Sports betting and financial market data show how people misinterpret new information in predictable ways

Let’s say it’s a home game for the Golden State Warriors and Steph Curry shows he’s still got it, sinking back-to-back three-pointers minutes into the first quarter. The fans at Chase Center take notice, and so do the betting markets, where the odds move in the Warriors’ favor.

This article is brought to you by this site.

Reader’s Picks