You are hereHome › College of Business (COB) › Department of Accounting and Finance › Krieger, Kevin › Does jet lag create a profitable opportunity for NFL bettors? Primary tabsView (active tab) RoMEO Style APAChicagoHarvardIEEEMLATurabian Choose the citation style. Fodor, A., & Krieger, K. (2014). Does jet lag create a profitable opportunity for NFL bettors?. Journal of Gambling, Business and Economics, 8(1). doi:10.5750/jgbe.v8i1.621 Does jet lag create a profitable opportunity for NFL bettors? Details Type Academic Journal Article Title Does jet lag create a profitable opportunity for NFL bettors? Located In Journal of gambling, business and economics ISSN 1751-7990 Volume 8 Issue 1 Date 2014 DOI 10.5750/jgbe.v8i1.621 URL https://doi.org/10.5750/jgbe.v8i1.621 Use/Reproduction Permission granted to the University of West Florida Libraries to digitize and/or display this information for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires the permission of the copyright holder. Abstract Traveling across multiple time zones, especially from east-to-west so that hours are “lost”, has documented negative effects on athletic performance. Nichols (2012) finds mixed evidence that sports betting markets fail to account for these effects. We reconsider, for the 2005-2010 NFL regular seasons, the “jet lag” hypothesis with more direct methods. We find that closing lines of NFL contests are set irrationally such that the jet lag effect is not appreciated. More importantly, we are the first to document that betting against potential jet lag teams proves to be markedly profitable. This profitability is statistically significant, which is a standard very rarely encountered throughout the literature. Consistent with our conjectures, we find these results to be even stronger when only afternoon games are kept in the sample and when division games are omitted from the sample. Subject(s) Sports wageringJet-lag effectGambling market inefficiency PID uwf:22903