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Racial Bias in the NBA: Implications in Betting Markets
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Tim Larsen
Published/Copyright:
April 28, 2008
Recent studies have documented the existence of an own-race bias on the part of sports officials. In this paper we explore the implications of these biases on betting markets. We use data from the 1991/92 - 2004/05 NBA regular seasons to show that a betting strategy exploiting own-race biases by referees would systematically beat the spread.
Published Online: 2008-4-28
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Articles in the same Issue
- Conference Paper
- New England Symposium on Statistics in Sports
- Estimating Situational Effects on OPS
- Why On-Base Percentage is a Better Indicator of Future Performance than Batting Average: An Algebraic Proof
- Improving Major League Baseball Park Factor Estimates
- In Search of the "Last-Ups" Advantage in Baseball: A Game-Theoretic Approach
- The Role of Rest in the NBA Home-Court Advantage
- Racial Bias in the NBA: Implications in Betting Markets
- A Simple and Flexible Rating Method for Predicting Success in the NCAA Basketball Tournament: Updated Results from 2007
- The Passing Premium Puzzle Revisited
- Isolating the Effect of Individual Linemen on the Passing Game in the National Football League
- Probability and Statistical Models for Racing
- Improving Golf Instruction with the iClub Motion Capture Technology
- Composite Poisson Models for Goal Scoring
- Skill Evaluation in Women's Volleyball
- Probability Formulas and Statistical Analysis in Tennis
