Market Imperfections DO exist: on betting platforms too
“Prices are set through supply and demand. Since humans are irrational, for some reasons such as overoptimism, misprizing leads to differences between fundamental and equilibrium prices”
Some academics believe in the Efficient Market Hypothesis: prices reflect all (available) information. Others don’t and believe that talent and hard work can help generate abnormal returns. If you’re one of them too, join this project!
By discovering why published odds may not reflect all public information, a POSITIVE ALPHA can be generated.