RLM is generally defined as 60%+ of all bets on one side and the line moving one point or more in the other direction.
Some people swear by RLM and use it as their sole method of capping.
Others say it can be used profitably, but only in selective situations where other factors are present (my position as well).
I have read articles that say blindly tailing RLM will not get you the magic 52.5% to be profitable and other articles saying RLM hits at a whopping 59% (I still don't believe this as the article's source was sketchy).
Tonight we had USC move from -21.5 at the Pinny open to 20 right at close despite 80% on USC. I would say this poses a nice test of RLM.
Some people swear by RLM and use it as their sole method of capping.
Others say it can be used profitably, but only in selective situations where other factors are present (my position as well).
I have read articles that say blindly tailing RLM will not get you the magic 52.5% to be profitable and other articles saying RLM hits at a whopping 59% (I still don't believe this as the article's source was sketchy).
Tonight we had USC move from -21.5 at the Pinny open to 20 right at close despite 80% on USC. I would say this poses a nice test of RLM.