You are hereHome › College of Business (COB) › Department of Management & MIS › Davis, Justin › Exploiting week 2 bias in the NFL betting markets Style APAChicagoHarvardIEEEMLATurabian Choose the citation style. Davis, J., McElfresh, L., Krieger, K., & Fodor, A. (2015). Exploiting week 2 bias in the NFL betting markets. Journal of Prediction Markets, 9(1). Exploiting week 2 bias in the NFL betting markets Details Title Exploiting week 2 bias in the NFL betting markets Contributor(s) Davis, Justin (author)McElfresh, Luke (author)Krieger, Kevin (author)Fodor, Andy (author) Located In Journal of prediction markets ISSN 1750-6751 Date 2015 Notes JEL Classification: D82, G12, L8, D81 Abstract Past research has provided evidence of hindsight bias in the NFL wagering market. Too much emphasis is placed on a team's performance in the previous season when placing bets on NFL games during the first week (Week 1) of the season. Building on this contribution, our study extends the examination of hindsight bias in NFL gaming markets by focusing on how bettors consider the information provided by Week 1 performance when betting in Week 2. Our findings suggest multiple market inefficiencies in the NFL gambling market in Week 2, providing the opportunity for profitable betting strategies. Subject(s) sports gamingbehavioral financeholdover bias