Handbook of Sports and Lottery Markets
Edited By
Donald Hausch, University of Wisconsin, Madison, USA
W.T. Ziemba, University of British Columbia, Vancouver, Canada
Hardbound, 560 pages, publication date: SEP-2008
ISBN-13: 978-0-444-50744-0
ISBN-10: 0-444-50744-2
Imprint: NORTH-HOLLAND

Contents
I. INDUSTRY STUDIES
1. Pari-mutuel Horse Race Wagering – Competition from Within and Outside the Industry, Mukhtar Ali and Richard Thalheimer
II. UTILITY AND PROBABILITY ESTIMATION
2. Utility and preference estimation, Bruno Jullien and Bernard Salanie
3. Comparing Efficiency of the Over/Under Bets on NFL and NBA Games, Joseph Golec and Murray Tamarkin
4. Approximating the ordering probabilities of multi-entry competitions by a simple method, Victor Lo and John Bacon-Shone
III. FAVORITE-LONGSHOT BIAS IN THE WIN MARKET
5. The Favorite Longshot Bias: An Overview of the Main Explanations, Marco Ottaviani and Peter Norman Sorensen
6. Examining explanations of a market anomaly: preferences or perceptions? Erik Snowberg and Justin Wolfers
7. Unifying the Favorite-Longshot Bias with Other Market Anomalies, Russell S. Sobel and Matt E. Ryan
8. The Favorite-Longshot Bias in S&P 500 and FTSE 100 Index Futures Options: The Return to Bets and the Cost of Insurance, Robert G. Tompkins, William T. Ziemba, and Stewart D. Hodges
9. Efficiency of racetrack betting markets, Donald B. Hausch and William T. Ziemba
10. Modeling Distance Preference and Pace Character in Thoroughbred Turf Racing, David Edelman
11. Pointspread and Odds Betting in Baseball, Basketball and American Football, Hal S. Stern
12. Arbitrage and risk arbitrage in Team, Jai Alai Daniel Lane and William T. Ziemba
V. SEMI-STRONG FORM EFFICIENCY
13. Semi-strong form efficiency in the horserace betting market, Johnnie Johnson and Ming-Chien Sung
14. The dosage breeding theory for horseracing predictions, Marshall Gramm and William T. Ziemba
15. Efficiency in Horse Race Betting Markets: The Role of Professional Tipsters, Olivier Gergaud and Bruno Deschamps
16. Hong Kong markets TBA, John Bacon-Shone et al
VI. PREDICTION MARKETS
17. Index betting for sports and stock indices, John Haigh and Leighton Vaughan Williams
18. Prediction Markets: From Politics to Business (and Back), Erik Snowberg, Justin Wolfers, and E. Zitzewitz
19. Betting exchanges: a technological revolution in sports betting, Michael A. Smith and Leighton Vaughan Williams
VII. SOCCER
20. British soccer betting in Britain, David Forrest
21. Efficiency of soccer betting odds - evidence from a pan-European electronic market, Stephen Kossmeier and Simon Weinberger
VIII. LOTTERIES
22. Economics of lottery markets, Ian Walker
23. The statistics of lotteries, John Haigh
24. US lotto markets, Victor Matheson and K. Grote