App To Keep Track Of Bets With Friends
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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):
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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.
App To Keep Track Of Bets With Friends Together
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
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
Profit is about as simple as it gets. Are you making or losing money?
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.
ROI
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.
Risk
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
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.
League/Team
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.
Bet Type
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:
- Spread
- Moneyline
- Total
- Prop
- Future
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.
Date
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:
- 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
Related posts:
The most complete web application to keep track of all your sports bets.
Sign up now!Sign inTwitter login Google login Facebook login
Wanna try without creating an account? Try our Guest account
This is not a gambling application. You cannot place real bets. You can just track your records.
We do not provide any gambling related services.
8.56 Thousand
subscribers
10 Thousand
bookmaker accounts
253 Thousand
bets
When you bet for real you certainly use many bookmakers. And of course, you also use digital wallets (such as Skrill or Neteller). With Smart Bet Tracker you can keep up to date information about your balance on every bookmaker, exchange and wallet you use. And you can keep detailed information about all money transactions within them.
Single bets | multiple bets | each way bets | value bets | trading
Investments | withdrawals | transfers | bonuses | fees | adjustments
Bookmakers | exchanges | wallets | tipsters
Automatic exchange rates | commissions
Reports | Notes | tags
Smart Bet Tracker lets you easily search for events on every sport, country or league. Our integration with Betfair provides almost real time information so you can select events, markets and odds available at Betfair in an intuitive way. If you want to check odds available at other bookmakers, we recommend checking at Odds Portal
You can navigate through sports, countries, competitions and events. Use Smart Search to easily find any event with a few keystrokes. Type the sport, country, team or competition name in the search field and get all you need. Or make a few kestrokes in the apropiate field in the bet slip to get a list to narrow your search.
But that's not all. We keep old Betfair events for 24 hours so that you can record your bets later. Even when the information is no longer available, you will find it at Smart Bet Tracker to make your bet recording really fast and easy.
Your records will include lots of information that will allow deep analysis.
Bet date and time | bet type | bookmaker | currency
Event date and time | sport | country | competition | event
Market | outcome | odds | bookmaker
Stake | bet result | return | commission
Free bet? | automatic settlement? | public/private
Tipster | comments | tags
But the best of all is that most of this information will be filled automatically. Just clicking on the odds shown for a specific market will take you to a bet slip with all necessary information. You will only need to enter the stake and choose the bookmaker. And you can search your historical data or generate reports filtering by all these fields.
Maybe 1% of bettors place surebets. If you are among them, Smart Bet Tracker has everything you need to track these surebets. You will have the chance to build surebets by chosing previously tracked bets. You will also have the chance to create surebets from scratch, placing all bets that make the surebet in a single step.
The surebet slip was specially designed to minimize data input. Common fields in a surebet will be entered once (date and time and all information about the event).
Your bets will be settled automatically if you provided all the information, and profits and commissions will be calculated accordingly. After Betfair settles each market, Smart Bet Tracker will get these results and settle your bets accordingly.
You can of course settle your bets manually or change any result at any time. Just select from the results drop down list (won, lost, half won, half lost or void) and let Smart Bet Tracker decide the profit and commission. You can also correct results and commissions.
If you need to settle your bets manually, we recommend checking livescores information at https://www.flashscore.com/
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. You can analyze your tipsters and see which sports and competitions you master.
With more than 12 reports to choose from, the reports manager lets you run up to 5 reports at the same time. Reports will be built and can be displayed later, at any time. Try the staking plans report which compares your actual performance against other staking strategies.
You can export all your records. You can manage different currencies and have automatic exchange rates. You can record bonuses, fees and other transactions. You can manage your tipsters and their fees. You can record important notes to have reminders at a glance. You can see you records history using a large number of custom filters. Many more tools to come...
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The most complete web application to keep track of all your sports bets.
Sign up now!Sign inTwitter login Google login Facebook login
Wanna try without creating an account? Try our Guest account
This is not a gambling application. You cannot place real bets. You can just track your records.
We do not provide any gambling related services.
8.56 Thousand
subscribers
10 Thousand
bookmaker accounts
253 Thousand
bets
TRACK EVERYTHING
When you bet for real you certainly use many bookmakers. And of course, you also use digital wallets (such as Skrill or Neteller). With Smart Bet Tracker you can keep up to date information about your balance on every bookmaker, exchange and wallet you use. And you can keep detailed information about all money transactions within them.
Single bets | multiple bets | each way bets | value bets | trading
Investments | withdrawals | transfers | bonuses | fees | adjustments
Bookmakers | exchanges | wallets | tipsters
Automatic exchange rates | commissions
Reports | Notes | tags
COMPETITIONS AND EVENTS IN REAL TIME
Smart Bet Tracker lets you easily search for events on every sport, country or league. Our integration with Betfair provides almost real time information so you can select events, markets and odds available at Betfair in an intuitive way. If you want to check odds available at other bookmakers, we recommend checking at Odds Portal
You can navigate through sports, countries, competitions and events. Use Smart Search to easily find any event with a few keystrokes. Type the sport, country, team or competition name in the search field and get all you need. Or make a few kestrokes in the apropiate field in the bet slip to get a list to narrow your search.
But that's not all. We keep old Betfair events for 24 hours so that you can record your bets later. Even when the information is no longer available, you will find it at Smart Bet Tracker to make your bet recording really fast and easy.
How To Keep Track Of Your Bets
DETAILED INFORMATION
Your records will include lots of information that will allow deep analysis.
Bet date and time | bet type | bookmaker | currency
Event date and time | sport | country | competition | event
Market | outcome | odds | bookmaker
Stake | bet result | return | commission
Free bet? | automatic settlement? | public/private
Tipster | comments | tags
But the best of all is that most of this information will be filled automatically. Just clicking on the odds shown for a specific market will take you to a bet slip with all necessary information. You will only need to enter the stake and choose the bookmaker. And you can search your historical data or generate reports filtering by all these fields.
Maybe 1% of bettors place surebets. If you are among them, Smart Bet Tracker has everything you need to track these surebets. You will have the chance to build surebets by chosing previously tracked bets. You will also have the chance to create surebets from scratch, placing all bets that make the surebet in a single step.
The surebet slip was specially designed to minimize data input. Common fields in a surebet will be entered once (date and time and all information about the event).
AUTOMATIC SETTLEMENT
Your bets will be settled automatically if you provided all the information, and profits and commissions will be calculated accordingly. After Betfair settles each market, Smart Bet Tracker will get these results and settle your bets accordingly.
You can of course settle your bets manually or change any result at any time. Just select from the results drop down list (won, lost, half won, half lost or void) and let Smart Bet Tracker decide the profit and commission. You can also correct results and commissions.
If you need to settle your bets manually, we recommend checking livescores information at https://www.flashscore.com/
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. You can analyze your tipsters and see which sports and competitions you master.
With more than 12 reports to choose from, the reports manager lets you run up to 5 reports at the same time. Reports will be built and can be displayed later, at any time. Try the staking plans report which compares your actual performance against other staking strategies.
App To Keep Track Of Bets With Friends Cheat
PLENTY OF TOOLS
You can export all your records. You can manage different currencies and have automatic exchange rates. You can record bonuses, fees and other transactions. You can manage your tipsters and their fees. You can record important notes to have reminders at a glance. You can see you records history using a large number of custom filters. Many more tools to come...