TY - JOUR PY - 2018// TI - Overreaction in football wagers JO - Big data A1 - Smith, Gary A1 - Capron, Andrew SP - ePub EP - ePub VL - ePub IS - ePub N2 - Football (American football) scores are an imperfect measure of a team's ability, and consequently exaggerate differences in abilities. Those teams that perform the best and the worst are not really so far from average in their ability; thus their future performances regress to the mean. Betting data indicate that gamblers do not fully account for this regression.

Language: en

LA - en SN - 2167-6461 UR - http://dx.doi.org/10.1089/big.2018.0036 ID - ref1 ER -