Welcome to my Sports Betting page. Here you’ll find my writing on the economics of sports betting, including blog posts, course materials, useful calculators and code and updates on my forthcoming book.
In recent years, I have published a series of academic papers on the economics of sports betting and prediction markets. You can find them here.
Later this year, I will publish Fine Margins: How Economics Explains Sports Betting. You will be able to find links to how to buy it on this page.
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). But it 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.