This investigation tests the Efficient Market Hypothesis (EMH) in the National Football League (NFL) wagering market from 2002 to 2009. The current study examines simple betting strategies tested previously in the NFL and other sports leagues as well as whether there is a bias in games after a...

Much of the past empirical analysis of the Uncertainty of Outcome Hypothesis (UOH) has gauged the responsiveness of attendance to uncertainty in either the Major League Baseball or European football regular season. This study diverges from those studies by examining broadcast ratings for...