Date of Award
Bachelor of Arts
The Purpose of this research paper is to analyze the NFL point spread and Over/Under betting market and determine if it follows the efficient market hypothesis. This research paper uses data from armchairanalysis.com for the 2000 NFL season through the 2015 NFL season including playoffs. I use OLS and probit regressions in order to determine NFL betting market efficiency for the point spread betting market and the Over/Under betting market. The results indicate, that as a whole, the NFL betting market appears to be efficient. However, there may be behavioral tendencies that can be taken advantage of in order to make consistent betting profits.
Marino, Mathew, "NFL Betting: Is the Market Efficient?" (2017). Economics Student Theses and Capstone Projects. 27.