sports betting – BSIC | Bocconi Students Investment Club

Sports Betting Part 2: Further Exploring Cross-Bookie Arbitrage using Kelly Criterion and Odds Models

Download PDF Introduction In our previous exploration of sports betting, we examined basic market efficiency and evaluated whether straightforward strategies could uncover statistical arbitrage opportunities. Our findings showed that, while betting markets may appear exploitable at first glance, they remain highly efficient, leaving little room for profit under simplistic approaches. Read more…

By BSIC, 2 months20 October 2024 ago

Markets

Odds at Play: Testing Efficiency in the Premier League and Serie A

Download PDF Introduction The efficiency of football odds has been widely debated over the past years, especially as competition grew in the industry and forced bookmakers to improve their predictive power on the back of lower margins. In this article, we explore some of the biases present in the football Read more…

By BSIC, 3 months22 September 2024 ago

A Big (Online) Bet: Flutter Entertainment merges with The Stars Group in cross-border deal

Flutter Entertainment PLC [FLTR: LON] – Market Cap as of 08/10/2019: £6.32bn Stars Group Inc [TSGI: TSE] – Market Cap as of 08/10/2019: C$7.89bn Introduction On Wednesday October 1st 2019, news broke of the all-share takeover of the The Stars Group (TSG), a Canadian owner of online gambling platform PokerStars, Read more…

By BSIC, 5 years13 October 2019 ago