"CLV: the number that separates smart bettors from lucky ones"
A month of profit can be pure luck. That's why professionals judge themselves by another number — CLV, closing line value.
In plain words
CLV shows whether your price was better than the price at kick-off. The closing price is the market's most accurate estimate: by then it includes all news, line-ups and big money.
Example: you bought “Arsenal to win” at 50 cents (odds 2.0). By kick-off the price rose to 58 cents (odds 1.72). You beat the market — positive CLV, +8 cents.
Why it matters
- If you consistently beat the closing price, you are very likely profitable in the long run — even if the next ten bets lose.
- If CLV is negative, any profit is most likely luck and won't last.
- CLV is visible immediately, profit only after hundreds of bets.
How to calculate
For prediction markets: CLV = pre-match price − your price (in cents). For odds: your odds / closing odds − 1.
CLV and sharps
In our analysis of signals, sharps had a small but positive pre-match CLV of about +0.3 cents. The copier was already negative: by the time a copy reaches the market, the price has moved. That's why speed matters and why PrognosX shows “what the delay cost” on every signal.
Betting is risky, 18+. Positive CLV improves your long-run odds but guarantees nothing.