Get It Done With Us
The sports betting tracker is also available on Google Sheets. While the features are the same as the Excel file, Google Sheets has some notable benefits: Available/online at all times Can enter bets on your phone using the Sheets app. ANALYZE YOUR RECORDS 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. Since sports betting involves a lot of very fine margins, the difference between winning and losing can come down to a single point or even half a point. As a result, a tiny increase in your overall win rate can boost you from losing to making a profit. The same applies for obtaining slightly better odds or practicing better bankroll management. With this comes the need to analyze your.
Betting Tracker was designed to make adding and updating bets quick and painless. Also, it’s easy to search and filter your bets archive which is great if you need to do advanced analysis of your betting activity.
Your activities at a glance
Betting Tracker allows you to get a quick overview of all your activities right from the dashboard. You don’t have to bother with spreadsheets and calculator to get the most important stats.
See the current status of your tipsters and bookmakersAt 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.
Your bets on any deviceBetting Trackr allows you to get a quick overview of all your activities right from the dashboard. You don’t have to bother with spreadsheets and calculator to get the most important stats.
Managing and Tracking Your Bets Doesn’t Have to Be Hard.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.
'Betting Tracker allows me to keep track on performances of my tipsters and to find out who is performing best and which subscriptions I should quit.'
Ever wondered how you are actually doing in sports betting?
Just like tracking your finances can be an eye opening experience (I spent how much at restaurants last month?!), tracking your bets can shed some light on your performance.
Download the free sports bet tracking spreadsheet below to get started (available for both Excel and Google Sheets):
Bet Tracker Spreadsheet: Instant Insights
If you want to measure your performance and see where you are succeeding and failing, you need to track it.
With this free tool, you can see your performance broken down by various dimensions.
Have a great ROI on betting NBA 2nd halves? Getting solid closing line value on NFL point spreads? This spreadsheet allows you to answer questions like this and more.
How to use the spreadsheet
While the spreadsheet is pretty straightforward, I’d like to walk you through how it works.
How to track sports bets
Everything lives in the “Bet Log” tab. This is the only place information is manually entered. Once the data is entered there, all other tabs will automatically populate.
In the “Bet Log” tab, blue columns are required while red columns are optional. The more information you input, the more useful the spreadsheet will be.
Entering things like the closing line, while slightly annoying, will also be the most important to your success.
How to analyze performance
Each tab will have different graphs and tables that show your performance. The beauty of this is that you can filter the data by any dimension you like.
Any yellow cell is an “input” cell that can be changed. All of these are dropdowns that are pre-populated based on the information you enter in the Bet Log.
How to add more leagues and teams
To add new leagues and teams, you will do so in the “REF” tab. This tab holds all of the lookup information for the dropdowns throughout the spreadsheet.
Again, the cells available to modify are in yellow. You can add the following dimensions:
- Leagues (ex: WNBA)
- Teams (ex: Chicago Sky)
- Tags (ex: 2nd half)
Bet Tracker Spreadsheet Metrics
How To Keep Track Of Your Sports Bets
Deciding what to track is important in determining how you measure success. The spreadsheet tracks the following key metrics:
Closing Line Value
Closing line value (CLV) is a measure of how much better or worse the odds you bet at were compared to where they closed.
If you believe the markets you are betting into are efficient (NFL point spreads, MLB moneylines, etc.), then CLV is a great predictor of long term success.
All you need to do is input the odds you placed your bet at as well as where the odds closed. Preferably you use a market making sportsbook like Pinnacle to decide what the “true” closing line was.
Profit is about as simple as it gets. Are you making or losing money?
Work out potential winnings for any type of bet or check winning bets have been settled correctly with our bet calculator. Enter your stake, bet type, odds (fractional or decimal), place terms (if applicable) and then hit the calculate button. For each-way bets select the tick box on the right of the page if. You can calculate the odds of the bet you wish to take and work out how much the bet would return if it was a winner by using our simple bet calculator. Just enter the bet. If we take a look at a random two-way football betting market like Over/Under 2.5 goals, for example, we could see that placing proportionate wagers won’t bring your money back in full. Let’s say both outcomes are with the same probability and there is a 50% chance for each. Fair odds would be 2.00 for both and if you bet. Enter your stake and odds 4 games (equalling 15 bets - 4 singles, 6 doubles, 4 trebles, and 1 quadruple) and calculate your potential winnings. Launch Lucky 15 Calculator Accumulator Calculator. Calculate football bets. Few bettors use fractional odds for betting sports (other than horse racing), because the conversions to understand return are difficult. To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator).
While this is the “bottom line”, surprisingly it isn’t always predictive of long term success. 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.
ROI isn’t as predictive of long term winning as CLV, but is useful to track to see where you stand.
This one is simple, yet will likely give you insights into where you are putting your money.
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? Analyzing your risk by league/team/bet type can give you these types of answers.
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. Is 95% of our bankroll at FanDuel? Maybe you should shift some to DraftKings.
Bet Tracker Spreadsheet Dimensions
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.
Same goes for leagues. Do you follow NFL closely but use strictly numbers for NCAA Basketball? Compare the performance of the two and see what’s working.
Looking at performance by bet type can also shed some light on your process, especially if it is model driven.
Track your performance by the following bet types:
You can also use the “Tag” field to designate special types of bets. For example, if you want to see your performance on moneylines for NBA 2nd halves, you would put “2H” (or something similar) in the Tag field and “moneyline” in the bet type field.
A common way to analyze performance is to look at metrics trended over time.
Look at any of the metric/dimension combinations above trended over any time period you’d like.
Want to see your performance over the last 14 days? Or how about the last 12 weeks? Both are possible here.
Google Sheets Sports Betting Tracker
The sports betting tracker is also available on Google Sheets. While the features are the same as the Excel file, Google Sheets has some notable benefits:
Track Your Sports Bets Yahoo
- Available/online at all times
- Can enter bets on your phone using the Sheets app
- You don’t need to be at a computer to enter your bets
- Google Sheets auto saves any changes
- Allows multiple users to be in the sheet at the same time and make changes