Top experts provide an outstanding collection of major academic findings on racetrack betting markets. Coverage includes psychological studies, utility preferences, economic and mathematical analysis, and examines betting strategies from win-place-show to exotics such as quinella and exacta.
* Explores the academic and theoretical aspects of horse-racing and racetrack betting markets.
* Offers economic, financial, and psychological studies on gambling
* Includes mathematical and statistical models for probability estimations and wagering systems.
* Features an international analysis of risk behaviour and market efficiency on racetrack markets.