Glossary of Terms

SVM Institutional Resource v1.0

Closing Line Value (CLV)

The gold standard of betting efficiency; measuring your entry price against the final market price before an event begins.

Arbitrage Latency

The time delay between a primary market move and a secondary bookmaker's price adjustment.

Liquidity Fragmentation

When betting volume is split across different jurisdictions, causing price discrepancies for the same asset.

Quantitative Modeling

The use of mathematical models and large datasets to identify statistical advantages in sports markets.


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