Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Cricket Betting Market Efficiency

Cricket Betting Market Efficiency

Shahid Ali

Paperback

Business General

ISBN10: 3659373354
ISBN13: 9783659373350
Publisher: Lap Lambert Academic Pub
Published: Jul 10 2014
Pages: 88
Weight: 0.31
Height: 0.21 Width: 6.00 Depth: 9.00
Language: English
This study has investigated the semi-strong efficiency in cricket betting market namely for T20 matches. The results suggest that market updates its information quickly and incorporates any upcoming information into the odds. The results are consistent with studies of semi strong efficiency in sports about information efficiency in sports. It can be said that the betting market for T20 cricket is semi strong efficient as any new information is updated quickly into the odds. The chance for arbitration is very limited. The results suggest that outcome from the ball is the most important variable in analysing the payoff obtained by betting on any given ball. There were other variables also included like batsman's strike rate of the batsman who is facing the ball, bowlers economy rate, over number and dummy variable wicket. Statistical results obtained through regression and correlation suggests that only outcome and wicket are the significant variables in predicting the payoff.

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