Beating the "closing line" clarification

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  • vik
    SBR Rookie
    • 11-14-12
    • 11

    #1
    Beating the "closing line" clarification
    Is it true that if you beat the closing line, you will make a profit in the long run?

    So say in the NFL, the Raiders opened up as a -7 favorite and the lined closes at -8.5 at kickoff. If you got -7 when the lined closed at -8.5, is that considered beating the closing line?

    What if the Raiders opened up as -7 and closed at -5.5 at kickoff, and you wagered Raiders -5.5, would that be considered beating the closing line as well?

    As long as you got the best # from the time the line opened until the game kick offs, you're good to go in the long run right?
  • tto827
    SBR Hall of Famer
    • 10-01-12
    • 9078

    #2
    Your first example is beating the closing line, your second one is not, that would be placing a bet at the closing line. While getting the best number that is ever available is the best you can do, only the first example would lead to a likely profit.
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    • allin1
      SBR MVP
      • 11-07-11
      • 4555

      #3
      taking raiders -5.5 @ +106 when it closes at -110 is also beating the closing line

      for every 2 cents you get approximately a 1% edge



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      • tto827
        SBR Hall of Famer
        • 10-01-12
        • 9078

        #4
        Originally posted by allin1
        taking raiders -5.5 @ +106 when it closes at -110 is also beating the closing line

        for every 2 cents you get approximately a 1% edge



        http://www.youtube.com/watch?v=gH-aC...feature=relmfu
        OP watch these vids, very helpful, I wanted to link you too them but could not find them
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