Closing Line Value (CLV)
Closing line value measures whether the odds you bet at were better than the final odds available before the event started. Consistently achieving positive CLV is the strongest indicator of long-term betting profitability.
Why CLV Matters
The closing line is the most efficient price — it reflects all available information including sharp money. If you consistently beat it, you're betting with better information than the market. This predictive power is more reliable than short-term win/loss records.
How to Calculate CLV
CLV% = (Your odds / Closing odds − 1) × 100
Example: You bet at 2.10, closing price was 1.95. CLV = (2.10/1.95 − 1) × 100 = +7.7%
CLV and Value Betting
EVBets focuses on finding bets before odds move to closing price. The faster you act on value identified by sharp books, the higher your average CLV. EVBets updates odds hourly to surface these opportunities.
Frequently Asked Questions
Is positive CLV more important than profitability?
In the short term, yes. Over small samples, luck dominates results. Positive CLV proves your edge is real, not luck-based.
How do I track CLV?
EVBets Tracked Results automatically records your bets and shows CLV vs. closing price for every tracked bet.
Track your CLV with EVBets Tracked Results.
View Tracked Results →