Question: Can bettors consistently profit from arbitrage opportunities?
Research on sports betting markets presents mixed findings regarding the consistent profitability of arbitrage opportunities. Several studies…
Question: Does betting on televised events reduce profitability?
Research on betting market efficiency presents mixed findings, with some studies identifying persistent inefficiencies and others suggesting…
Question: Are there “safe bets” in any betting market?
Research on betting markets presents mixed evidence regarding the existence of “safe bets,” with some studies identifying…
Question: Is luck more important than skill in betting?
Research on the relative importance of luck and skill in betting highlights the intricate and often paradoxical relationship between these two…
Question: Does betting on teams with higher fan support decrease profitability?
Research on sports betting markets presents mixed findings regarding the influence of fan sentiment on profitability. Some studies indicate…
Question: Are fixed matches as prevalent as many bettors believe?
Research suggests that match-fixing in sports is a persistent and complex issue, occurring across multiple levels and involving various…
Question: Do insider tips guarantee profitability in sports betting?
Research on insider trading in sports betting markets presents a complex picture, with some studies suggesting that insiders can achieve an…
Question: Are betting systems based on doubling stakes (e.g., Martingale) viable?
Betting systems based on doubling stakes, such as the Martingale system, are fundamentally flawed in the long term despite their superficial…
Question: Do underdogs offer better long-term value than favorites?
Research on underdogs and favorites in betting markets presents a complex and often contradictory picture, with evidence supporting both the…
Question: How does “the favorite-longshot bias” impact?
The favorite-longshot bias in sports betting, where bettors tend to underbet favorites and overbet longshots, has been a prominent subject of…