This dissertation has the aim to present a complete overview of the current features and activities related to the sports betting industry and to explain the reasons why it can be considered a new asset class to invest on. The first chapter explains the main features of both fixed-odds and exchange betting market, the second describes the activity of sport trading, while the third presents a deep investigation concerning the market efficiency. Chapter 4 shows the arbitrage opportunities implementable in this market, that come from the efficiency study of the previous chapter. Before the conclusion, a personal study about the value betting arbitrage opportunity is presented, confirming that abnormal returns are achievable.

Sports betting: a new asset class to bet on

TURCHETTO, DAVIDE
2021/2022

Abstract

This dissertation has the aim to present a complete overview of the current features and activities related to the sports betting industry and to explain the reasons why it can be considered a new asset class to invest on. The first chapter explains the main features of both fixed-odds and exchange betting market, the second describes the activity of sport trading, while the third presents a deep investigation concerning the market efficiency. Chapter 4 shows the arbitrage opportunities implementable in this market, that come from the efficiency study of the previous chapter. Before the conclusion, a personal study about the value betting arbitrage opportunity is presented, confirming that abnormal returns are achievable.
2021
Sports betting: a new asset class to bet on
Sports betting
Sports trading
Market efficiency
Arbitrage
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.12608/10686