The Relationship between Two Indicators of Insider Trading in British Racetrack Betting

Bibliographic Data

ID9724609
AuthorsMichael Cain (0009-0003-8678-3084, University of Salford), David Law (0000-0003-0560-229X), David R Law (0000-0002-9402-186X, Swansea University), Dominic Peel (0000-0001-5281-2041, University of Wales Institute Cardiff), David Peel
Year2001
Volume68
Issue269
Pages97-104
Publication date2001-02-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEconomica (JOURNAL)
Journal identifiersISSN: 0013-0427 • E-ISSN: 1468-0335
PublisherWiley (PUBLISHER • GB)
DOI10.1111/1468-0335.00235
OpenAlexW2032383668
LanguageEN
Citations received1
References cited7

This paper examines whether a measure of insider trading in betting markets derived from the Shin (1993) model is significantly related in samples of horse and greyhound races to an alternative, independently derived, indicator of insider activity suggested by Crafts (1985), namely plunges in the odds offered against a particular competitor on the day of a race. The analysis suggests that there is a significant relationship

Actuarial science · Business · Econometrics · Economics · Financial economics · Horse racing · Insider · Insider trading · Logistic regression · Odds · Political science · Race (biology) · Sociology · Statistics · Finance · Gambling Behavior and Treatments · Law · Mathematics · Sports Analytics and Performance

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