Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Social and Behavioral Sciences
Market Efficiency And The Women's Nba, Ladd Kochman, Randy Goodwin
Market Efficiency And The Women's Nba, Ladd Kochman, Randy Goodwin
Ladd Kochman
The availability of point spreads for the past three WNBA seasons offers researchers an early opportunity to test the efficiency of the market for wagers on WNBA games. While the more mature betting markets for football, baseball and men's basketball have generally denied regular profits to participants, the unique and emerging nature of the WNBA would seem to warrant another look at the vulnerability of betting lines. By examining the efficiency of WNBA point spreads, this study is, to a large extent, testing the hypothesis that markets in the emerging stage lack the participation that ensures efficient pricing and thus …