Closing Line
The final odds available just before a game begins. The closing line is considered the most accurate reflection of true probability because it incorporates all available information.
Like the final auction price: it represents what every bidder in the room collectively decided the item was worth.
Why it matters
Beating the closing line (CLV) is the gold standard for measuring betting skill. If you consistently get better odds than the close, you're a winning bettor.
How DMP uses this
DMP computes CLV for every graded bet by comparing your entry odds to the closing line. Positive CLV over time is the strongest predictor of profitability.
Common mistake
Judging bet quality by whether it won or lost instead of whether it beat the closing line — results have variance, CLV does not.