My book Fine Margins: How Economics Explains Sports Betting is now available for purchase.
There are two editions, a US edition and an International edition. The International edition has more material on betting markets for soccer. The US edition focuses more on the American sports betting industry, includes a chapter on tax issues and discusses prediction markets.
The US edition can be bought on Amazon here. More listings to come.
The International edition can be bought on Amazon here and from other international Amazon sites.
In the UK you can buy it from Blackwell’s here.
In Australia, you can buy it from Booktopia here.
More listings also to come for this edition.
The book draws on my published research, together with lots of new original work based on millions of odds quotes offered by sportsbooks (or bookmakers depending on where you come from). You can find the published research here.
But the book is not written for researchers. It is for anyone who wants to understand how the modern sports betting industry really works. Its central argument is that economics provides the ideal toolkit for understanding sportsbooks, betting markets and prediction markets.
The book grew out of a course on the economics of sports betting that I have taught at University College Dublin in recent years. I have made the lecture notes for that course available here.
Unlike the course, however, the book does not require you to do any mathematics or solve calculus problems. And there is no test.
I will continue to post content from the book and new material on sports betting and prediction markets. If you want to get my posts as emails, you can subscribe to my Substack here.