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Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/37278
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dc.contributor.authorOtting, Mariusen_UK
dc.contributor.authorDeutscher, Christianen_UK
dc.contributor.authorSingleton, Carlen_UK
dc.contributor.authorDe Angelis, Lucaen_UK
dc.date.accessioned2025-08-02T00:10:19Z-
dc.date.available2025-08-02T00:10:19Z-
dc.date.issued2025-10en_UK
dc.identifier.urihttp://hdl.handle.net/1893/37278-
dc.description.abstractWith unprecedented access to volumes and prices of state-contingent claims by a major bookmaker, second-by-second in-play football betting markets, we study what happens after major breaking news. We focus on what might look like a shift in momentum to a bettor: equalising goals. Immediately after this news breaks, the volume of claims sold on the match outcomes increases and is substantially biased towards the equalising team. But there is no evidence that the prices or values of these claims are functions of whichever team scored last. These findings illustrate the value of integrating high-frequency price and quantity data to evaluate the efficiency and profitability of betting markets.en_UK
dc.language.isoenen_UK
dc.publisherWileyen_UK
dc.relationOtting M, Deutscher C, Singleton C & De Angelis L (2025) Betting on Momentum in Contests. <i>Economic Inquiry</i>, 63 (4), pp. 1066-1089. https://doi.org/10.1111/ecin.70008en_UK
dc.rights© 2025 The Author(s). Economic Inquiry published by Wiley Periodicals LLC on behalf of Western Economic Association International. This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited.en_UK
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/en_UK
dc.subjectbehavioral biasen_UK
dc.subjectbetting marketsen_UK
dc.subjectexpectationsen_UK
dc.subjectmarket efficiencyen_UK
dc.subjectrisk-takingen_UK
dc.titleBetting on Momentum in Contestsen_UK
dc.typeJournal Articleen_UK
dc.identifier.doi10.1111/ecin.70008en_UK
dc.citation.jtitleEconomic Inquiryen_UK
dc.citation.issn1465-7295en_UK
dc.citation.issn0095-2583en_UK
dc.citation.volume63en_UK
dc.citation.issue4en_UK
dc.citation.spage1066en_UK
dc.citation.epage1089en_UK
dc.citation.publicationstatusPublisheden_UK
dc.citation.peerreviewedRefereeden_UK
dc.type.statusVoR - Version of Recorden_UK
dc.author.emailcarl.singleton@stir.ac.uken_UK
dc.citation.date28/07/2025en_UK
dc.contributor.affiliationUniversity of Bielefeld, Germanyen_UK
dc.contributor.affiliationUniversity of Bielefeld, Germanyen_UK
dc.contributor.affiliationEconomicsen_UK
dc.contributor.affiliationUniversity of Bolognaen_UK
dc.identifier.isiWOS:001538267000001en_UK
dc.identifier.scopusid105011949919en_UK
dc.identifier.wtid2143969en_UK
dc.contributor.orcid0000-0001-8247-8830en_UK
dc.date.accepted2025-07-08en_UK
dcterms.dateAccepted2025-07-08en_UK
dc.date.filedepositdate2025-07-09en_UK
dc.subject.tagBehavioural and Experimental Economicsen_UK
dc.subject.tagEconomicsen_UK
dc.subject.tagHorse Racing and Gamblingen_UK
rioxxterms.apcnot requireden_UK
rioxxterms.versionVoRen_UK
local.rioxx.authorOtting, Marius|en_UK
local.rioxx.authorDeutscher, Christian|en_UK
local.rioxx.authorSingleton, Carl|0000-0001-8247-8830en_UK
local.rioxx.authorDe Angelis, Luca|en_UK
local.rioxx.projectInternal Project|University of Stirling|https://isni.org/isni/0000000122484331en_UK
local.rioxx.freetoreaddate2025-07-28en_UK
local.rioxx.licencehttp://creativecommons.org/licenses/by/4.0/|2025-07-28|en_UK
local.rioxx.filenameOtting-etal-EI-2025.pdfen_UK
local.rioxx.filecount1en_UK
local.rioxx.source1465-7295en_UK
dc.description.sdgDecent Work and Economic Growthen_UK
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