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Home›Category: "gambling" (Page 2)

gambling

  • The NFL and Gambling

    gambling, stadium subsidies, The Stadium Game
    June 15, 2009
    by Skip Sauer
    In the WSJ here. The article suggests that the NFL's stance in opposition to gambling is hypocritical and motivated by its appetite for public subsidy. John Vrooman of Vanderbilt states ...
    Read More
  • Weekend Wrapup

    finance, gambling, Las Vegas, NFL
    November 17, 2008
    by Brad Humphreys
    Quite a weekend in sports economics... Pittsburgh, San Diego, and Vegas There was an interesting finish in the game between the Chargers and the Steelers. On the last play of ...
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  • The Production Value of Brett Favre

    gambling, marginal revenue product, NFL
    August 14, 2008
    by Skip Sauer
    Former students Andy Weinbach (now teaching at Coastal Carolina) and Mark Wilson (St. Bonaventure) were discussing this with me. Their assessment, derived from market prices: pretty small. Here's their take: ...
    Read More
  • Pete Rose's Bets: How Smart?

    gambling, MLB
    April 12, 2008
    by Skip Sauer
    Most readers will recall that Pete Rose has been banned from baseball for betting on the game. Rutgers Professor Douglas Coate does the sums on the bets listed in the ...
    Read More
  • Anomalies: Super Bowl Coin Toss Betting

    gambling, NFL
    February 4, 2008
    by Brad Humphreys
    In terms of betting, the Super Bowl is one of the most popular events in the world. Sports books, as well as trading markets like TradeSports that operate like betting ...
    Read More
  • Paying Them What They Are Worth Improves the Integrity of Games

    gambling, monopsony, point shaving
    March 24, 2007
    by Phil Miller
    Stef Szymanski argues below that monopsonistic exploitation via international competition is a primary driving force behind the fixing of international matches. We don't hear much about players throwing games/shaving points ...
    Read More
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Instagram post 2166176670377345169_8622411730 Governor Gavin Newsom's #FairPaytoPlay Act is a positive step forward to level the playing field for the student athletes who compete under the #NCAA. 
Unfortunately it comes too late as the NCAA now must compete with professional leagues overseas. For instance, high profile basketball prospects like Brandon Jennings, #EmmanuelMudiay, and most recently #LameloBall are opting to play professionally overseas rather than under the NCAA. 
Ball's first game was the most-watched game in Australia's #NBL league history and you can bet he'll benefit from endorsements before he completes his first season. 
The potential consequences in lost revenue for universities is substantial as more of the top prospects are already playing elsewhere. How will the NCAA continue to earn more than one billion dollars in revenue each year when the most exciting athletes already have other options. 
How will this affect each school's athletic programs when each university will need to make difficult budget cuts? If other states can find a way to pass something similar to the Fair Pay to Play Act there is still a chance for the NCAA to attract the top talent and keep a level playing field for all student athletes who compete under the NCAA.
Instagram post 1885825720817340358_8622411730 "On the bright morning of Tuesday, October 2, @miamidolphins paid a visit to Alex’s Place.  It was a wonderful gesture by the Dolphins’ players, cheerleaders and T.D., who were present at the occasion. They were all smiles as they met with children who fight cancer every day with an unmatched bravery on par with suiting up for an NFL game on Monday night." - Aspiring Gentleman  #childcancerawareness #communityservice
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The Sports Economist is produced by a group of scholars who apply economic thinking to sports. TSE has provided commentary and links to issues in the sports world since 2004.

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