What is a Plunge?
When the odds of a team or player decrease dramatically they are said to have Plunged. Plunging is usually a good (or better) sign for a team or player winning in that market (than originally expected) usually due to a lot of money going on that side of the market or new information (such as weather or injuries) becoming known. For example, if the New Jersey Devils' odds opened at -110 ($1.91) and closed at -345 ($1.29), their odds have plunged. To see where teams have plunged (or gone out sharply, that is, drifted) check out our Genius Odds product.