Structural characteristics of fixed-odds sports betting products
Background and aims A literature exists on the structural characteristics of electronic
gambling machines (EGMs), which are design innovations that can promote spending …
gambling machines (EGMs), which are design innovations that can promote spending …
Hedging on betting markets
G Axén, D Cortis - Risks, 2020 - mdpi.com
The possibility to use hedging strategies is an often neglected aspect in the literature on
prediction/betting markets, as most papers assume that bettors will bet according to their …
prediction/betting markets, as most papers assume that bettors will bet according to their …
High-stakes hedges are misunderstood too. A commentary on:“Valuing bets and hedges: Implications for the construct of risk preference”
PWS Newall, D Cortis - Judgment and Decision Making, 2019 - cambridge.org
Frederick, Levis, Malliaris & Meyer (2018) report a package of laboratory studies where
participants underestimate the value of “hedges”: Risky bets which cancel out the risk of …
participants underestimate the value of “hedges”: Risky bets which cancel out the risk of …