Author: Betaminic

Making Profit in Sports Betting is from Finding Value and not Beating the Closing Odds

Recently there has been a lot of talk in betting discussions about Closing Odds Market Efficiency or Closing Line Efficiency Theory. Basically, the theory suggests that the closing odds are the most efficient and have the least value since they are as close to their true probability (minus the bookmaker’s edge) as possible. Therefore only…

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