Betting Tracker App
Once you have mastered the art of bankroll management it is time to start tracking each bet you make. In the world of sports betting, numbers are king. And tracking your bets properly makes you gambling royalty.
In short, bet tracking is the practice of tabulating your betting history. Serious bettors will tally every “who”, every “when”, and every “how much” for all of their wagers. This allows them to look over their betting history, learn from any potential mistakes, and keep a careful account of their finances.
Average gamblers “track” their bets by looking at their bottom lines. For those of us who don’t want to be average, that’s not enough. Sports gamblers, novice, and veteran alike are guaranteed to improve their game with this simple hack.
How To Start Bet Tracking
- The FansUnite Bet Tracker analyzes your betting patterns, history and identifies your strengths and weaknesses, displayed in an easy graphical format. Everything you need to make better decisions.
- Tracking your bets and keeping up with the latest live odds is easier today with the launch of the free OddsShark.com Bet Tracker app. Available in the Apple Store and in Google’s Play Store and configured to look and work great on Android and iOS devices, the app features the same great odds presentation as the website but adds the cool Bet Tracker.
Register your bet. Bet tracking is a great way for you to manage your betting portfolio, but it isn’t the easiest thing to do on your own. It can be quite complicated if you are not aware of how it works and that is why we have created a platform where it is simple for you to track.
The easiest way to begin tracking your betting is to download an existing Excel spreadsheet. This takes out much of the legwork needed to create your own tabs and internal calculations. Once you have your spreadsheet up and running, you can quickly navigate between tabs and begin plugging in your information.
Settings
The first sheet (in the spreadsheet linked above) helps you establish some basic information, like where you bet and what sports you bet on. It is important to fill this part out because your answers will populate dropdown windows in the rest of the spreadsheet.
This tab also allows you to determine your odds type (American, for most of us) and what your unit bet size will be (e.g. $20).
Deposits And Withdrawals
The next sheet provides you an easy way to track how much money you have put into and taken out of your betting accounts. If you put, say, $200 into your DraftKings and FanDuel accounts, you would put that info there.
This sheet also lets you track any bonus offers or free bets you may have received. This can be extremely helpful as it will enable you to keep track of the number of times you have rolled over your bonus offers. That way, you know when you can finally withdraw those funds.
Bets
The real action takes place on the Bets sheet. First, plug in the background information – the bookmaker, sport, time, type, and selection for each bet you place. Next, plug in how much you staked (probably one “unit bet”), the odds you received (e.g. +120 or -110), and the outcome.
The final section on the Bets sheet cranks the numbers out. It displays what you risked, what your payout was, and what your profit or loss from each of your bets was. Besides tracking your finances, these columns will also help you to be mindful of how much you stand to lose and gain before you place any bets with your sportsbook.
Available Funds
This sheet simply lists your net winnings and tells you how much you can withdraw at any given time. However, if you utilized a bonus offer it will be important to remember how many times you need to bet it through to withdraw (hence the deposits sheet).
Performance Summary
When it comes to improving your abilities as a gambler, the Performance Summary sheet is your greatest asset. This sheet breaks down your gambling history across different betting categories and gives you the chance to see where you’ve been falling short and where you’ve been most successful.
The insight needed to improve your game comes from studying your past performance. This sheet gives you the vital stats to do just that. It quantifies your performance across sport and bet types, giving you a clear way to assess your winning percentage and net profit in each domain.
Once you have bet for a long enough time to accurately evaluate your strengths and weaknesses, you can decide when and how to tweak your strategy. Maybe you win most of the time when betting on MLB but lose on the NFL. Maybe you outperform betting the moneyline rather than betting the over/under. Now you can use this info to tweak your strategy as needed.
Performance Graph
The last sheet provides you with a graph to see how your betting performance has oscillated since you began. Visual aids like this showcase your trajectory as a gambler. It also serves as a potent reminder that we all go through ups and downs in our betting – so no need to get emotional.
Why You Should Start Now
If you’re serious about improving your game, the effort required to track your betting is well worth it. It helps you break bad habits and cement good ones. It helps you keep a careful eye on your finances. And, yes, it will probably help to make you a better gambler in the long run.
Dive in to detailed betting and team stats from all sports
Betting Tracker App Free
We make finding the best odds Quick & Easy
Be on top of your games with real time scores and plays
Golf Betting App
Keep a detailed gambling record with our Bet Card
We bring you the latest up to date Injuries and news
About UsWe do theMagic Betting Bet Tracker App
Hard work for you!At OddsTrader, we do all the hard work providing the best odds for every game from safe, reputable, legal sportsbooks. Find not just odds and stats, but in-depth information, live updates, weather reports, injuries, ATS, matchup info and more, to help you bring your betting skills to new heights.
OddsTrader is a free service dedicated to helping sports fans beat the books, so sign up for an account today
Top Sports Betting Apps
All HandicappingTools in one place- An odds comparison tool that allows you to quickly find the best value.
- Detailed game and team stats, including head-to-heads, ATS, totals,
and much more. - Player stats, roster information, injury reports, live scores and play-by-play
update. - A Bet Tracker that allows you to stay on top of your betting performance.
- Video tutorials to enhance your understanding of handicapping.