played without spectators even though the earliest games appeared to suggest a much bigger change in home advantage. |
主题 | International Macroeconomics and Finance |
关键词 | Market efficiency Home advantage Soccer Covid-19 |
URL | https://cepr.org/publications/dp17273 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/546293 |
推荐引用方式 GB/T 7714 | Karl Whelan. DP17273 The Wisdom of No Crowds: The Reaction of Betting Markets to Lockdown Soccer Games. 2022. |
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