WAGERBIRD® Alpha Academy · SMT 100 First Principles · Part II: Price Formation and the Model
Included with every Alpha Terminal planLesson 04
Closing Line
The closing line is the last price before the game starts. It carries every fact and every wager that arrived after the open, which makes it the market's most accurate price and the reference a model is measured against.
WAGERBIRD® ALPHA ACADEMY
Included with every Alpha Terminal plan.
Read the full Academy with an active seat: Alpha Plus ($99/mo), Alpha Pro ($199/mo), Alpha Max ($349/mo), or Alpha Desk ($2,995/yr). Want to read a sample first? SMT 101 Lesson 01 is open to everyone.
SMT 100 · Part II: Price Formation and the Model (15 lessons)Full course syllabus ↗
- 01Purpose of a ModelRead ↗
- 02Opening LineRead ↗
- 03Line MovementRead ↗
- 04Closing LineRead ↗
- 05Book FeeRead ↗
- 06Best PriceRead ↗
- 07Team StrengthRead ↗
- 08Home VenueRead ↗
- 09Game ConditionsRead ↗
- 10Style MatchupRead ↗
- 11Applying ThemRead ↗
- 12BacktestingRead ↗
- 13Judging a Model Against the CloseRead ↗
- 14Weekly Calibration CheckRead ↗
- 15The Calibration TableRead ↗