Keywords
NBA, basketball, betting, bias, race
Abstract
Recent studies have documented the existence of an own-race bias on the part of sports officials. In this paper we explore the implications of these biases on betting markets. We use data from the 1991/92 - 2004/05 NBA regular seasons to show that a betting strategy exploiting own-race biases by referees would systematically beat the spread.
Original Publication Citation
Larsen, Tim Price, Joe and Wolfers, Justin (28) "Racial Bias in the NBA: Implications in Betting Markets," Journal of Quantitative Analysis in Sports: Vol. 4 : Iss. 2, Article 7.
BYU ScholarsArchive Citation
Larsen, Tim; Prince, Joe; and Wolfers, Justin, "Racial Bias in the NBA: Implications in Betting Markets" (2008). Faculty Publications. 192.
https://scholarsarchive.byu.edu/facpub/192
Document Type
Peer-Reviewed Article
Publication Date
2008-04-01
Permanent URL
http://hdl.lib.byu.edu/1877/2092
Publisher
Berkeley Electronic Press
Language
English
College
Family, Home, and Social Sciences
Department
Economics
Copyright Status
© 2008 The Berkeley Electronic Press Available at: http://www.bepress.com/jqas/vol4/iss2/7
Copyright Use Information
http://lib.byu.edu/about/copyright/