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(Performance) index betting and fixed odds
journal contribution
posted on 2023-06-07, 23:36 authored by John HaighContrasts and similarities between odds betting and index betting are described. When index bets are offered as performance indices, conditions are found under which a direct comparison with conventional odds bets can be made. In this case, the ratio of the sum of the widths of all the spreads to twice the difference between the performance indices for being first and last corresponds to the bookmakers' win margin. Examples illustrate the results.
History
Publication status
- Published
Journal
The StatisticianISSN
0039-0526Publisher
Royal Statistical SocietyExternal DOI
Issue
3Volume
48Page range
425-434ISBN
0039-0526Department affiliated with
- Mathematics Publications
Full text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2012-02-06Usage metrics
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