Document Type
Article
Publication Date
6-1-2014
Abstract
The betting market for the Women’s National Basketball Association (WNBA) is a thin financial market, which does not attract much interest from sports bettors. Given these characteristics, it is possible that profitable wagering strategies could exist for informed bettors of the WNBA. Using betting data on the WNBA from 2007–2012, we find that simple betting strategies do not earn statistically significant returns. WNBA bettors are like NBA bettors; however, in that they strongly prefer the best teams, particularly when they are on the road. Despite this clear bias, betting against the most popular public wagers is not found to earn statistically significant profits.
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Recommended Citation
Paul, R. J., & Weinbach, A. P. (2014). Market Efficiency and Behavioral Biases in the WNBA Betting Market. International Journal of Financial Studies, 2(2), 193-202. https://doi.org/10.3390/ijfs2020193. Available at: https://digitalcommons.coastal.edu/finance-economics/
Comments
MDPI originally published this article.