Journal of Economics and Finance

, Volume 29, Issue 3, pp 409–415 | Cite as

Bettor preferences and market efficiency in football totals markets

  • Rodney Paul
  • Andrew P. Weinbach
Sports Symposium


The betting markets for totals in college football and arena football provide additional evidence of bettor preference for scoring. The results for college football and arena football markets are similar to those found in the professional football and professional basketball totals market. In all of these leagues, the overs are overbet. We suggest that there is a clear preference for bettors to bet the over and the extent of the bias depends upon the volume of uninformed bettors to informed bettors and limits placed on bets in these markets.


Forecast Error Efficient Market Total Market High Total Professional Football 
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Copyright information

© Springer 2005

Authors and Affiliations

  1. 1.School of BusinessSt. Bonaventure UniversitySt. Bonaventure
  2. 2.Department of EconomicsArmstrong Atlantic State UniversitySavannah

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