Now showing items 1-2 of 2

    • Hidden power of trading activity: the FLB in tennis betting exchanges 

      Abinzano Guillén, María Isabel Upna; Muga Caperos, Luis Fernando Upna; Santamaría Aquilué, Rafael Upna (SAGE Publications, 2017)   Artículo / Artikulua  OpenAccess
      This paper examines the impact of trading activity on the Favourite-Longshot Bias (FLB) in tennis Betting Exchanges, using direct measures such as betting volume, average bet and standard deviation of the odds. According ...
    • The role of small bettors in price formation in betting exchanges 

      Abinzano Guillén, María Isabel Upna; Muga Caperos, Luis Fernando Upna; Santamaría Aquilué, Rafael Upna (Routledge, 2020)   Artículo / Artikulua
      The presence of small bettors in betting exchanges generates mispricing, which can lead to exploitation by informed traders or result in permanent price deviations. This paper shows that mispricing from this source is also ...