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Will Sports Betting Become an Investment Strategy?

30 October 2017

Bloomberg has an article on Susquehanna International Group and its recent establishment of a sports wagering office in Dublin. Sports betting volumes on U.S. sports are not yet significant however, global sports outside the U.S. amount to $57 billion per year. Susquehanna is one of the largest quantitative trading firms globally and has a history of training traders by playing poker. No analysis was provided on correlations with equities or bonds.