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Reading your edge, CLV and analytics

What the true odds, edge, CLV and optimal stake labels on your bets mean, how to read the dashboard and analytics pages, and how to tell a bad run from a bad process.

6 min readUpdated 13 Sept 2026Written by the Trackbet team

Key takeaways

  • Edge is your price against the true odds right now; CLV is your price against the true odds at closing
  • Positive CLV over hundreds of bets is the strongest evidence you have that your betting is profitable
  • A ^ after a value means it was estimated from nearby lines rather than read from a published one
  • Analytics breaks results down by sport, bookmaker, market, league, odds, day and tipster, with a separate CLV section
  • If CLV stays positive while profit dips, you are running badly, not betting badly

The labels on a bet

A pending bet that is linked to an event shows, in the row itself:

  • True odds — the no-margin price of your selection in the sharpest market, with the current line limit in brackets. It refreshes every 15–120 seconds depending on how close kickoff is, and the dot beside it pulses green while your bet has value and red when it does not
  • Edge — under your odds: how much better or worse your price is than the true odds right now. +4.2% means your odds are 4.2% above the fair price
  • Optimal — under your stake: the stake the Kelly criterion would put on this bet with your current edge, bankroll and the Kelly fraction chosen in Settings. It is capped at the market limit and reads 0 when the edge is negative

After kickoff the live numbers freeze and the bet gets its CLV badge: green when you beat the closing true odds, red when you did not, with the closing limit in brackets. If the closing price for your exact line was not published, the value is estimated from the nearby lines and marked with a ^.

No badge at all means the bet is not linked to an event, or the market had no usable closing price. For what CLV is and why it predicts profit, read the CLV guide.

The dashboard

The dashboard opens on the most recent period that has settled bets — today, this month or all time — and the timeframe switcher lets you pick any range. The top panel shows:

  • Net profit — the bottom line for the period, in the bankroll's currency
  • Yield — profit divided by turnover. 5% yield means you keep 5 of every 100 staked
  • Turnover — the total staked on settled bets
  • Pending — bets in the period that are not settled yet
  • Profit chart — cumulative profit through the period with a break-even line

Below it are the pending bets: games that have started under Awaiting settlement (with live scores and settlement suggestions), and Upcoming bets, soonest first, with their live edge.

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The analytics page

Analytics uses the same timeframe switcher plus a filter sidebar (sport, bookmaker, market, bet type, odds range, tipster, market limit). At the top are six figures: profit, yield, turnover, win rate, average odds and bets settled. Then:

  • Profit chart — cumulative profit as an area, or profit per day or week as bars, green for winning periods and red for losing ones
  • Performance breakdown — one table per dimension: sport, bookmaker, market, league, month, odds range, day of week and tipster. Every row shows bets, win rate, turnover, profit, yield and average odds. Sort by any column
  • Highlights — biggest win, biggest loss, best day and worst day
  • Share — a branded image of the period's figures and chart to download or copy, with an optional username

Win rate is a weak signal on its own — a 35% win rate at odds of 3.20 is very profitable. Read it together with average odds and yield.

The CLV section

The lower part of the analytics page is about the closing line. It only counts bets that have a closing value, and it leaves free bets out.

  • Average CLV — your average edge against the closing true odds. Anything consistently positive means you are beating the market
  • CLV chart — two lines: what your bets should have returned at the closing price (expected) and what they actually returned. When expected runs above actual you are running below expectation; the two converge over time
  • CLV breakdowns — by sport, bookmaker, market, odds range, market limit, time until kickoff and day of week. Time until kickoff is the interesting one: if your CLV is much higher on bets placed a day early than an hour before, you know where your information advantage lives

The rule of thumb: profit tells you what happened; CLV tells you whether it was luck. A losing month with positive CLV is variance and the process is fine. A winning month with negative CLV is the market being kind, and it will not last.

Answering questions with filters

Combine the timeframe, the sidebar filters and the breakdown tables to ask specific questions:

  • "Is my football edge real?" — filter to football, look at average CLV and bets with CLV
  • "Which bookmaker should I use first?" — bookmaker breakdown, sorted by yield, then by CLV
  • "Are my longshots worth it?" — odds range breakdown in both the performance and CLV tables
  • "Is this tipster any good?" — tag their bets with a source, then read the tipster row: CLV matters more than profit over a short sample

If a bankroll is public, the same statistics are shown on its tipster page for your followers.

Frequently asked questions

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