Betting Glossary
Discover our comprehensive betting glossary explaining essential terms and concepts used in sports betting. Our detailed definitions help you understand betting terminology, industry language, and technical concepts enabling confident navigation of sports betting on Wolfbet.
Opening Line
The opening line is the first set of odds released by a bookmaker for a sporting event.
It represents the bookmaker’s initial pricing before public and sharp money enter the market.
How it works
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Odds are published days or weeks before the event
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Early bettors influence how the line moves
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Opening lines are often softer than closing lines
Example
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Opening odds: 2.30
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Heavy betting on one side
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Closing odds: 1.95
Key characteristics
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Important reference point for line movement
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Targeted by sharp bettors looking for early value
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Sets the foundation for the entire betting market
Important note
Beating the opening line is less important than beating the closing line, but early value often disappears quickly.
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