Definition
The final market price right before a game starts, after all betting and information have moved it. It is the sharpest, most efficient number of the day and the benchmark CLV is measured against.
Related terms
- Closing Line Value (CLV) — How much a pick beat the closing line — the final market price before kickoff. Consistently positive CLV is the strongest evidence of real edge, win or lose.
- Line Movement — How a price shifts from the opening line to the close as money comes in. The basis for CLV and steam/RLM signals.