Essays about: "Betting Exchange"

Found 5 essays containing the words Betting Exchange.

  1. 1. A Bayesian approach to predict the number of soccer goals : Modeling with Bayesian Negative Binomial regression

    University essay from Linköpings universitet/Statistik och maskininlärning

    Author : JOakim Bäcklund; Johdet Nils; [2018]
    Keywords : Bayesian regression; Negative Binomial regression; Poisson regression; Soccer goals; odds;

    Abstract : This thesis focuses on a well-known topic in sports betting, predicting the number of goals in soccer games.The data set used comes from the top English soccer league: Premier League, and consists of games played in the seasons 2015/16 to 2017/18. READ MORE

  3. 2. Why Are Assets on Betting Markets Priced So Diversely? A Microeconomic Analysis

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Gustav Axén; [2018]
    Keywords : Prediction markets; betting; gambling; efficient market hypothesis; market failure;

    Abstract : We consider a set of counter-intuitive empirical observations about betting markets, and ask to which extent they can be explained by microeconomic theory. Those facts are, roughly, that (i) prices are not uniform for seemingly equivalent instruments, (ii) betting exchanges generally offer better odds than bookmakers, (iii) there are many bookmakers operating but one dominant betting exchange and (iv) long-shot events are often predicted to occur more frequently than they actually do by the market. READ MORE

  4. 3. Analysts' Expectations and Stock Returns on the London Stock Exchange

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Philip Gustafsson; David Berg; [2018]
    Keywords : Analysts expectations; Efficient Markets; Representativeness Heuristics;

    Abstract : This study examines the anomaly between stock returns and analysts' forecasts, with reference to previous findings in the US market. We replicate La Porta's (1996) study, where he finds that betting against analysts' forecasts tends to be a good strategy, as the stocks that analysts are most optimistic about earn poor returns relative to the stocks that analysts are most pessimistic about. READ MORE

  5. 4. Credit Default Swap in a financial portfolio: angel or devil? : A study of the diversification effect of CDS during 2005-2010.

    University essay from Handelshögskolan vid Umeå universitet

    Author : Aliaksandra Vashkevich; Dong Wei Hu; [2010]
    Keywords : credit risk; credit derivative; credit default swap; credit spreads; portfolio diversification; investor;

    Abstract : Credit derivative market has experienced an exponential growth during the last 10 years with credit default swap (CDS) as an undoubted leader within this group. CDS contract is a bilateral agreement where the seller of the financial instrument provides the buyer the right to get reimbursed in case of the default in exchange for a continuous payment expressed as a CDS spread multiplied by the notional amount of the underlying debt. READ MORE

  6. 5. Information and Prices on a Betting Exchange: A Study of the Market Microstructure and the Efficiency of a Betting Exchange

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Robert Bongart; Johan Conradsson; [2006]
    Keywords : Betting; Betting Exchange; Market Efficiency; Long shot bias;

    Abstract : We study the market microstructure of betting exchanges and investigate whether this new betting market is efficient by looking at 50 561 transactions conducted by 214 traders. Given that betting exchanges have many characteristics in common with financial exchanges, we hypothesize an odds clearing equilibrium framework in order to study efficiency on this specific market. READ MORE