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Racial Bias in the NBA: Implications in Betting Markets
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Tim Larsen
Veröffentlicht/Copyright:
28. April 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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- Why On-Base Percentage is a Better Indicator of Future Performance than Batting Average: An Algebraic Proof
- Improving Major League Baseball Park Factor Estimates
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