Monitor Your Sports Bets Using the Excel Betting Table

There are different categories of players. Some make bets occasionally, thus warming up interest in watching sports events. Possible financial loss in this case is perceived as a kind of payment for the dose of adrenaline received. Others bet regularly, trying to make a profit. And yet, whatever one may say, most bettors seek to find their own winning path.

Why do you need bets records?

In the search for a profitable strategy, the number of bets is increasing. In addition, in order to get the maximum profit and minimize losses at a distance, it is reasonable to choose a bookmaker with the best offer. When several bookmakers are involved, it is difficult for a player to objectively analyze their results without taking into account their bets.

When previous actions are ordered, it’s easier to analyze the following. Order is the basis of a positive result. Without consideration, errors are not always visible that can be excluded in a subsequent selection. For example, to refuse further on the types of bets or sports disciplines in which your forecasts do not work. Or at least think about why this direction is lame.

The overall picture based on the table of records of your game allows you to determine the forecast area with maximum profit. Analysis using the program of bets records helps optimize the selection of events for bets. Therefore, with a professional approach to business without spreadsheets or bet records programs you can’t do.

Someone may argue that the websites of bookmakers in your account already have a game history, and some bookmakers even have this section equipped with certain functionality. For example, you can configure filters that sort only winning or only losing bets, and also allow you to apply a filter with a specified range of bet amounts or a certain odds size.

However, as a rule, there is no general result in the history of bets on betting websites. There are no other tools for assessing the quality of forecasts. In addition, playing in several bookmakers will make it difficult to account bets records at history in accounts.

Records of sports bets: features

If you have a desire to increase the level of an amateur player, then prepare for many hours to learn your new profession, and be prepared to receive a reward. Bet number. Each penny of the game bank should be taken into account at every step, without excuses “I will do it later.”

Full, extensive, and accurate record keeping is a must for anyone who seeks to improve their professional level. Tracking sports betting: let’s make it clear that there is no magic formula or secret that will suddenly turn an ordinary player into a thunderbolt of bookmakers.

To begin with, we define the principles that we will follow all the time, following the long road of transformation from enthusiastic amateur players to professional players. Without a clear plan and accurate records of all bets made, it is impossible to rise above the level of intuition and luck with a long game. Do you think that we exert excessive zeal for this? Newspapers and magazines with current information should be read regularly, the opinions of other players should also be taken into account, but all the time we must develop our own opinions.

Without this accounting, there is absolutely no way to make an accurate picture of the game campaign, and if we hope for memory, we will not be able to advance beyond the level of an amateur player. The only true and proven way to get an objective and truthful picture is to keep track of your bets. Our life will not be strikingly changed by an unsuccessful attempt to enter the sphere of business in which we have no experience so far. We never risk more than 5 from the game bank under any conditions.

1. Most of us like to think that we are a little better than actually being in any field of activity, including sports betting.
• New predictions for soccer, tennis, hockey, basketball, etc. are created every hour.
2. Most sports enthusiasts will be able to choose the winning team in any competition, but the belief that this is enough to ensure a steady profit is a reliable way to achieve a disaster.

This will not happen if we follow the principles that we outline, but let’s assume that everything goes terribly bad, and if the game bank is the amount we can afford to lose, then there is nothing to lose except a small amount of money. Less is even better, and 5 is enough. Read also, so we recognized the need to control sports bets, both winners and losers. The answer to this question will determine exactly how serious you are about earning a living at sports betting.

Never, under any circumstances, bet more than 5 from the game bank. How much can you afford to invest in yourself?

How much are you willing to lose? Keeping detailed and accurate records of your bets is an important part of a methodical game and the foundation of future success. The next rule is how much to bet on each bet, and the rule is simple.

For example, differences in the level of income between different types of bets, a favorable outcome of bets placed with an individual bookmaker and the accuracy of calculating the probability are factors that can be measured after collecting sufficient statistics.

How to make a table?

Friends, comrades! By analogy with the previous paragraph, the score of a match can be written in one column, or can be divided into two: Studying your own game helps to evaluate your own capabilities and skills. If you bet on sporting events not every day, you can analyze the results of the past month or three months. The results of sports betting accounting in Excel can be presented in the form of a pie chart, which will show how much you made winning and losing bets as a percentage.

We do not know a single successful player who can devote enough time and energy to successfully play more than 2 or 3 sports. Having set additional parameters, you can see all the games of one team, it does not matter if they played at home or away.

Result Number of bets Win 6 Lose 3 Return 0

Insert a pie chart, fill in by analogy with the chart and select a layout with percent. Keeping accurate records of all your bets guarantees effective and objective control over your investments.

Programs and tables for sports betting

Having determined the need for a game accounting table, a bettor discovers a number of logical questions.

• How is this records table better organized?
• What parameters will be needed?
• Should you use a ready-made program or application for accounting bids?

Surely among the many offers on the Web there is acceptable software. Only on the go to find the right program with a convenient interface will not be easy. And in most cases, these programs for bets records are paid. Therefore, first you need to figure out which tools will be needed and which ones will be useless for you personally. The world of bets is global, and therefore it is difficult to imagine a universal records table for everyone.

Most bettors today have Excel skills. This elementary office tool actually has enough functionality to build a convenient individual sports betting system. By fixing your bets in the table, you can subsequently operate on the data, sorting them according to need. Consider a simple example of such a table for bets records.

The user enters the contents of the following columns.

A — serial number, B — date, C — pre-match bet or during the game, D — bookmaker, E — sport, F — content of the bet, G — bet amount, H — odds, I — payout amount.

The contents of the remaining columns are automatically calculated using the formulas:

J — net gain or loss on the bet (I2 – G2).

K — profit: win or lose cumulative. In fact, this is the financial result of all bets. In the first line it is equal to the balance. In all subsequent ones, the balance of the current bet plus an increasing total profit after the previous bet (J3 + K2, J4 + K3, J5 + K4, etc.).

L — ROI (percentage of turnover) — a kind of objective indicator of the effectiveness of forecasts, which determines the average profit or loss from bets as a percentage of the volume of money delivered (100 × K2 ÷ M2).

M — the total amount of funds delivered, i.e., the entire turnover. The sum of each subsequent bet is added to the turnover (G3 + M2, G4 + M3, G5 + M4).

Depending on the need, each bettor can make a similar table of records for their game by adding or removing columns at their discretion. Having collected enough betting statistics, the bettor will receive good material for analysis. Over time, each player who keeps statistics on bets can determine the factors that are important for them in recording. Perhaps it makes sense to impose certain filters on the table, selecting the necessary information according to the specified criteria. Such a table can become the prototype of a full-fledged program for accounting sports bets based on a database.

Online applications and various verifiers on the Web

Now many programs are available “from the cloud”, that is, through the Internet from any device. For example, one of the options is Google spreadsheets. Google allows you to maintain spreadsheets online, including through the phone — through a convenient application.

Another option that players may like is betting exchanges. These are specialized websites for players who provide “tailored” for betting software. Many publish their bets for sale, but an ordinary player can use them to account for their bets, in return receiving a lot of analytical calculations. Starting from profits in a particular month and ending with how successfully you bet on various sports or “markets”.