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Widespread Corruption in Sports Gambling: Fact or Fiction?
Author(s) -
Borghesi Richard
Publication year - 2008
Publication title -
southern economic journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.762
H-Index - 58
eISSN - 2325-8012
pISSN - 0038-4038
DOI - 10.1002/j.2325-8012.2008.tb00881.x
Subject(s) - basketball , language change , horse racing , advertising , point (geometry) , association (psychology) , psychology , political science , business , history , art , literature , law , archaeology , psychotherapist , entertainment , geometry , mathematics
We examine whether point‐shaving is widespread in National Collegiate Athletic Association basketball by comparing bet and game outcomes with those in professional sports. Results suggest that unusual patterns previously suspected to be indicators of point‐shaving are ubiquitous throughout sports and unlikely to be caused by corruption. We suggest that line shading by sports books may explain the anomalies in game and bet outcome distributions.