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Closing line

61 bytes added, 23:19, 10 January 2020
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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 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 the early action placed by wagers of knowledgeable sports bettors who have identified a betting advantage. Line movement leads [[Opening line]]s are adjusted and move towards the market's expected value. As a result the longer a betting market closer to is open the higher it's expected value resulting in relatively efficient oddsefficiency. This yields closing lines that which do not have betting advantage edge on either side. It is recommended that Sports bettors wager on [[are advised to bet into opening line]]s lines in order to generate profithave the largest potential betting advantage.
Bettors who can consistently beat the closing line often find long term success.