RE: My Five Year Sports Betting Journey - DAY 167

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My Five Year Sports Betting Journey - DAY 167

in sports •  7 years ago 

CLV = closing line value.

According to Pinnacle (which is the sharpest bookmaker in the world): "The most accurate way we have found, to distinguish winning and losing players is to look at the odds a player received when they made their bet, and compare it with the Pinnacle Sports closing line on the game. If a player consistently beats our closing price, they are likely to be a long-term winner – period. Interestingly, we have found that this test is more reflective of a player’s future winning potential, than their historical win/loss record with the company."

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Thanks for the explanation. I knew CL stood for "closing line" but what the V stood for I didn't know.