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(Performance) index betting and fixed odds

journal contribution
posted on 2023-06-07, 23:36 authored by John Haigh
Contrasts 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 Statistician

ISSN

0039-0526

Publisher

Royal Statistical Society

Issue

3

Volume

48

Page range

425-434

ISBN

0039-0526

Department affiliated with

  • Mathematics Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-02-06

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