Degree Type
Honors Capstone Project
Date of Submission
Spring 5-1-2005
Capstone Advisor
Mary E. Lovely
Honors Reader
William Horrace
Capstone Major
Economics
Capstone College
Management
Audio/Visual Component
no
Capstone Prize Winner
no
Won Capstone Funding
no
Honors Categories
Social Sciences
Subject Categories
Economics | Economic Theory | Income Distribution
Abstract
This study tests the efficiency of the college football gambling market and whether the market allows for profitable wagering. Operating upon the theoretical framework that, at any given time, prices fully reflect all information available in a particular market, I test for the existence of residual information that is not currently incorporated into the market, thus rendering it inefficient. This project expands upon several previous studies performed on sports betting – most notably that of Zuber, Gandar, and Bowers (1985), which examined the gambling market efficiency for National Football League games. The findings prove to be consistent with the conclusions reached in these prior analyses, which suggest that speculative inefficiencies exist within the market.
Recommended Citation
McNeil, Brian, "The College Football Gambling Market An Empirical Approach" (2005). Honors Capstone Projects - All. 681.
https://surface.syr.edu/honors_capstone/681
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 License.
