Closing Line Value (CLV) in Sports Betting | Why You are Losing Money!

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In this beginner sports betting tutorial, Matt discusses a key concept in sports betting, Closing Line Value, or CLV. What is closing line value? What is positive CLV, or positive closing line value? What does it mean to beat the closing line value and why is it important? Matt will answer all these questions in this beginner sports betting video.

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Matt defines in detail what the closing line is in regards to sports betting. The closing line is what the odds, or spread, or total, is when the game starts. Understanding closing line value is an extremely important concept to understand, if you want to be a profitable to sports

The Closing Line is what the line is at the time a game starts. Positive CLV means you placed a bet that has more favorable odds than the closing line. Matt goes over how to use OddsJam to place Positive Expected Value bets. Placing positive expected value bets are the easiest ways to consistently generate positive CLV.

To be a profitable sports bettor, you must beat the closing line, or generate a positive CLV over 50% of the time. Matt is a profitable sports bettor because he beats the closing line more than 50% of the time.

Beating the closing line is a must, if you want to become a profitable sports bettor.