What is the "market correction" in betting odds?

A field experiment with racetrack betting.” Journal of Political Economy 106 (3): 457–482. Chan, Wesley S. 2003. “Stock price reaction to news and no-news: ... Aug 21, 2024 ... Line chart showing the latest betting odds for a candidate to win the U.S. Presidential Election ... How might the Fed react and what does the ... Jan 16, 2025 ... ... are considered employee compensation and are reported on lines 5 through 7. ... does report) at least the following information. The name and ... Sep 30, 2023 ... ... news. For a 30% odds bet, the mean CEs conditional on compound and ambiguous neutral news are statistically indistinguishable from that. Our pathological conclusions do not require that people have particularly good information about their accident probabilities. They will occur under a wide ... ... information systems that can sustain and strengthen democratic processes. ... mean that political news often appears next to sensationalist content. With ... We chose this market since there are many bookmakers providing odds over several years, and this data is readily available, meaning any findings should not be ... For example, entropy is the minimum descriptive complexity of a random variable, and mutual information is the communication rate in the presence of noise. Knowing that information exists does not, of course, generally mean knowing ... The bet would pay between $0 and $25 if they won, and there was no cost ... Feb 19, 2025 ... That means that new information will justify a revision in prior ... The payoffs are even money, which means if you bet $1 and win you ...