A steam move is rapid, coordinated betting that forces a bookmaker to shorten a price fast; a dropping line is one drifting the other way.
A "steam" move is a sudden, sharp shift in a price driven by a wave of money — often respected/sharp bettors hitting the same side across the market at once. The line "steams" in as books cut the odds to rebalance.
A line "dropping" or "drifting" is the opposite: a price lengthening as money stays away or lands on the other side.
Line movement is information. Chasing steam means trying to bet a price before it fully moves; fading it means betting against an over-reaction. Both hinge on getting down before the closing line settles.
KiqIQ frames value against the no-vig closing line, because beating the closing price is the most reliable marker of a genuine edge.
Closing Line Value (CLV)
The difference between the odds you took and the odds the bookmaker closed at — the most reliable indicator of long-term betting skill.
Vigorish (Vig / Juice)
The bookmaker’s built-in margin — the reason the implied probabilities of a market add up to more than 100%.
Value Bet
A bet where the odds offered by the bookmaker are higher than the true probability of the outcome, giving you a positive expected value over the long run.
For informational and educational purposes only. Disclaimer
