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Journal articles on the topic 'Betting'

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Published: 4 June 2021
Last updated: 29 July 2024

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1

Rose, I. Nelson. "Betting on Sports Betting." Gaming Law Review and Economics 18, no. 10 (December 2014): 953–60. http://dx.doi.org/10.1089/glre.2014.18102.

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2

Filby, Mike, and Lee Harvey. "Recreational betting: individual betting profiles." Leisure Studies 8, no. 3 (September 1989): 219–27. http://dx.doi.org/10.1080/02614368900390221.

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3

Lee, Nanhee, Hyojeong Jeon, and Eunkyoung Goh. "Path Analysis of Youth Betting Behavior by Accessibility Level." Korean Association For Learner-Centered Curriculum And Instruction 22, no. 15 (August 15, 2022): 151–66. http://dx.doi.org/10.22251/jlcci.2022.22.15.151.

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Objectives The purpose of this study is to provide data for an integrated understanding of youth betting behaviors and customized interventions for each path by identifying the paths of youth betting behaviors by accessibility level. Methods For this purpose, data from 571 adolescents residing across the country were collected, descriptive statistics and correlation analysis were performed with SPSS 21.0, and latent profile analysis was performed using the ‘tidyLPA’ package in R version 3.6.1 environment. Next, the pathways of neglect and abuse on depression, impulsivity, betting behavior expectations, irrational beliefs, and adolescent betting behaviors were identified with AMOS 21.0 by level of betting behavior accessibility. Results First, for adolescent betting behavior paths by accessibility level, the coefficient differences between the path from impulsivity to betting behavior, the path from betting behavior expectation to betting behavior, and the path from irrational belief to betting behavior were found to be statistically significant. Second, the path that affects betting behavior in the group with high accessibility is the path from neglect to betting behavior through irrational beliefs, the path from neglect to depression, impulsivity, betting behavior expectations, the path to betting behavior through irrational beliefs, and the path from abuse to betting behavior The path to betting behavior through depression, impulsivity, betting behavior expectation, and irrational beliefs and the path from abuse to betting behavior through impulsivity, betting behavior expectation and irrational beliefs are significant. Third, in the group with low accessibility, a significant path leading to betting behavior does not appear. Conclusions This study confirmed the distinct differences in specific pathways on adolescent betting behavior by accessibility level, and confirmed multidimensional pathways by accessibility level by inputting betting behavior expectancy variables, which were not covered in domestic studies, together with major variables of adolescent betting behaviors. This broadened the understanding of youth betting behavior and presented evidence for customized intervention.
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4

Paton, David, and Leighton Vaughan Williams. "Do betting costs explain betting biases?" Applied Economics Letters 5, no. 5 (May 1998): 333–35. http://dx.doi.org/10.1080/758524413.

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5

Lee, Woo-Kyung, Seung-Hyeon Kim, and Chul-Kyu Jung. "The Relationship between Participation Motive in Golf Betting, Betting Disposition, Golf Betting Immersion, and Golf Betting Addiction." Korean Association of Addiction Crime Review 7, no. 4 (December 30, 2017): 101–21. http://dx.doi.org/10.26606/kaac.2017.7.4.101.

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Lee, Woo-Kyung, Seung-Hyeon Kim, and Chul-Kyu Jung. "The Relationship between Participation Motive in Golf Betting, Betting Disposition, Golf Betting Immersion, and Golf Betting Addiction." Korean Association of Addiction Crime Review 7, no. 4 (December 30, 2017): 101–21. http://dx.doi.org/10.26606/kaac.2017.7.4.6.

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7

Yüce, Arif, Sevda Gökce Yüce, Hakan Katırcı, Volkan Aydoğdu, Weisheng Chiu, and Mark D. Griffiths. "The Effect of the COVID-19 Pandemic on Sports Betting Tipsters as Professional Bettors: A Qualitative Interview Study." Sustainability 15, no. 9 (May 8, 2023): 7729. http://dx.doi.org/10.3390/su15097729.

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Although the COVID-19 pandemic impacted individuals who bet on sports, sports betting tipsters (SBTs; i.e., individuals who provide professional tips on the outcome of sporting events) were arguably among the most affected groups. Consequently, the aim of the present study was to explore how SBTs in Turkey were affected by the COVID-19 pandemic, including alternate forms of gambling engagement (e.g., e-sports betting). Semi-structured interviews were conducted with 85 SBTs aged between 20 and 48 years. The data were analyzed using thematic analysis to identify common themes. Based on the qualitative analysis, four themes emerged: (i) the meaning and role of sports betting, (ii) the effects of the pandemic on life and sports betting, (iii) comparing e-sports betting vs. traditional sports betting, and (iv) possible sports betting behavior if the pandemic continues. SBTs reported experiencing psychological distress as a result of the COVID-19 pandemic’s cancellation of sporting events. More specifically, SBTs reported a sense of emptiness because of the lack of sports betting. Furthermore, SBT reported suffering a loss of income and turning to e-sports betting during the pandemic. However, the majority of SBTs did not find betting on e-sports as exciting as traditional betting but reported they would continue to engage in e-sports betting if traditional sports betting was not available. The findings of this study can contribute to a better understanding of the impact of SBTs on individuals and further provide practical implications for policymakers to promote a safe, sustainable, and long-term growth of the sports betting industry in Turkey.
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8

ADAMS, BRIAN R., FRANK W. RUSCO, and W. DAVID WALLS. "PROFESSIONAL BETTORS, ODDS-ARBITRAGE COMPETITION, AND BETTING MARKET EQUILIBRIUM." Singapore Economic Review 47, no. 01 (April 2002): 111–27. http://dx.doi.org/10.1142/s021759080200033x.

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A slew of empirical evidence on horse racetrack betting markets points to betting biases and market inefficiency. More recent empirical work has documented the absence of betting biases in racetrack betting markets characterized by a high volume of betting. This paper offers a competition-based model of betting behavior that is consistent with the pattern of betting biases reported in the literature. We postulate the existence of professional bettors who, being better informed and/or having different objectives than the general betting population, engage in odds arbitrage when doing so is profitable. We evaluate the case of a single odds-arbitraging bettor first in order to establish the fundamental properties of odds arbitrage. We then examine the effects of entry of professional bettors who play a Nash game in odds arbitrage; the results show that professionals' participation causes the final track odds to converge to the level implied by the horses' true win probabilities when there is a high volume of betting.
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9

Demir, Gülcan, and Chiwoza Bandawe. "The Interest in Betting, Smoking, Alcohol, and Drugs in Malawi: Changing Trends between 2012-2022." Malawi Medical Journal 36, no. 1 (March 13, 2024): 30–37. http://dx.doi.org/10.4314/mmj.v36i1.5.

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BackgroundIn recent years, the online gambling market has rapidly developed, and betting has become one of the most popular forms of gambling. The aim of this study was to analyse the interest of the Malawian population in terms related to betting, sports betting, alcohol, cigarettes, and some psychoactive drugs through the relative search volumes of Google Trends. Methods Internet search query data related to betting, sports betting, alcohol, cigarettes, and psychoactive drugs were obtained monthly from Google Trends for the period 2010-2022. Comparisons of interest levels in these topics were conducted in Malawi, and correlation coefficients were calculated.Results In Malawi, relative search volumes for betting and sports betting terms were the highest (average RSVs: 66% and 30%). It was found that from 2019 onwards, the interest in betting and sports-related search topics and keywords increased significantly (p < 0.001). Strong positive correlations were found between betting-related keywords and alcohol and gross domestic product (r = 0.831 and r = 0.901, p < 0.001). A positive correlation was found between betting and psychoactive drug-related terms (minimum r = 0.417, p < 0.01). Conclusions This study concludes that the interest of the Malawian population in betting has increased in recent years, while interest in psychoactive drugs and alcohol remains high. Gross domestic product is highly correlated with society’s interest in betting. It was additionally found that Google Trends can be used as a tool to predict and monitor future risky behaviours, such as gambling disorder.
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10

Paul, Rodney, Andrew P. Weinbach, and Kenneth Small. "The Relationship between Sportsbook Volume, Forecast Accuracy, and Market Efficiency: The NFL and NCAA Football." Journal of Prediction Markets 8, no. 2 (September 12, 2014): 29–42. http://dx.doi.org/10.5750/jpm.v8i2.888.

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Using betting market volume data for the NFL and NCAA Football, we examine the role of betting volume as it relates to bettor biases, forecast accuracy, and volume-based betting market strategies. We find that betting volume has a statistically significant effect on the percentage bet on the favorite, but its impact is different between the two levels of football. Increased betting volume was shown to not have an impact on forecast accuracy in the sports. Simple betting simulations revealed that underdogs win more than implied by efficiency in low-volume NFL games, but other strategies did not reject market efficiency.
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11

González de Prado Salas, Javier. "Extreme Betting." Ratio 32, no. 1 (October 3, 2018): 32–41. http://dx.doi.org/10.1111/rati.12217.

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12

Chen, Yiling, Lance Fortnow, Evdokia Nikolova, and David M. Pennock. "Combinatorial betting." ACM SIGecom Exchanges 7, no. 1 (December 2007): 61–64. http://dx.doi.org/10.1145/1345037.1345053.

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13

Hausch, Donald, Peter Asch, and Richard E. Quandt. "Racetrack Betting." Journal of the American Statistical Association 82, no. 400 (December 1987): 1196. http://dx.doi.org/10.2307/2289429.

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14

Chadha, Sumir, and Richard E. Quandt. "Betting bias and market equilibrium in racetrack betting." Applied Financial Economics 6, no. 3 (June 1996): 287–92. http://dx.doi.org/10.1080/096031096334312.

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15

Ghodsi, Mohammad, Hamid Mahini, Vahab S. Mirrokni, and Morteza Zadimoghaddam. "Permutation Betting Markets: Singleton Betting with Extra Information." Algorithmica 60, no. 4 (December 16, 2009): 853–76. http://dx.doi.org/10.1007/s00453-009-9378-0.

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16

Lopez-Gonzalez, Hibai, Mark D. Griffiths, and Ana Estévez. "In-Play Betting, Sport Broadcasts, and Gambling Severity: A Survey Study of Spanish Sports Bettors on the Risks of Betting on Sport While Watching It." Communication & Sport 8, no. 1 (December 19, 2018): 50–71. http://dx.doi.org/10.1177/2167479518816338.

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Fans watching live sport events, both mediated or in stadia, have witnessed an increase in sports betting products. Most of these products feature in-play betting, that is, the ability to bet on a game once it has started while watching it. In-play betting has raised many concerns among responsible gambling advocates due to its perceived relationship with problem gambling behaviour. This study explored the association between in-play betting and problem gambling. More specifically, the study examined how motives for consuming sport and how involved sports fans were in watching sport affected their gambling. Also, adjacent risk behaviours to in-play betting (such as consuming junk food and alcohol) during live sports betting were examined. Using a survey comprising 659 sports bettors from Spain, the study found that compared to participants not engaging in in-play betting, in-play bettors reported higher (i) problem gambling severity, (ii) sport watching involvement, (iii) consumption of sport to escape from everyday preoccupations, and (iv) consumption of junk food and/or alcohol while watching sport. These findings make the case that in-play betting regulators and providers should be cognizant of the interplay of sport-specific, media-related, and other risks, involved in the act of in-play betting while watching live sport.
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Saastamoinen, Jani, Niko Suhonen, Tuomo Kainulainen, and David Forrest. "Does the Offline Environment Matter in Online Horse Race Betting Engagement?" International Journal of Sport Finance 15, no. 4 (November 2020): 166–76. http://dx.doi.org/10.32731/jsf.2020.a927058.

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Abstract: While the viability of many racing industries depends crucially on the sport attracting online bettors, relatively little is known about the role the local offline environment and fan interest plays in consumers’ online gambling. Using Finland as a data source, this paper investigates how off-track betting opportunities and the level of interest in horses in a local environment are associated with online horse race betting engagement. Whilst previous research has usually relied on self-reported surveys, we use objective data extracted from consumers’ online horse race betting accounts and data sources covering the horse race betting environment, equine statistics, and sociodemographic statistics of Finnish municipalities. Our findings suggest that the off-track betting environment and the level of interest in horses in a municipality appear to be predictors of online horse race betting engagement as measured by betting volume and the number of bettors.
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18

Staněk, Rostislav. "Home bias in sport betting: Evidence from Czech betting market." Judgment and Decision Making 12, no. 2 (March 2017): 168–72. http://dx.doi.org/10.1017/s1930297500005702.

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AbstractIn sport betting, bettors exhibit home bias when they tend to bet on their home team more often. The paper offers a straightforward method of empirical identification of the home bias in the real-world betting market. Using Czech betting data on the league and the national ice-hockey matches, the paper provides support for the existence of the home bias in the Czech betting market.
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19

Muhammad, Abdullahi, Uthaman Abdullahi Abdul-Qadir, Usman Ahmad Karofi, and Umar Dantani. "Sports Betting Has Gone Virtual: A Sociological Analysis of a New Form of Sports Betting Among Youths in Northern Nigeria." Indonesian Journal of Sociology, Education, and Development 4, no. 1 (July 10, 2022): 24–37. http://dx.doi.org/10.52483/ijsed.v4i1.59.

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The paper examined the rise of virtual sports betting among football bettors in Northern Nigeria. The study aims to examine the level of penetration of virtual betting and identify the reasons for the development. The researcher adopted Instant Gratification Model to explain the shift from betting on real-time sports betting to virtual betting in the areas selected for the study. The study has adopted a cross-sectional study design, and data were elicited through mixed methods (qualitative and quantitative). Thirteen interviews were conducted: Six Key Informant Interviews (KII) and seven In-Depth Interviews (IDI) with the sports bettors & operators of sports betting outlets. For the quantitative data, 927 structured questionnaires were administered, while 685 were retrieved from the respondents, indicating a 74% response rate. Qualitative data are presented in a prose style, while quantitative data are presented in a tabular form, of frequency tables and cross-tabulation based on the study's objectives. The study found that most virtual sports bettors were youth and educated. It also found that the availability of virtual sports betting 24 hours, unlike actual sporting events, has been identified as one factor that motivates football bettors or gamblers to shift their attention to virtual betting. Furthermore, it found that there are other virtual sporting events like Dog Race and Basketball that attract the bettors' attention to virtual betting. Additionally, the time to finish a virtual football match of fewer than three minutes is also one of the reasons that sports bettors patronize virtual betting because they do not need to wait for 90 minutes to know their fate as in an accurate football match.
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20

Sheikh, Waqas Ahmed, C. Sakala, R. Paul, and N. Dalal. "Prevalence of Sports Betting Addictive Disorder Among the Medical Students at the University of Zambia in Lusaka, Zambia." Medical Journal of Zambia 46, no. 4 (December 31, 2019): 329–34. http://dx.doi.org/10.55320/mjz.46.4.608.

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Background: Non substance related abuse disorder also known as behavioral addiction does not involve the ingestion of a substance but has similar effects as alcohol and drug addiction. Examples are gambling, sexual addiction, internet addiction, and compulsive shopping. There are different forms of gambling and among them sports betting is the fast growing type of commercial gambling. In Zambia, sports betting has become popular among the students. This studywas conducted to evaluate the impact of sports betting on medical students at Ridgeway Campus of University of Zambia.Objective: To determine the prevalence of sports betting among students at the University of Zambia, Ridgeway campus.Methods: A descriptive cross-sectional study was carried out among 100 undergraduate medical students studying at University of Zambia and staying at Ridgeway Campus. Data was collected using questionnaires which were administered on randomly selected participants. Data entry was done using Microsoft Excel Sheets and data was analyzedusing SPSS. Results: 71% of the participants agreed to have placed a bet (wager) before and 29% had never betted before. 56% of the participants preferred online betting, 2% preferred physical placing of a bet, and 13% used both online and physical betting while 29% of the participants never betted. Conclusion: Sports betting is the fast growing gambling industry. The percentage of respondents who bet at Ridgeway campus was found to be 71% and those who don't bet 29% according to the study. Students continued to engage themselves in betting despite having the knowledge that sports betting is a form of gambling and it is an addictive disorder.
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Sheikh, Waqas Ahmed, C. Sakala, R. Paul, and N. Dalal. "Prevalence of Sports Betting Addictive Disorder Among the Medical Students at the University of Zambia in Lusaka, Zambia." Medical Journal of Zambia 46, no. 4 (March 19, 2020): 329–34. http://dx.doi.org/10.55320/mjz.46.4.242.

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Background: Non substance related abuse disorder also known as behavioral addiction does not involve the ingestion of a substance but has similar effects as alcohol and drug addiction. Examples are gambling, sexual addiction, internet addiction, and compulsive shopping. There are different forms of gambling and among them sports betting is the fast growing type of commercial gambling. In Zambia, sports betting has become popular among the students. This study was conducted to evaluate the impact of sports betting on medical students at Ridgeway Campus of University of Zambia.Objective: To determine the prevalence of sports betting among students at the University of Zambia, Ridgeway campus.Methods: A descriptive cross-sectional study was carried out among 100 undergraduate medical students studying at University of Zambia and staying at Ridgeway Campus. Data was collected using questionnaires which were administered on randomly selected participants. Data entry was done using Microsoft Excel Sheets and data was analyzedusing SPSS. Results: 71% of the participants agreed to have placed a bet (wager) before and 29% had never betted before. 56% of the participants preferred online betting, 2% preferred physical placing of a bet, and 13% used both online and physical betting while 29% of the participants never betted. Conclusion: Sports betting is the fast growing gambling industry. The percentage of respondents who bet at Ridgeway campus was found to be 71% and those who don't bet 29% according to the study. Students continued to engage themselves in betting despite having the knowledge that sports betting is a form of gambling and it is an addictive disorder.
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22

Webber, Don J., Ian Milliner, and Paul White. "A STATISTICAL DEVELOPMENT OF FIXED ODDS BETTING RULES IN SOCCER." Journal of Gambling Business and Economics 3, no. 1 (January 2, 2013): 89–99. http://dx.doi.org/10.5750/jgbe.v3i1.543.

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Two simple but seemingly profitable betting rules for betting on the away win in association football are developed. One rule is consistent with avoiding those games in which there is a clear favourite. The second rule is based directly on modelling bookmaker odds and assessing the residuals under the fitted model. Contrary to previous research the betting rule using the residuals suggests avoiding betting on those games where there are large discrepancies between bookmaker odds and predicted-model odds.
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23

Deschamps, Bruno, and Olivier Gergaud. "EFFICIENCY IN BETTING MARKETS: EVIDENCE FROM ENGLISH FOOTBALL." Journal of Prediction Markets 1, no. 1 (December 13, 2012): 61–73. http://dx.doi.org/10.5750/jpm.v1i1.420.

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We analyze the efficiency of English football betting markets between 2002 and 2006. We find evidence of a positive favourite-longshot bias for both home odds and away odds. Draw odds are instead characterized by a negative longshot bias. We also identify a draw bias in the sense that betting at draw odds yields a higher return than betting at home or away odds. Finally, we investigate betting strategies that exploit the variance of odds between bookmakers.
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Cabot, Anthony, and Keith Miller. "Moving Faster Than the Speed of Regulation: Can State-Authorized Sports Wagering Dodge a Game-Fixing Bullet Without the Help of the Feds?" Journal of Legal Aspects of Sport 30, no. 2 (August 26, 2020): 85–105. http://dx.doi.org/10.18060/24252.

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The Professional and Amateur Sports Protection Act (PASPA), was a 1992 law that, as has been well-documented, effectively restricted sports betting to Nevada. PASPA accomplished this by dictating that states could not "sponsor, operate, advertise, promote, license, or authorize by law or compact," sports wagering. A separate provision forbade private parties from operating state-authorized sportsbooks. In 2018, the Supreme Court invalidated PASPA as a violation of the 10th Amendment to the US Constitution. The Court held that Congress did not have the constitutional authority to tell a state how to legislate and PASPA's provision that states could not authorize sports betting dictated to state legislatures what they were permitted to do and not do. The Court's ruling unleashed an explosion of pent-up energy for sports betting that had been building since PASPA became effective in 1993. Since that decision, several states have authorized sports betting in one of the most rapid expansions of a form of gambling in US history. Even more states are considering legislation that would permit sports betting, and the number of states legalizing and regulating sports betting will inevitably increase in 2020 and beyond. The controversy over sports betting has pivoted from whether states could legally offer sports betting, to whether they should legalize sports wagering, and if so, how they should go about regulating it.
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Lastra, Reynald, Peter Bell, and Christine Bond. "Sports Betting-Motivated Corruption in Australia: An Under-Studied Phenomenon." International Journal of Social Science Research 4, no. 1 (January 4, 2016): 61. http://dx.doi.org/10.5296/ijssr.v4i1.8563.

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With the continual rise of gambling methods there is a need to better understand sports betting-motivated corruption in the Australian context. This literature review highlights seven predominant themes: the Australian gambling culture, betting opportunities available, the threat of sports betting to the integrity of sport, corruption in sport, involvement of transnational organized crime groups in sports corruption, the theoretical perspectives used in sports corruption research, and anti-corruption strategies which are important in the prevention and law enforcement of this criminal behavior. The review identifies significant gaps in existing knowledge surrounding sports betting-motivated corruption, highlighting the need for further research in this area.Keywords: corruption, sports betting, gambling, law enforcement, sports integrity
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Brill, Ryan S., Abraham J. Wyner, and Ian J. Barnett. "Entropy-Based Strategies for Multi-Bracket Pools." Entropy 26, no. 8 (July 23, 2024): 615. http://dx.doi.org/10.3390/e26080615.

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Much work in the parimutuel betting literature has discussed estimating event outcome probabilities or developing optimal wagering strategies, particularly for horse race betting. Some betting pools, however, involve betting not just on a single event, but on a tuple of events. For example, pick six betting in horse racing, March Madness bracket challenges, and predicting a randomly drawn bitstring each involve making a series of individual forecasts. Although traditional optimal wagering strategies work well when the size of the tuple is very small (e.g., betting on the winner of a horse race), they are intractable for more general betting pools in higher dimensions (e.g., March Madness bracket challenges). Hence we pose the multi-brackets problem: supposing we wish to predict a tuple of events and that we know the true probabilities of each potential outcome of each event, what is the best way to tractably generate a set of n predicted tuples? The most general version of this problem is extremely difficult, so we begin with a simpler setting. In particular, we generate n independent predicted tuples according to a distribution having optimal entropy. This entropy-based approach is tractable, scalable, and performs well.
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TURCU, I., G. B. BURCEA, and D. L. DIACONESCU. "THE IMPACT OF THE BETTING INDUSTRY ON SPORTS." Series IX Sciences of Human Kinetics 13(62), no. 2 (December 10, 2020): 251–58. http://dx.doi.org/10.31926/but.shk.2020.13.62.2.32.

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Sports betting is the oldest form of gambling in the world. In the beginning, it was simply a leisure activity. We are currently talking about a multi-billion-euro deal. The sports betting industry has changed more in 15 years than in the last 50 years. In the 1950s, sports betting began to enter the world and almost nothing changed until the beginning of the 21st century. However, with the onset of the new millennium, online betting has changed the landscape dramatically, and is now developing at a fast pace than ever before. The future is always unpredictable, but we will try to imagine it based on current trends in sports betting. The paper "The impact of the betting industry on sports" aims to present a series of aspects regarding the history of sports games, the types of sports games existing today, a brief highlight of the Romanian sports games market and a short presentation of the positive and negative effects on sports.
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Hing, Nerilee, Lisa Lole, Alex M. T. Russell, Matthew Rockloff, Daniel L. King, Matthew Browne, Philip Newall, and Nancy Greer. "Adolescent betting on esports using cash and skins: Links with gaming, monetary gambling, and problematic gambling." PLOS ONE 17, no. 5 (May 5, 2022): e0266571. http://dx.doi.org/10.1371/journal.pone.0266571.

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Adolescents can easily access esports betting sites and place bets using cash or skins. This descriptive cross-sectional study examined the characteristics of adolescent esports bettors and relationships between their esports betting, video gaming activities, monetary gambling participation, and at-risk/problem gambling. Two survey samples of Australians aged 12–17 years were recruited through advertisements (n = 841) and online panel providers (n = 826). In both samples, gender and parents’ living situation did not differ by past-month esports cash and skin betting, but recent esports betting was associated with engaging in esports gaming activities such as playing and watching esports, and in monetary gambling activities. Past-month esports betting using cash and skins was significantly associated with at-risk/problem gambling. After controlling for recent monetary gambling, recent esports skin bettors were over 3 times more likely to meet criteria for at-risk/problem gambling. Esports betting using skins appears to pose risks for young people and is easily accessible through unlicensed operators.
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Elem, Stephen, Simon Ugochukwu, Agatha Orji-Egwu, Jacinta Igwe, and Mmaduabuchi Nwutulor. "Television Advertising Influence and the Gambling Habits of Students in selected Tertiary Institutions in South-East Nigeria." African Journal of Politics and Administrative Studies 17, no. 1 (June 1, 2024): 1001–26. http://dx.doi.org/10.4314/ajpas.v17i1.49.

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Gambling which is commonly called betting in many parts of the world has become common among students in tertiary institutions as a way of making money. With their smart phones and available online platforms as well as the betting houses scattered around cities and some rural areas added to television audio visual advertising, many students are lured to bet. Inns, private places and few public settings provide easy avenues to a game played as a well-established business with managers, operators and players in every nooks and crannies, and promoted by adverts. The purpose of this study was to explore how television advertising influences the students in tertiary institutions to engage in gambling as a means of making money. The study employed qualitative design hinged on observation. The study was anchored on stimulus-response model which focuses on: Attention, Interest, Desire, and Action (AIDA) model. Findings from the study showed that students in tertiary institutions are exposed to TV advertisements of betting; television advertising lure students to place more bets; television advertising of betting influences the betting habits of students. Based on these findings, we recommended that students should avoid exposure to TV betting advertisements to avoid being lured to betting by such adverts; the management of tertiary institutions should include gambling education in the orientation of new students to make them aware of the risks involved in betting; laws against gambling should be introduced in every tertiary institution to punish students caught in the act of betting and discourage potential students gamblers; parents should warn their children against gambling before sending them to tertiary institutions.
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Abdulqadir, Mustapha Mulikat Ladi, Muhammed Shuaib Abolakale, and Akindotuni Opeyemi. "Betting Addiction Predispositions of In-School Adolescents in Nigeria." Canadian Journal of Family and Youth / Le Journal Canadien de Famille et de la Jeunesse 15, no. 1 (January 1, 2023): 51–62. http://dx.doi.org/10.29173/cjfy29897.

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The upsurge of betting and gaming sites on the internet and numerous social networking sites for social activities predisposes adolescents and young adults globally to problem betting including Nigerian secondary school students. In this study, the focus is on the propensities of school-going adolescents becoming addicted as it has become a trend that could have consequences on their mental health and productivity. The study is survey research on a sample of 385 secondary school students and teachers in Owo, Ondo state Nigeria using purposive and simple random sampling techniques. Betting Addiction Tendencies Questionnaire (BATQ)" and a structured interview was used to amass data for the study. The instrument possessed a reliability coefficient of 0.75 after being subjected to the test-retest method. Data were analyzed using percentage, thematic analysis and three-way ANOVA. The study revealed that 40% of the respondents have tendencies for betting addiction. The result further revealed that adolescents with tendencies of betting addiction were characterised with un-serious attitudes and would do anything to get the money to bet. Also, respondents do not differ in their views about betting addiction tendencies based on gender and agebut a significant difference was found based on school type. This study implies that in school, adolescents are susceptible to a betting addiction if unguided. Therefore,Mental Health Counsellors should intensify their effort in providing preventive measures through organizing programmes that could assist in reducing risk factors for betting addiction.
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Aondowase, Saawuan, Uduak Imoh Udoudom, and Christiana Chundung Pam. "Perception and Social Influence of Sports Betting Advertisements on Gambling Behaviour of Youths in Makurdi Metropolis: An Assessment." Asian Journal of Science, Technology, Engineering, and Art 1, no. 1 (October 2, 2023): 135–53. http://dx.doi.org/10.58578/ajstea.v1i1.1867.

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This study assessed the perception of sports betting advertisements and influence on the gambling behaviour of youths in Makurdi metropolis. Survey research method was adopted for the study, while questionnaire was employed as instrument for data collection. A sample size of three hundred and fifty three (353) was statistically drawn using Taro Yamane’s sample determination formula. Data from the study were presented in tables using simple percentages. Findings revealed that youths in Makurdi perceived sports betting advertisements as part of sports which hsas no harmful influence on them thereby justifying their regular participation in sports betting activities. The study further found that sports betting advertisements have significant influence on Makurdi youths by inducing them to bet more on sports as well as make them nurture intentions to consume sports betting products. The ubiquity of sports betting advertisements, the pressure from peers and the proliferation of bet shops have been found to be the cardinal determinants to the surge of sports betting activities among youths in Makurdi metropolis. The study recommended among others that the current regulatory systems for gambling advertising are ineffective. Urgent restrictions are needed across a range of media channels to prevent exposure to promotions that may encourage young people’s interest and involvement in sports gambling; and that, APCON should continually evaluate existing and newly implemented advertising techniques to ensure that promotions of sports betting products or contents are not unduly targeting youths or increasing the risk of gambling among youths.
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Park, Junhwi, SeongRak Choi, Dohyeong Kim, Denise Boots, and Chang Kil Lee. "Role of Technology in Sustainable Gambling: Policy Effects of Electronic Card System and Limit Setting." Mathematical Problems in Engineering 2021 (August 11, 2021): 1–8. http://dx.doi.org/10.1155/2021/1779535.

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With the rapid expansion of the gambling industry in Asian markets over the past decade, South Korea has implemented policies seeking to expand entertainment gambling while simultaneously seeking to reduce possible harms from problem gambling. In 2016, the mandatory electronic players’ card (EPC) system was adopted into specific Korean horse and cycling venues to discourage problem gambling behaviors since it prohibits large bets, while permitting other venues to autonomously operate EPC systems. This study compares preliminary data from mandatory versus autonomous venues to explore how EPC systems impact gambling behaviors, revenues, and policies. Overall, electronic cards were more widely adopted in mandatory venues for horse betting and in autonomous venues for cycling betting. Analyses indicate that larger bets were placed at both horse- and cycle-betting venues with autonomous card registration versus mandatory venues. While the EPC system mitigated problem gambling behaviors in horse betting, this impact was not observed for cycle betting. Such differences indicate that users across different types of sport betting exhibit somewhat distinct characteristics and behaviors in using electronic cards, which could shed light on the sustainable gambling strategy of adopting technology-driven EPC systems in sport betting not only in South Korea but also elsewhere around the world.
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McCannon, Bryan C. "Replacement Referees and NFL Betting Markets." Journal of Gambling Business and Economics 9, no. 2 (October 6, 2015): 14–26. http://dx.doi.org/10.5750/jgbe.v9i2.983.

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Are betting markets efficient? The 2012 labor dispute between the NFL and the referees is used as a quasi-experiment to assess whether the betting markets are able to achieve accurate “prices” in an uncertain environment. More points were scored and underdogs performed relatively better resulting in upsets and closer-than-expected games. Betting markets, though, were unable to anticipate or adjust to this systematic effect even though irregularities in gambling markets were reported before the beginning of the season. Not only were they inefficient, but profitable betting strategies can be identified.
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Lopez-Gonzalez, Hibai, Ana Estévez, and Mark D. Griffiths. "Marketing and Advertising Online Sports Betting: A Problem Gambling Perspective." Journal of Sport and Social Issues 41, no. 3 (April 22, 2017): 256–72. http://dx.doi.org/10.1177/0193723517705545.

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In this article, online sports betting is explored with the objective of critically examining the potential impact on problem gambling of the emerging product features and advertising techniques used to market it. First, the extent of the issue is assessed by reviewing the sports betting prevalence rates and its association with gambling disorders, acknowledging the methodological difficulties of an unambiguous identification of what exactly constitutes sports-related gambling today. Second, the main changes in the marketization of online betting products are outlined, with specific focus on the new situational and structural characteristics that such products present along with the convergence of online betting with other adjacent products. Third, some of the most prevalent advertising master narratives employed by the betting industry are introduced, and the implications for problem gamblers and minors are discussed.
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Orr, Graeme. "Betting on Elections: History, Law and Policy." Federal Law Review 42, no. 2 (June 2014): 309–31. http://dx.doi.org/10.22145/flr.42.2.4.

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Betting on elections has a long history, despite periods in which wagers were unenforceable and even criminalised. In recent years, significant online markets have emerged, driven by the bookmaking industry in those jurisdictions which license betting on politics. These markets treat election wagers as a form of sports betting. This article examines the provenance and regulation of election betting in the common law. It charts this from early case law holding wagers involving electors to be void (as tainting voting decisions) through criminal prohibitions, some of which are still on the statute books (since wagers could disguise electoral bribes) and onto contemporary regimes for licensing electoral bookmaking. Normative arguments about election betting and the law include the liberal harm principle, the precautionary principle and the concept of commodification. The article concludes that friendly wagers should be permitted, to allow partisans to intensify the ritual experience of elections. But bets involving politicians should be outlawed, and the industrialisation of election betting should not be encouraged given the risk of commodifying the values underlying electoral democracy.
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Tak, Minhyeok. "Too big to jail: Match-fixing, institutional failure and the shifting of responsibility." International Review for the Sociology of Sport 53, no. 7 (January 9, 2017): 788–806. http://dx.doi.org/10.1177/1012690216682950.

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Drawing upon new institutionalist lines of thought, this article examines how the institutional design of contemporary sports betting precipitates match-fixing and frames it as individual ethical failure. Given the inherent trade-off between pursuing: (1) managerial efficiency to insulate players from outside influence and (2) ethical legitimacy to render the business of sports betting socially desirable, this study analyses how the conflicting imperatives are reconciled in two contrasting institutional designs for sports betting: (a) South Korean football betting; and (b) motorboat race betting. Employing a qualitative multi-method approach, the analysis reveals that the football-betting regime sacrifices managerial efficiency for social legitimacy, thus engendering match-fixing; however, such an institutional failure is compensated by shifting the responsibility for match-fixing to individual players. Consequently, it is suggested that who is to blame for failure is not something functionally determined; rather, it is determined politically and justified by institutional power that renders individual ethical failure a much greater crime, only because the institution is too big to fail.
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Gathuru, James Muigai. "Participation in Sports Betting and Youth Welfare Nexus." Society & Sustainability 4, no. 2 (December 22, 2022): 33–39. http://dx.doi.org/10.38157/ss.v4i2.516.

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This paper seeks to establish the nexus between sports betting participation and youth welfare in Kenya. The focus of the study is the youth based in the Kajiado North constituency which has the highest youth population within the Nairobi metropolitan statistical area. There are 9 universities around the region. The study sample size is 341. Endogenous switching regression estimation is adopted to determine the association between sports betting participation and youth welfare. From the regression analysis, this study obtains a significant and negative coefficient of -1.4971 relating to sports betting and youth welfare. This suggests that sports betting negatively affects youths' overall welfare in a 1.49 percent greater manner than those who abstain from it. It is important to address the factors that lead the youth to participate in sports betting, particularly control of commercials by making it mandatory that they issue disclaimers that doing so may worsen one's welfare. It is also essential to properly educate young people on financial management in order that they may channel their money toward worthwhile endeavors rather than sports betting.
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Opoku, Angelo Elijah, and Abraham Yeboah. "Sports Betting Among Students of Colleges of Education in the Ashanti Region of Ghana." European Journal of Education and Pedagogy 2, no. 5 (September 30, 2021): 33–41. http://dx.doi.org/10.24018/ejedu.2021.2.5.147.

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Sports betting has recently become prevalent among students in institution of higher learning. Most students spend substantial amount of their time engaging in sports betting. The purpose of the study was to examine sports betting among students at colleges of education in the Ashanti Region of Ghana. The descriptive survey design was used for the study. The target population was students in colleges of education in the Ashanti Region of Ghana. The simple random sampling procedure was employed to select 361 students for the study. Questionnaire was used for data collection. The Cronbach’s coefficient alpha for the questionnaire was 0.73. Frequencies, percentages, means, and standard deviations were used to analyse data to answer three research questions that guided the study. The results showed that students patronised IXBet, EaziBet, EuroBet, SoccerCash [NLA] and Safari. It was found that, to a great extent, students agreed that their involvement in sports betting was low. Students reported that they engaged in sports betting to win cash and for entertainment. It was concluded that sports betting appeared more attractive to students since they offered free bonuses for placing bets. It was recommended that Guidance and Counselling Units on Colleges of Education campuses organise programmes to educate students on the types of sports betting available in the market and what they truly seek to offer clients. The Government and Conference of Principals of Colleges of Education (PRINCOF) should develop socially responsible regulations and statutes on sports betting that have the potential of discouraging students’ involvement in the practice.
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Tak, Minhyeok, Michael P. Sam, and Steven J. Jackson. "The problems and causes of match-fixing: are legal sports betting regimes to blame?" Journal of Criminological Research, Policy and Practice 4, no. 1 (March 12, 2018): 73–87. http://dx.doi.org/10.1108/jcrpp-01-2018-0006.

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Purpose Sport match-fixing has emerged as a complex global problem. The purpose of this paper is twofold. First, it critically reviews how match-fixing is typified as a policy problem. Second, it advances an analysis of the legal framework and regulatory system for sports betting as a causal source for “routinized” match-fixing. Design/methodology/approach This study extracts and synthesises (cross-national) materials from policies, media releases and scholarly works on the subject of match-fixing and sports betting. The analysis is framed by the contrasts between rational choice and sociological institutionalist approaches. Findings Match-fixing is typically attributed to: criminal organisations and illegal sports betting; vulnerable individuals; and failure of governance on the part of sports organisations. Each cause holds assumptions of utility-maximising actors and it is argued that due consideration be given to the fundamental risks inherent in legal sports betting regimes. Research limitations/implications Match-fixing in sport is a recurrent social problem, transcending national boundaries and involving a wide range of actors and, sporting disciplines and levels of competition. Within such an environment, it may matter little how strong the incentive structures and education programmes are, when betting on human beings is both normatively and cognitively advanced as a value and institutionally permitted as a practice. Originality/value This paper argues that legal betting regimes paradoxically contribute to routinised match-fixing because: for betting customers there is no qualitative, ethical difference between legal and illegal operators; and legalisation serves to normalise and legitimate the view of athletes as objects for betting (like cards or dice).
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Frank, Joan. "Betting on Men." Antioch Review 63, no. 4 (2005): 682. http://dx.doi.org/10.2307/4614889.

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S. Ferguson, Thomas, and C. Melolidakis. "Last round betting." Journal of Applied Probability 34, no. 4 (December 1997): 974–87. http://dx.doi.org/10.2307/3215011.

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Two players with differing amounts of money simultaneously choose an amount to bet on an even-money win-or-lose bet. The outcomes of the bets may be dependent and the player who has the larger amount of money after the outcomes are decided is the winner. This game is completely analyzed. In nearly all cases, the value exists and optimal strategies for the two players that give weight to a finite number of bets are explicitly exhibited. In a few situations, the value does not exist.
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Murphy, Jason Burke. "Betting on Life." Monist 93, no. 1 (2010): 135–40. http://dx.doi.org/10.5840/monist20109319.

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Anderson, Eric G. "Betting on favorites." Postgraduate Medicine 101, no. 6 (June 1997): 18–20. http://dx.doi.org/10.3810/pgm.1997.06.219.

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Valeria Shiryayeva. "BETTING ON PORTS." Current Digest of the Russian Press, The 74, no. 027-028 (July 17, 2022): 19. http://dx.doi.org/10.21557/dsp.79538795.

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Welty, Chris, Praveen Paritosh, and Kurt Bollacker. "Betting on Bets." AI Magazine 42, no. 3 (November 20, 2021): 74–76. http://dx.doi.org/10.1609/aimag.v42i3.15108.

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The AI Bookie column documents highlights from AI Bets, an online forum for the creation of adjudicatable predictions about the future of AI. Since the column’s inception 3 years ago, only a few scientific bets have been collected, despite universal approval around the idea of scientific betting. We hope to widen our reach with an additional first batch of seed bets that are of broad interest to the research community including AI bias, fifth sentence prediction, emotion regu-lation, big models, and fake news. For detailed guidelines and to place bets, visit sciencebets.org.
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Quandt, Richard E. "Betting and Equilibrium." Quarterly Journal of Economics 101, no. 1 (February 1986): 201. http://dx.doi.org/10.2307/1884650.

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Fessenden, Marissa. "Betting on Famine." Scientific American 309, no. 2 (July 17, 2013): 96. http://dx.doi.org/10.1038/scientificamerican0813-96b.

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Buik, David. "Financial spread betting." Significance 3, no. 1 (March 2006): 26–27. http://dx.doi.org/10.1111/j.1740-9713.2006.00148.x.

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Zhuchkova, A. V. "Betting to win." Voprosy literatury, no. 3 (June 21, 2019): 80–93. http://dx.doi.org/10.31425/0042-8795-2019-3-78-91.

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Erikson, Susan. "Betting on Pandemic." Medical Anthropology 39, no. 5 (April 20, 2020): 380–81. http://dx.doi.org/10.1080/01459740.2020.1746302.

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