What Is CLV (Closing Line Value) and Why It's the Only Metric That Matters
Closing line value explained in plain language: what it measures, how to calculate it, and why it separates a real edge from a lucky run.
Closing line value compares the price you took with the price the market settled at just before the start. Beat the close often enough and your results follow.
The closing line is the most accurate probability estimate available, because it holds all the money and information bet up to that point.
Over a few hundred bets, average CLV tells you far more about a strategy than the win rate or a short run of profit does.