Honors Program Theses

Award/Availability

Open Access Honors Program Thesis

First Advisor

Syed Kirmani, Honors Thesis Advisor

Keywords

Football--Betting; Efficient market theory;

Abstract

This paper seeks to investigate the NFL betting market, using statistical and economic tests to challenge the Efficient Market Hypothesis’ claim that it is efficient and no strategy can be expected to make a profit. Specifically, this paper studies the spread, over-under, and money line markets to see if each is efficient on their own and as a collective. In looking to see how these lines can influence the outcomes of each other, this paper finds a number of strategies that were profitable over the timeframe of the data. This shows that the NFL betting market was not completely efficient over the time frame, and it suggests that might still be the case.

Year of Submission

2022

Department

Department of Mathematics

University Honors Designation

A thesis submitted in partial fulfillment of the requirements for the designation University Honors

Date Original

5-2022

Object Description

1 PDF file (20 pages)

Creative Commons License

Creative Commons Attribution 4.0 International License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Language

en

File Format

application/pdf

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