Sports betting spreadsheet template

Matched betting spreadsheet Based on my experience building or using a premade betting template for matched betting is crucial. Making notes on a paper about your bonuses is not the most efficient way. If you start using more and more bonuses and bookmakers, you will notice that using at least an excel spreadsheet is a must. How to use a matched betting spreadsheet? The easiest way of tracking matched betting is using a prebuilt excel template that includes every information about: Bookmakers used Date of registering the account Username and password The amounts of deposit, actual balance, moned to withdraw Bonus types and the amount of them Sports used Pending bets Profits realized with that bookmaker Using a worksheet that includes your betting records will optimize your workflow.

In the long run, you can experience that the amount of time searching for data will get very short. A lot of the paid and also free oddsmatcher software are offering built-in spreadsheets that can automatically track your winnings. You can place bets through their services and the spreadsheet or database will record them.

No matter what strategy or workflow you are following, you will need a database of your bets and bonuses. To be honest, using a service like this could help you a lot, but I like to store my data and history in the same worksheet. How to make a simple betting spreadsheet? To build a database and a good betting template, the first thing you need to do is to sort out every data type you will need. In the list above I already mentioned almost all of them you could need for matched betting.

For other kinds of strategies markets, odds and leagues could be necessary too. I have built an excel file that will help you record your bets and all information regarding your matched betting activity. I think using a database that can be found only on your computer is way more secure than uploading it to another site.

A lot of bettors prefer to track their bets at specialized services. Those can offer more tools without investing too much time in logging your bets. I think that experienced bettors or people who know how to use excel should build their own spreadsheets. Below you can see a screenshot of the spreadsheet that is downloadable for free. I think the data given is enough for every matched bettor. The information you need to introduce will help you track your income, bonuses, and bookies connected to your matched betting activity.

As additional information, I would like to mention that you can secure every profit tracker that includes personal data. You can protect the excel file with a password and nobody can access the data to your accounts. If you check other tracking services or excel files created for tracking bets, you will notice that most of them can seem very complicated, hard to understand and to use. Here you can download this spreadsheet for free, by clicking on this button. For a lot of bettors using these matched betting templates can offer motivation.

Some of them will include most of your bets, your stakes, and other types of data. From my experience, these kinds of databases are useful only for beginner bettors. If you are increasing the number of bookmakers you will use simultaneously, the simpler the database, the faster the work will be.

I also have a dedicated article for casino offer matched betting , that can be practised with the help of Profit Accumulator. Team Profit matched betting spreadsheet Another great spreadsheet that can serve you well is the one created by TeamProfit. The more complicated a spreadsheet is, the harder it is to use. TeamProfit has created the spreadsheet template to: Help you track your profits and losses Include your balance at every bookmaker Help calculate your stakes Link to a ton of bookmakers that offer bonuses You can download it here.

Sam Sportssmartbetting I have been a professional sports bettor for almost 8 years. This blog was created to share my experience and knowledge. I started building up my betting capital with matched betting, followed by arbitrage betting and switched to full-time value betting. He realized that there were at least 15 times he lost a bet where his research had pointed him to bet on one team, but his favoritism caused him to bet on the opposite team! Crazy right? Think of all the biases that could be keeping you from making the right decisions.

The ability to follow your money. By this I mean knowing where your money is going, where you are putting the most in, where you are losing the most, and what areas you are profiting the most This is just a snapshot of the benefits of tracking your sports bets. Now, the obvious actions remain which are doubling down on areas where you excel, reassessing your strategy on areas you are losing the most, and avoiding giving into any biases you have when your research points you in one direction!!

What's a GOOD way to track my sports bets? Spreadsheets For those that are looking to dive headfirst into tracking their bets, there are a number of Excel and Google Sheet templates to save you the upfront time of creating one yourself. Some examples include Sportsbook Scout's bet tracking spreadsheet , this one from aussportsbetting.

These templates look pretty scary at first but start by only filling out the basic information as you place each bet, and when you become more accustomed to it, start adding the more complex data. The more information you can track the better because the more insights you'll be able to draw! Another option could be to create your own template. For starters, the major items you'll need are the game date, teams playing, bet type, amount you wagered, odds, and result.

Again, if you need help with these formulas, just check out the manual spreadsheet we created here and copy them over to your own spreadsheet. Overall, the spreadsheet method can be very tedious and time-consuming, especially if you are betting a lot on your phone and need to switch to your computer to access the sheet. Manual Tracking Apps A less tedious method for tracking your sports bets is iPhone or Android bet tracking apps.

There are a number of options out there, many of them allowing you to easily jump from your sportsbook after you place a bet, over to the app to enter in the bet to track it. These are great solutions for when you don't want to deal with the pain of manually typing and entering each bet into a spreadsheet.

Still, when you're placing a large number of bets, and require key insights as to how you are doing as a bettor, it can still be very tedious to manually enter all this info. What's the BEST way to track my sports bets? Chances are you use a budgeting app that automatically tracks your spending. Or maybe a health app that automatically tracks your steps, heart rate, and exercise.

What do these apps have in common?

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