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Sales Volume, Noise Traders, and Efficiency of the Japanese Racetrack Betting Market

Masahiro Ashiya

The Journal of Gambling Business and Economics2023https://doi.org/10.5750/jgbe.v16i1.2029article
ABDC B
Weight
0.26

What the paper says

This study examines 3,270 races of the Japanese thoroughbred racetrack betting market. It finds that market efficiency improves with the sales volume and deteriorates with the number of horses on a race and an increase in less-informed bettors.

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Cite this paper

https://doi.org/https://doi.org/10.5750/jgbe.v16i1.2029

Or copy a formatted citation

@article{masahiro2023,
  title        = {{Sales Volume, Noise Traders, and Efficiency of the Japanese Racetrack Betting Market}},
  author       = {Masahiro Ashiya},
  journal      = {The Journal of Gambling Business and Economics},
  year         = {2023},
  doi          = {https://doi.org/https://doi.org/10.5750/jgbe.v16i1.2029},
}

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Sales Volume, Noise Traders, and Efficiency of the Japanese Racetrack Betting Market

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Evidence weight

0.26

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.00 × 0.4 = 0.00
M · momentum0.20 × 0.15 = 0.03
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.