Honors Program Thesis (UNI Access Only)
Sports betting; Gambling systems; Football;
Previous studies of the National Football League point spread betting market have yielded mixed results on the efficiency of the market. In an efficient NFL betting market, the point spread would incorporate all relevant information contained in past game outcomes. A betting strategy based on publicly available information that produces a consistent profit would be evidence of inefficiency in the market. This study uses data from the 1985-2009 NFL seasons to test four betting strategies. There are isolated incidents of inefficiency that do not hold over time for the majority of seasons examined. Results do show one example of relatively consistent inefficiency in the NFL point spread betting market.
Year of Submission
University Honors Designation
A thesis submitted in partial fulfillment of the requirements for the designation University Honors
29 p. : col. ill.
© 2011 Nicholas Mark Fohey
Fohey, Nicholas Mark, "Efficiency of the NFL point spread betting market" (2011). Honors Program Theses. 93.