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Revolutionize the way you bet. No, seriously. A sports bet tracker is the simple, but essential tool to maximizing your potential on the betting market. This useful, preforumulated Excel spreadsheet, will help you manage your wagers, by keeping track of what comes in and what comes out, and letting you know where you’re slipping up.
Click this link to get The Puck Line’s sports tracker, and read on for our guide on how to make the most of it.
Why use a sports betting tracker?
The sports bet tracker is an simple, but great way to handle your bets and chart your successes and failures. With statistical analysis and performance graphs of your wagers, using it will give you a complete and comprehensive overview of your betting history.
It is especially useful for players with multiple accounts, as you’ll be able to follow each bet placed with various bookmakers.
And when it comes to the maths, the hard work is already done. The in-built Excel formulas avoid any calculations whatsoever.
Here’s what you’ll be able to calculate:
- Money available in each of your accounts
- Total earnings / losses
- The most profitable bet types
- Your potential earnings
The sports betting spreadsheet is free to use, click the link above to download. It opens with Microsoft Office Excel software and is compatible with either Mac or PC.
Using the sports bet tracker
The Excel spreadsheet is made of 6 layers. You can move between the sheets by clicking on the tabs along the bottom.
Green tabs are where you enter your data. Blues ones are for generating your betting stats.
When you enter your data, be careful to keep to the existing data format. When you download the spreadsheet, there are preset examples to guide you. Have a look of how the system works, before entering your data in the same way. Remember to remove all pre-existing entries so that your subsequent results are accurate.
Note: the betting management file is unprotected. You can enter your data freely. If you have any problems, click “Review” and then “Remove the sheet from the protection”.
When you’re entering your data, don’t delete a column or a tab (even if they don’t apply to you) as this can affect the formulas and results.
The settings tab is where all your betting results will stem from. Entering the maximum amount of information is essential for accurately calculating your winnings.
Be it NHL, fantasy sports or NASCAR – you can completely personalize the sports bet tracker. You can include:
- Your bookmakers
- Sports you wager on
- Types of bets, placed or future (optional).
This section will tell you which is your most successful bet type. E.G. single or handicap bets. However, if you don’t want to specify, enter “to score” for any type of bet.
You can also keep an eye on open bets. Useful for Cash Out fans can utilize this when accumulator bets don’t go their way.
The example shows both the required information (bookmaker & sport) and optional (team/player, bet type, event, in play, and result).
Deposits and Withdrawals
By using the excel betting spreadsheet, it’s easy to see exactly how much you are winning and losing. Something we all like to know…
The Deposits & Withdrawals tab avoids miscalculations, overspending, and how much your winnings are.
For a deposit, enter the amount normally (e.g 100). To withdraw, add the minus sign before the amount (eg -100). Note: $ sign will appear automatically after you type your amount and press enter.
Withdrawals will automatically appear in red.
This is how to keep track of your credit levels with each bookmaker, showing the exact balance in each account.
So, if you want to make a quick in-play wager you won’t have to waste time making a deposit, or wasting additional funds.
The amounts are automatically calculated by data from “Deposits & withdrawals” and “Bets”. The list of bookmakers comes from “Settings”.
Now you can see why it’s super important to be accurate when you first enter your data!
Note: Free bets and bonuses are included as available funds.
Here’s where you review your performance by bet type and/or sport.
From this tab you’ll get an understanding of:
- Your best / weakest sports
- Most profitable betting type
- Stronger at pre-match or in-play betting
- If you making profits
You’re ready to download…
Head back to the top of the page to download your personal copy of the The Puck Line’s sports bet tracker.
It’s great fun to have the latest, coolest betting trackers, but it’s also essential to have good players. Check out the 5 must have players for your fantasy football team!