Trying što remember all the bets youāve placed can be daunting, unless you have a special tool to heź¦ŗlp you keep a record of your betting portfolio. This is where having a bet tracker comes in handy ā and best of all, it's completely free! Find out more in our comprehensive guide below.
What Functions Does the Excel Betting Manager Offer?
The more appropriate question would be: what doesnāt the Excel betting manager offer! When it comes to sports betting, money management is crucial. Enter Excel's bet tracker, which is so comprehensive that you may not need any other tools in your betting arsenal, except for our trusty stats pages!
Using this dynamic spreadsheet, you can track every minute detail of any wager,š such š³as the type of bet, the commission charged, the bookmaker involved, and even whether it was a result of a free sports betting offer.
Do you have multiple accounts? No sweat! Excel can help you keep track of all your deposits, withdrawals, and current balances across all your accounts. If you're a stats enthusiast, you can cheź¦ck out how well youāre doing with charts that dissect your profit and losses, your stake history, and return on investment (ROI).
Finally, the settings page lets you input information that generates convenient drop-down menus to make your life even easier. Once you set up thšiź¦¦s excel spreadsheet, youāll have a lifelong betting companion!
How To Start the Betting Manager
There's a wealth of information toą¶£ ļ·½explore, so let's dive right in!
First, download the Bet Manager tool and get familiar with the various tabs. Once thatās done, fill in the settings page. This is your command centre, and all the information you enter here will be used throughout your betting jošurney.
There aź¦re seven columns to completeš, each related to your betting habits. Here's what they entail:
-
Sports: Add any sport on which you place bets.
-
Bookmakers: If you have accounts with multiple bookmakers, list them here. Thinking of creating accounts with other bookies? Check out our list of the best UK betting sites.
-
Bet Types: Enter all the different types of bets you place, such as 1×2, BTTS, and others. You can format them however you prefeź¦«r.
-
Tipsters: If you rely on tipsters for betting insights, add their names here to measure the outcomes of their advice. Alternativelš¤Ŗy, you can add your own name instead.
-
Leagues: Add all the sports leagues you bet on, using abbreviations for convenience (e.g. “ENG 1” for the English Premier League).
-
E-Wallets: Add whatever you use to make deposits and wš®š²ithdrawals.
-
Odds Range: Specify the range of odds you normally opt for, so you can beneš fit from odds tracker.
You can add more information to each of these columns asš you go along and place more bets.
How Can Bets Be Entered in Excel?
Youāve laid the ground work and now itās time to actually use the bet tracking spreadsheet to rź¦ecord your bets:
Overview Tab
This is where you fill in the 18 rows dedicated to each bet:
We know what you're thinking ā18 rows?
However, thanks to the settings you've already enterešd in the previous steps above, most of these rows are preconfigured drop-down menus. It should therefore take you less than a minute to complete each entāry!
Keeping tršack of all thšis information will allow you to generate stats and insights regarding your betting habits. Certain details, such as date, odds tracker, stake, and payout, will have to be added manually. Additionally, you'll need to update the bet's status yourself once the outcome is confirmed.
This page is perfect, as it creates a birdās eye view of all your betting habits and behaviours, highlighting any patterns which you mayš½ want to focus on or avoid.
Creating statistics and infoš³rmation regarding your betting habits could drastically improve your outlook on betšŖting, meaning youāll begin to find more value in specific bets.
TIP:
Update your bet ādetails as soon as you place the wager, that way, you wonāt need to go back at a later date. Youāre also less likely to forget or get overwhelmed by the number of entries you may need to make.
System Bets
You'll find a dedicated section on the spreadsheet tailored šjust foš r system bets, together with comprehensive instructions on how to use this specific tab.
A system bet isnāt as straightforward to add onto the overview page, so this page does precisely that ā š it converts the system into a single bet format. Thš§is can then be added to the overview page.
All you need to do is add the betting information in the top-left table, and copy the data created below the āEvaluationā table. This can be transferred to your betting data table in āOverš±viewā.
How Does Betting Account Management Work?
For betting managemešnt purposes, make use of the following features on the Excel spreadsheet:
Accountsā tab
The āAccountsā tab iš ŗs one of the most useful features on the sheet as it tracks all your current betting accounts. Itās an excellent way to group all your finš¬ancials together under one roof.
The first table, shown in purple, is a longā-term view of all your deposits and withdrawals from every account. It's like bankroll management tool displaying your sports betting transactions. This provides the first indication to whether or not youāre winning or losing money. If yš ou see a lot more deposits than withdrawals, you may want to change your betting approach.
The red table provides the curreą²nt balance of each bookmaker. Itās a grouping of all the listed items in the purple table, and thereās only one row per bookie. This also giveź§s you a true indication of which bookies have been the best for you.
Using e-wallets to bet? Tą“he third table, in yellow, displays the total balance in every ošne of your e-wallets, making tracking a breeze.
The final set of mini tables, found on the right, indicate the total amš§øount withdrawn and deposited. This provides you with a true overview of your winnings and losses.
How Can Betting Statistics Be Created?
Statistics Page
A standouāt feature in its own right, this page compiles all the data youāve entered and creates valuable information and stats. This could provide clues as to what your best and worst bets are, as well as any positive EV bettingź¦° (expected value betting) opportunities.
You can filter by sports. Selecting football will give you all the football bets youāve placed and details about it, including a few graphs to display the findings. Yāou can do the same for bookmakers, odds ranges, and more.
The handy tables are used to visually track your profit/losses, stakes, and return of investments (ROI), depending on what youāreź§ searching for. All this and more can be done by using the dropdown menus found below the Criteria section. Itās an extremely in-depth tool, so we suggest giving it a look through to find whatās most relevant to you.
Sheet Settings
Finally, you can make necessary adjustments by uš“sing another function. This is the place where you can find the lists for sport, bookmaker, bet type, tipster, league, e-wallet, and odds rangš¼e.
This is the base of the entire bet manager toāol. Once you fill all these out, the data will be transferred to the other tabs, so you can add them using dropdown menus instead of typing them out every time.
From here, you can also get a clear picture of how diverse your betting is, including a list of bookmakers, bet types, and much mošre.
If you like our dedicated bet tracker tool, download it exclusively on TPP and managš·e your betting portfolio efficiently and effectively.
Best Bet Tracker Alternatives
Looking for alternative tools to track your bet? Our team has tested dā iffereź¦ŗnt tools and selected the best products out there:
ThePuntersPage Final Say
The bšet tracker is versatile, valuable, and most importantly, easy to use. Itās so good you can cašll it a casino tracker, an odds tracker, or even an EV bets tracker, and every name is true!
Bet TRACKER FAQs
Firstly, itās organised and wiź§ll help you measure how much money youāre winning, losing, and transferring into betting. It alš¶so tracks your bets to show you whatās working and what isnāt.
The best wayš would be to download our Excel bet tracker and familiarise yourself with the tabs. Once you undersš¦tand it, fill it, and begin to reap the benefits.
The betting tracker offers stats on your spendings, earniš·ngs, the average odds, and what types of bets are yielding you the best results.
Not exšactly, but you can download the excel file as a shortcut on your phone, which is close enough to a betting tracking app and just as convenient.