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Gambling vs financial markets

February 19th, 2007 Leave a comment Go to comments

You’ll soon realize I like the work of the two gentlemen who wrote Freakonomics. I have a link to their blog on my site and I’m certain I’ll post many comments from it. In this post, Steven Levitt talks about betting on home underdogs in the NFL. An interesting read. He also refers back to a paper he talks about a paradox in sports betting, which is also an interesting read despite its age (2004).

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