NBA, basketball, betting, bias, race
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). All Faculty Publications. 192.
Berkeley Electronic Press
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© 2008 The Berkeley Electronic Press Available at: http://www.bepress.com/jqas/vol4/iss2/7
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