Betting Market BehaviorBetting MarketsBetting Strategy and ROIFavorite-Longshot BiasGeneral Sports BettingMarket EfficiencyOdds and MispricingProbability and Expected ValueQuestions4 Min Read Betting Researchon26/02/2025Question: How do closing line odds reflect market efficiency? Some research shows that betting markets don’t always work perfectly, while other studies suggest they are usually efficient. For example, in…