Tag Archives: NBA

Does the NBA have a gambling problem?

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NBA’s David Stern does not oppose sports betting anymore — and his successor will favor it (maybe).

Sports Illustrated: I asked Stern if it is in the best interests of his league to seek legalization of sports betting. He sighed with his head down, as if to emphasize the gravity of what he was going to say. … Continue reading

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LiveMocks employs a “wisdom of the crowd” technique to predict the order of the NFL and NBA drafts.

Live Mocks –> http://livemocks.com/ Contact Brian Boyd for more info. http://twitter.com/livemocks http://www.facebook.com/pages/Live-Mocks/282396780436

Posted in Betting, Collective Forecasting, Collective Intelligence - Wisdom Of Crowds | Tagged , , , , , , , , , , , | Leave a comment

Hubdub Hot Predictions This Week

Hubdub’s Hot Predictions this week, as decided by Hubdub users and staff, are selected based on their newsworthiness for the week. These stories are bound to be big news this week – and we have forecasts on how they’re likely … Continue reading

Posted in All Guest Authors's Posts, Exchanges & Markets, Market Prices & Probabilities | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Hubdub Hot Predictions This Week

Hubdub’s Hot Predictions this week, as decided by Hubdub users and staff, are selected based on their newsworthiness for the week. These stories are bound to be big news this week – and we have forecasts on how they’re likely … Continue reading

Posted in All Guest Authors's Posts, Exchanges & Markets, Market Prices & Probabilities | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Hubdub Hot Predictions This Week

Hubdub’s Hot Predictions this week, as decided by Hubdub users and staff, are selected based on their newsworthiness for the week. These stories are bound to be big news this week – and we have forecasts on how they’re likely … Continue reading

Posted in All Guest Authors's Posts, Exchanges & Markets, Market Prices & Probabilities | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Case for Decrimininalization of Prediction Markets

[This article is cross-posted from Major Wager.] – A recent article in the prestigious academic journal Science (May 16, 2008, Vol 320, p. 877-8) once again makes the case for regulated prediction markets, more commonly known as “betting exchanges” to … Continue reading

Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Industry), Exchanges & Markets, Regulations | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Has Justin Wolfers responded elsewhere to Rick Borghesi’s argument?

Rick Borghesi, in August 2007: [...] I take the position (PDF) that, while point shaving in amateur sports may be somewhat more common than previously believed, the suspicious statistical trend that he identifies (heavy favorites win yet fail to cover … Continue reading

Posted in Analysis (Data), Betting, Economics | Tagged , , , , , , , | 2 Comments

Where is the libertarian critique of Justin Wolfers’ Op-Ed on point-shaving betting in the New York Times?

Nowhere. Not on Freakonomics. Not on Marginal Revolution. Not on Caveat Bettor. Nobody asked the good questions: Why is it that point-shaving betting is so popular? Could it be that bettors like point-shaving betting very much for good reasons? And … Continue reading

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Point Shaving in the NBA: An Economic Analysis of the NBA’s Point Spread Betting Market

My name is Jonathan Gibbs, and I was asked by Chris Masse to give a little insight into the paper I wrote for my economics honors thesis at Stanford University, which was recently referenced by Justin Wolfers in his NY … Continue reading

Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Data), Betting, Economics | Tagged , , , , , , , , , , , | 3 Comments