Int. J. Financial Stud. 2014, 2(2), 179-192; doi:10.3390/ijfs2020179
Article

The Effects of the Clock and Kickoff Rule Changes on Actual and Market-Based Expected Scoring in NCAA Football

Received: 28 February 2014; in revised form: 1 April 2014 / Accepted: 9 April 2014 / Published: 16 April 2014
(This article belongs to the Special Issue Sports Finance)
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract: Clock rule changes were introduced in the 2006 season with the goal of reducing the average duration of the game; these changes were reversed in 2007. In addition, in 2007 the kickoff rule was changed to create more excitement and potentially more scoring. We examine what happened to actual and expected scoring during these National Collegiate Athletic Association (NCAA) football seasons. The clock rule change in 2006 led to lower scoring which was not fully encompassed in the betting market, leading to significant returns to betting the under. Multiple rule changes in 2007 led to volatility in the betting market that subsided by season’s end.
Keywords: rule change; amateur sports; scoring; gambling; betting; market efficiency; prediction markets
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MDPI and ACS Style

Linna, K.; Moore, E.; Paul, R.; Weinbach, A. The Effects of the Clock and Kickoff Rule Changes on Actual and Market-Based Expected Scoring in NCAA Football. Int. J. Financial Stud. 2014, 2, 179-192.

AMA Style

Linna K, Moore E, Paul R, Weinbach A. The Effects of the Clock and Kickoff Rule Changes on Actual and Market-Based Expected Scoring in NCAA Football. International Journal of Financial Studies. 2014; 2(2):179-192.

Chicago/Turabian Style

Linna, Kenneth; Moore, Evan; Paul, Rodney; Weinbach, Andrew. 2014. "The Effects of the Clock and Kickoff Rule Changes on Actual and Market-Based Expected Scoring in NCAA Football." Int. J. Financial Stud. 2, no. 2: 179-192.

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