I read a interesting article on FT, Why bond traders should watch World Cup . Some of the points that Ralph are making-
1) There will be millions of online betting transactions conducted by football fans. This can be a good laboratory for testing how human market function. It has also been researched that human run market can be very efficient.
2) It is safe to assume that all betters will have all information at same time so there will not be any information asymmetry once match starts. Odds change during a match; the nearer the final whistle, the more predictable the result.
In India online betting is not legal so I can't be the one of the learner from this huge opportunity.
1) There will be millions of online betting transactions conducted by football fans. This can be a good laboratory for testing how human market function. It has also been researched that human run market can be very efficient.
2) It is safe to assume that all betters will have all information at same time so there will not be any information asymmetry once match starts. Odds change during a match; the nearer the final whistle, the more predictable the result.
In India online betting is not legal so I can't be the one of the learner from this huge opportunity.
No comments:
Post a Comment