出版社：Richards College of Business, University of West Georgia
摘要：The top college football coaches are paid millions of dollars annually because they haveproven that they can win games and championships. This paper examines if wagering on thehighest paid college football coaches is a good bet. Specifically, we examine the profitability ofwagering on the teams being coached by the fifteen highest paid college football coaches overthe past ten years. The results show that betting on teams coached by these individuals wouldhave resulted in a 53.95% winning percentage. We reject the hypothesis that this is a fair bet.These results are driven by four superstar coaches who beat the wagering line a highpercentage of the time. The sport wagering market efficiently priced wagers on 11 of the 15coaches over the ten-year period. We find that the efficiency in the sport wagering marketimproved after five years. The rationale is that after five years the markets have moreinformation about these coaches and adjust the new lines so they will be fair bets. We alsoexamine the total points scored wager and no profitable beating strategy is identified in thismarket.
