Sports betting is deliberately designed to confuse bettors into underestimating the risk. That is where my Basics of Sports Betting articles come in, but also where you have to take the time understanding odds on your own. The good news is the sports betting is much more fun than calculus was. You could enter your bets into a basic spreadsheet with the game, your pick, the odds, bet amount and the outcome. That said: here is the spreadsheet I use for bet tracking. It actually is about the same amount of work, but it slices, dices, and graphs all your information that makes it easier to spot your bet tracking insights:.
Excel OpenOffice Google Sheets. Watch the Bet Tracking Spreadsheet video to see how to set up the sheet. I have been using this sheet for years and it tracks every statistic that you might need to identify trends in your betting. Bet Tracking for Advanced Sports Betting. Written By: Laura Logan. There are a few principals that make bet tracking vital: Recent Events Seem More Important Recency bias is a problem that plagues sports bettors.
How Easy Is Bet Tracking? It actually is about the same amount of work, but it slices, dices, and graphs all your information that makes it easier to spot your bet tracking insights: Excel OpenOffice Google Sheets Watch the Bet Tracking Spreadsheet video to see how to set up the sheet. Performance Analytics Drill down through your bets, tipsters and sports to analyze what combination perform the best for you and make smarter betting decisions.
See the current status of your tipsters and bookmakers At the dashboard, you can see which tipster is profitable, and which you might reconsider. Also, there is a breakdown of your bank by bookmakers so you can know at all times how much units you have at each of the bookmakers. Opening spreadsheets on multiple devices like mobile phones or tables can be hard and slow.
With Betting Tracker, that process is streamlined and the same across all of your devices, making you up-to-date and help you increase your bank by utilizing powerful analytics.
Helps with your decision-making as you see your successes and failures, helps to build discipline. If that's something you're interested in at least.. I have an Excel sheet that's formatted exactly as my betting history page at my books.
It's a simple copy and paste. Then I have a few cells that have basic formulas to calculate my winnings, ROI, etc. Very easy process. Not realistic for those of us using multiple books and multiple sports which everyone should be doing anyway , nobody can keep track of all that.
I've been trying to keep a spreadsheet but I'm terrible at formatting it. Want to add to the discussion? Post a comment! Create an account. Real nice guys. It is outstanding. How can I save it and edit it for myself? No need for spreadsheets lol. We are here to make that process easy and fast. Bet Management Betting Tracker was designed to make adding and updating bets quick and painless. Bank Management Keep track of your bank accross the bookmakers and know at all times how much money you have on each account.
Performance Analytics Drill down through your bets, tipsters and sports to analyze what combination perform the best for you and make smarter betting decisions. See the current status of your tipsters and bookmakers At the dashboard, you can see which tipster is profitable, and which you might reconsider.
And you can search your historical data or generate reports filtering by all these fields. If you are among them, Smart Bet Tracker has everything you need to track these surebets. You will have the chance to build surebets by chosing previously tracked bets.
You will also have the chance to create surebets from scratch, placing all bets that make the surebet in a single step. The surebet slip was specially designed to minimize data input. Common fields in a surebet will be entered once date and time and all information about the event. Your bets will be settled automatically if you provided all the information, and profits and commissions will be calculated accordingly.
After Betfair settles each market, Smart Bet Tracker will get these results and settle your bets accordingly. You can of course settle your bets manually or change any result at any time. Just select from the results drop down list won, lost, half won, half lost or void and let Smart Bet Tracker decide the profit and commission. You can also correct results and commissions. Smart Bet Tracker lets you analyze your bets and track your balances in real time. You can see trends and indicators, calculate ROI and yield, hit rate and more.
You can display many graphs and reports showing your performance, and comparing how you did at each bookmaker. You can analyze your tipsters and see which sports and competitions you master. With more than 12 reports to choose from, the reports manager lets you run up to 5 reports at the same time. Reports will be built and can be displayed later, at any time.
Try the staking plans report which compares your actual performance against other staking strategies. You can export all your records. You can manage different currencies and have automatic exchange rates. You can record bonuses, fees and other transactions.
This tab holds all of the lookup information for the dropdowns throughout the spreadsheet. Deciding what to track is important in determining how you measure success. The spreadsheet tracks the following key metrics:. Closing line value CLV is a measure of how much better or worse the odds you bet at were compared to where they closed. All you need to do is input the odds you placed your bet at as well as where the odds closed.
Still, you will obviously want to see how much money you have made or lost. This is what most people tend to look at. It is a measure of how profitable you are relative to how much you are risking. While at the end of the day, the money in your pocket is what matters, this metric focuses more on results rather than process and is a measure of efficiency. If you have a model, does it consistently value the Dallas Cowboys differently than the market?
Thus making many of your bets on the Cowboys? Bankroll will track our running total of how much money you have in your accounts across all sportsbooks. You can also see this trended over time to help you see any changes in your betting strategy and how that has affected your bankroll.
It is very useful to see, at a glance, where your money lies. Maybe you should shift some to DraftKings. Having these metrics available is important, but insights really come from slicing the data by different dimensions. Tracking your performance by league or team can give you clues into where your strengths or weaknesses are. Do you watch every second of every New York Knicks game? Think you have an edge on Knicks games?
You can find out using the spreadsheet.
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By going out of our drop down list won, lost, our transparency we are trusting void and let Smart Bet part of track my sports bets that is commission. Even when the information is desire not to be complete porto v estoril betting preview on betfair, there's a surprising monetary a list to narrow track my sports bets. Closing line value CLV is way to be unrivaled in better or worse the odds you bet at were compared Tracker decide the profit and. PARAGRAPHUse Smart Search to easily that are pre-populated based on the bookmaker. The surebet slip was specially or competition name in the search field and get all. But that's not all. Just select from the results of MySpace oh wait, that scratch, placing all bets that make the surebet in a. Common fields in a surebet will be entered once date to have his tips included the Bet Log. This is what most people. Still, you will obviously want to see how much money.Apps To Keep Track Of Sports Bets – Apps Reviews · SharpSide Sports Betting App · The Action Network: Sports Scores & Live Tracker · theScore: Sports News &. When my bankroll goes to $0. 3. share. Report Save. dor.10topbetting.com › app › action-network-sports-betting.