Is there any favourite-longshot bias in the Hong Kong racetrack betting market?

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Is there any favourite-longshot bias in the Hong Kong racetrack betting market?

The favourite longshot bias has become the central tendency of betting market research. Many researchers find out that bettors tends to under-bet the favourite and over-bet the longshot. In our research, we examine the relationship between odds and the winning probabilities in order to test for the...

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Bibliographic Details
Main Author:	Ka Shing, Yip
Format:	Dissertation (University of Nottingham only)
Language:	English
Published:	2007
Subjects:	horse racing betting market
Online Access:	https://eprints.nottingham.ac.uk/21144/

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