Regression of average losses from placing an equal amount on all bets on Asian Handicap bet type dummies: Second Pinnacle sample (standard errors clustered at match level)
| Loss rate | ||
|---|---|---|
| Handicap minus 0.75 | 0.0140*** | (0.0009) |
| Handicap minus 1.25 | 0.0042*** | (0.0010) |
| Handicap minus 1.5 | 0.0152*** | (0.0020) |
| Matches | 24,138 | |
| Observations | 96,552 |
| Loss rate | ||
|---|---|---|
| Handicap minus 0.75 | 0.0140*** | (0.0009) |
| Handicap minus 1.25 | 0.0042*** | (0.0010) |
| Handicap minus 1.5 | 0.0152*** | (0.0020) |
| Matches | 24,138 | |
| Observations | 96,552 |
Note(s): Standard errors in parentheses are clustered at the match level
∗ p < 0.05, ∗∗ p < 0.01, ∗∗∗ p < 0.001
Specification also includes year and league dummies
Base bet is on the minus 1 handicap in the Albanian Superliga 2016
Source(s): Table created by authors