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Book Chapter: Modelling Money Bet on Horse Races in Hong Kong

TitleModelling Money Bet on Horse Races in Hong Kong
Authors
KeywordsSports betting
Lotteries
Sports betting -- China -- Hong Kong.
Lotteries -- China -- Hong Kong.
Issue Date2008
PublisherElsevier
Citation
Modelling money bet on horse races in Hong Kong. In Hausch, DB and. Ziemba, WT (Eds.), Handbook of sports and lottery markets, p. 17-24. San Diego: Elsevier, 2008 How to Cite?
AbstractThis chapter examines factors that affect the total money bet on races in Hong Kong and also how that money is distributed between different pools. The conclusion is that quite different processes are at work, but good predictive models are feasible, enabling the detection of the impact of relatively small changes in the betting tax, particularly on how the money is distributed across pools and also enabling us to detect what attracts gamblers to bet more or shift money across pools.
DescriptionSeries: Handbooks in finance
Persistent Identifierhttp://hdl.handle.net/10722/64960
ISSN

 

DC FieldValueLanguage
dc.contributor.authorBacon-Shone, JHen_HK
dc.contributor.authorWoods, Aen_HK
dc.date.accessioned2010-07-13T05:06:28Z-
dc.date.available2010-07-13T05:06:28Z-
dc.date.issued2008en_HK
dc.identifier.citationModelling money bet on horse races in Hong Kong. In Hausch, DB and. Ziemba, WT (Eds.), Handbook of sports and lottery markets, p. 17-24. San Diego: Elsevier, 2008en_HK
dc.identifier.issn9780444507440-
dc.identifier.urihttp://hdl.handle.net/10722/64960-
dc.descriptionSeries: Handbooks in finance-
dc.description.abstractThis chapter examines factors that affect the total money bet on races in Hong Kong and also how that money is distributed between different pools. The conclusion is that quite different processes are at work, but good predictive models are feasible, enabling the detection of the impact of relatively small changes in the betting tax, particularly on how the money is distributed across pools and also enabling us to detect what attracts gamblers to bet more or shift money across pools.-
dc.languageengen_HK
dc.publisherElsevieren_HK
dc.relation.ispartofHandbook of sports and lottery markets-
dc.subjectSports betting-
dc.subjectLotteries-
dc.subjectSports betting -- China -- Hong Kong.-
dc.subjectLotteries -- China -- Hong Kong.-
dc.titleModelling Money Bet on Horse Races in Hong Kongen_HK
dc.typeBook_Chapteren_HK
dc.identifier.emailBacon-Shone, JH: johnbs@hku.hken_HK
dc.identifier.authorityBacon-Shone, JH=rp00056en_HK
dc.identifier.doi10.1016/B978-044450744-0.50005-6-
dc.identifier.hkuros150525en_HK
dc.identifier.spage17-
dc.identifier.epage24-
dc.publisher.placeSan Diego-

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