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Analysing Betting Markets to Detect Potential Cases of Manipulation

In: The Palgrave Handbook on the Economics of Manipulation in Sport

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  • Ian McHale

    (University of Liverpool Management School)

Abstract

Over the last decade, the fight against match-fixing has seen many sports governing bodies look to companies that specialise in monitoring betting markets for evidence of manipulation. Early incarnations of such monitoring systems sought to identify unexpected odds movements, but the detection methods have begun to scrutinise activity at the level of individual customer accounts. In this chapter, we discuss the theoretical mechanism upon which these detection systems rely, consider these latest developments in monitoring betting markets for suspicious activity, and close with some real examples where events have been detected as having been manipulated.

Suggested Citation

  • Ian McHale, 2024. "Analysing Betting Markets to Detect Potential Cases of Manipulation," Springer Books, in: Markus Breuer & David Forrest (ed.), The Palgrave Handbook on the Economics of Manipulation in Sport, edition 0, chapter 0, pages 179-189, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-63581-6_9
    DOI: 10.1007/978-3-031-63581-6_9
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