Buying and selling stocks – with real or play money – is a way to harness the wisdom of the crowd about questions like who is going to win a competition.
Is it time to rethink whipping in horse races?
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Does whipping hurt horses and why do jockeys do it? Research shows the industry’s view that whipping is important for safety and performance is misguided.
A plethora of sport betting operators will now enter the Canadian market and contribute to the economy through consumer betting and marketing partnerships. But what are the risks?
Punters are more cautious than the polls, suggesting this election might be closer than the media is reporting.
Normalising betting through popular apps mean people who wouldn’t traditionally bet, such as females on a night out with male friends, are now getting involved.
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There have been ‘Jeopardy!’ greats who can easily answer all the questions, who have mastered the buzzer and who bet big on the Daily Doubles. But Holzhauer possesses an unprecedented level of daring.
The odds of more legal betting are good.
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When you engage in recreational gambling, you’re not simply playing against the odds – you’re battling an enemy trained in the art of deceit and subterfuge who uses human nature against you.
The 2018 World Cup inspires new gamblers.
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Online gambling collects a huge amount of data. But instead of personalising offers to keep you hooked, real-time data can be used to prevent problematic gambling behaviour.
The U.K., where sports gambling is legal, provides a good source of data for the likely impact in the U.S.
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Many states are pondering making gambling on sports legal after the US Supreme Court overturned a federal ban. But is the industry really worth as much as some say it is?
A screen shows a baseball game next to various betting lines at the Westgate Superbook in Las Vegas, Nevada.
John Locher/AP Photo
Professor of Economics and Finance. Director of the Betting Research Unit and the Political Forecasting Unit at Nottingham Business School, Nottingham Trent University