Closing Line Value Strategy
Closing line value (CLV) is a measure of how much better the odds you bet at are compared to the closing line. The closing line is the final line before a game starts, and it is considered to be the most efficient line. This guide will explain what closing line value is, why it is important, and how to achieve it.
What is Closing Line Value?
Closing line value is the difference between the odds you bet at and the closing line. For example, if you bet on a team at -3 and the line closes at -4, you have one point of closing line value. This is a positive CLV, which is what you want to achieve.
Why is Closing Line Value Important?
Closing line value is important because it is a strong indicator of long-term success in sports betting. If you are consistently beating the closing line, it means that you are getting better odds than the market, which will lead to profits in the long run. In fact, many professional sports bettors consider CLV to be the most important metric for measuring success.
How to Achieve Closing Line Value
There are a number of ways to achieve closing line value:
- Bet Early: The earlier you bet, the more likely you are to get a better line than the closing line.
- Line Shopping: Shopping for the best lines at different sportsbooks is a great way to find value and achieve CLV.
- Follow the Sharps: Following the sharp money can help you identify which way the line is likely to move.
Conclusion
Closing line value is a crucial concept for any serious sports bettor. By consistently beating the closing line, you can all but guarantee yourself long-term profits. While it is not easy to achieve, it is well worth the effort.
Key Takeaways
- Closing line value (CLV) is a measure of how much better the odds you bet at are compared to the closing line.
- Closing line value is important because it is a strong indicator of long-term success in sports betting.
- There are a number of ways to achieve closing line value, including betting early, line shopping, and following the sharps.
- By consistently beating the closing line, you can all but guarantee yourself long-term profits.
