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Created page with "In sports betting the '''closing line''' refers to the final odds available at the time the betting market for a given event closes. These are often the last lines being o..."
In sports betting the '''closing line''' refers to the final odds available at the time the [[betting market]] for a given event closes. These are often the last lines being offered by a [[sportsbook]] before the match begins.
Experienced sports bettors consider the closing line to be when the market is at it's highest expected efficiency. [[Oddsmaker]]s shape their lines using early action placed by knowledgeable sports bettors who have identified a betting advantage. Line movement leads the betting market closer to it's expected value resulting in relatively efficient odds. This yields closing lines that do not have betting advantage on either side. It is recommended that bettors wager on [[opening line]]s in order to generate profit.
Bettors who can consistently beat the closing line often find long term success.
Experienced sports bettors consider the closing line to be when the market is at it's highest expected efficiency. [[Oddsmaker]]s shape their lines using early action placed by knowledgeable sports bettors who have identified a betting advantage. Line movement leads the betting market closer to it's expected value resulting in relatively efficient odds. This yields closing lines that do not have betting advantage on either side. It is recommended that bettors wager on [[opening line]]s in order to generate profit.
Bettors who can consistently beat the closing line often find long term success.