In another case, we showed that the presence of a computer-assisted
bettor helped regular players at the expense of the house.
The results above suggest the presence of significant
bettor biases in the NFL betting market that are both persistent and predictable.
In most cases individual
bettors' decisions to play generate a level of sales that conform to their original expectations of the expected value of a lotto ticket.
On the other hand, PCSO said 132
bettors will get P12, 050 each as they have correctly guessed five digits of the six-digit winning combination.
Given the results that
bettor behavior is similar to fan behavior, it is still possible that a small group of
bettors may exist who are truly investors.
"I think there will be a small but measurable wave of people who see his performance on Jeopardy!' and think they would like to be a professional sports
bettor, too," said Grove.
Table 3 presents the results for
bettor preferences in the point spread market in Panel A, and over/under market in Panel B using robust standard errors to control for heterosce-dasticity.
"Does
Bettor Sentiment Affect Bookmaker Pricing?" Journal of Sports Economics, 17(1), 2016.
Most open of the supporting finals is the
Bettor.com Stayers Trophy over 670m.
Of course the big ships cost more money to build, so they "tap the $2
bettor," who they think wants all the glitz and sparkle of their monster ships.
Without loss of generality, outcomes are presented from the underdog
bettor's perspective.
Forty-three other
bettors who guessed five of the winning numbers got P13,450 each.