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Sports betting strategy spreadsheet: value betting For example: After a long period of following value betting strategies , I realized my profits are not growing at all. In that period my main focus was on football betting and the bookmaker had a good detailed history of my bets. I started to build up a football betting spreadsheet based on my history. Or check my OddsJam Review and find out how to profit from overpriced betting odds!
After using the filter option in that excel sheet, I started to search for markets that are not profitable. After 5 — 10 minutes of filtering and researching, I found out that my corner bets were in a massive loss. And another thing I realized was that betting on odds under 1.
Well, you can imagine my results after avoiding these markets. Just as a reminder, if you are building or using a betting tracker like this, you need to have as many bets as possible. A small sample of bets can easily lead you to wrong conclusions. So, an excel tracker like this will help you monitor your profits and losses in certain markets or leagues.
My relevant articles about matched betting: No risk matched betting USA For example: this football betting spreadsheet increased my ROI return on investment from 0. Arbitrage Betting Spreadsheet Tracking your bets if you are arbitrage betting has a different role.
While in value betting, you can filter them and increase your profits, with arbing you will use it for another purpose. Based on my experience tracking your balance at every bookmaker will help you to: Figure out which account will need more deposits Where do you need to withdraw some money from Which bookie has more soft lines and odds Why is the last point important?
Building a database of your balances, noted periodically every week for example , will end up in a spreadsheet that can offer information about bookmakers. If you are familiar with value betting you know that some bookmakers are making more mistakes, while others are offering sharp odds. If you notice that you have to deposit money at the same bookie every time, and at another, your only task is to withdraw, you can jump to some conclusions.
Think about it! If you are withdrawing more from a bookie over a longer period than your total profits with arbitrage betting finders , why would you cover the other outcome? Value betting is more profitable than arbing, but not at every bookie. An arbitrage finder like this can help you switch to a more profitable strategy. 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. But the world is changing and bookmakers are smarter than ever.
Reading news, watching the games and betting on so-called winners is not enough anymore. If you want to win at sports betting, it is crucial to use statistics and finding value. The ability to identify value bets is a skill limited to a certain few. David is one of those few, that has the knowledge, skill and the ability. He will give you that extra value that you need for winning. Not only will you meet one of the smartest guys in the business, he is also one of the nicest. Hands down! MB from UnderdogChance.
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