Hello. I'm contemplating a few honors thesis topics for economics, and one is looking at sports betting (and its parallels to derivatives/options markets). I'd look into fading (similar to technical stock analysis that exploits casual investors' tendancies) and other unbalences that makes lines differ from the "true" lines, contrasting it to markets where asset values are more accurately defined.
To do the analysis for my project, I'd obviously need a great deal of historical data to overcome outside sources of error. I doubt this would be readily available (since sportsbooks don't want players figuring out any flaws in their linesmaking), but if anyone has any ideas of how I could find, say, the opening or closing lines of every game in a specific league, I'd really appreciate it.
In a perfect world, I'd have the opening and closing spreads and money lines and results for every major sporting league over the past 30 years (in a nice table). Obviously I don't expect to be so lucky, but anyone who has any information or ideas would really help.
To do the analysis for my project, I'd obviously need a great deal of historical data to overcome outside sources of error. I doubt this would be readily available (since sportsbooks don't want players figuring out any flaws in their linesmaking), but if anyone has any ideas of how I could find, say, the opening or closing lines of every game in a specific league, I'd really appreciate it.
In a perfect world, I'd have the opening and closing spreads and money lines and results for every major sporting league over the past 30 years (in a nice table). Obviously I don't expect to be so lucky, but anyone who has any information or ideas would really help.