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Topic: Study to become a pro and track your bets with a spreadsheet. - page 5. (Read 904 times)

legendary
Activity: 1624
Merit: 1200
Gamble responsibly
Can you post a screenshot of it? I am also keep a record of my incomes and expenses in spreadsheet, in google driver. I was taking some ideas from some trackers or designs that i found online. But sometimes i feel that i need a nicest design to stay motivated.
Read what you posted again. That you keep a record of your incomes and expenses in spreadsheet. This is different from having a spreadsheet for your gambling activities. Many people keep record of their incomes and expenses but why getting to having it for gambling. Anyone having it for gambling is only taking gambling too serious and it is likely that the person is addicted to gambling.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
That spreadsheet can helps gamblers to manage their money. I agree with the ability to follow your money because that is important for us knowing how much money we already use to playing gambling.
We can also aware when we almost break our limits so we can stop for a while and take a rest. We will not push ourselves to continue playing gambling especially if our conditions is lose.
The key objective here is to monitor whether you meet your target win rate. You can't view this as a simple income and expense situation because, fundamentally, you're trying to grow your capital. A loss means you've depleted your entire bankroll, effectively ending your game. Since achieving a specific win rate is crucial, your focus must be on turning that into reality, which requires discipline in managing your bankroll.

I'm giving an example here... with a bankroll of $10,000, you can begin betting $100 per stake. This means you would need to lose 100 times to completely deplete your bankroll, which is unlikely...even during a losing streak...unless you abandon your strategy and start betting recklessly.


I don't have a spreadsheet but I am trying to strict to myself in gambling and will not let myself lose too much money. I am still learning to limit myself in gambling so I don't think that I need spreadsheet to manage my money.
Maintaining a spreadsheet doesn't require you to start with a large amount of money; in fact, you can begin without risking any funds at all. This approach allows you to track your performance and assess whether you're truly doing well before committing real money.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform


So, sports bettors, has it ever crossed your mind to keep a spreadsheet?
Well yes, I do track my bets but not with spreadsheet, just more of listing the amount I lose and win every week. I'd say it is really helpful to do so because I am aware of the amount I am engaging which also helps me to avoid betting more than what I can afford to lose. On the same instance, it allows me to secure profit for being aware of the numbers as well. Looking back when I wasn't still doing this, I end up shocked when I checked my gambling site account; because I wasn't aware that I'm already continuously losing. I do suggest other players to do as well because it will only require small amount of effort but will benefit you in the long run in many aspects.

Can you post a screenshot of it? I am also keep a record of my incomes and expenses in spreadsheet, in google driver. I was taking some ideas from some trackers or designs that i found online. But sometimes i feel that i need a nicest design to stay motivated.


A basic spreadsheet design would be great... There are tons of templates out there, especially on YouTube, but I’m not sure if they share the actual templates. It would be super helpful if you know some formulas, so you can customize it to fit your style. Personally, I keep mine as an offline Excel sheet.

Check this out! If it’s not too complicated, you can follow the format.

Excel Your Betting Game: The Ultimate Bet Tracking Tool Unveiled

I believe it would be much better creating your own depending on your usage. It is easy to navigate on spreadsheet and other tools. In such way things would be personalized depending on how you are actually betting rather than to just copy and not maximize every data on other's sheet. Or simply just list all of the amounts and tally within your preferred period.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
That spreadsheet can helps gamblers to manage their money. I agree with the ability to follow your money because that is important for us knowing how much money we already use to playing gambling.
We can also aware when we almost break our limits so we can stop for a while and take a rest. We will not push ourselves to continue playing gambling especially if our conditions is lose.
I don't have a spreadsheet but I am trying to strict to myself in gambling and will not let myself lose too much money. I am still learning to limit myself in gambling so I don't think that I need spreadsheet to manage my money.
sr. member
Activity: 1362
Merit: 258
Vave.com - Crypto Casino

So, sports bettors, has it ever crossed your mind to keep a spreadsheet?
It has crossed my mind but to move to make it in such a way sometimes I am lazy and then forget it
by looking at your example (OP) I can see all the wins and losses in 1 week, even if it is for a year, everything will be visible, and it is true that everything can be seen and it is easy to track how much money has come in and out
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
I can actually relate on you. Having a spreadsheet that will serve as your guide in betting is certainly very useful. But due to a more busy life around, activities here and there, laziness will attack until you stop creating those spreadsheet.
It's not laziness, but you need a space to recover your tiredness.

There's no human that can do everything, if people spend their time to track their gambling history, you spend time for other activities. For me, it's wasting time, better to use the time to go gym, study or making more money.

I'd say record your beginning bankroll and end bankroll is enough, the effort is low and you can know if you're ended losing or winning.

The task is time consuming, let's admit such fact. It is good to see at the beginning and see where are you at with your betting activities. However, sustaining this activity is quite tedious as it may interfere with your other activities. Lucky if you only have this task to devote your time into, however, if you are also working, you will have a challenge to fulfil such task.

I am a very busy person at work and when I get home, my kids are always all over me, which means that I will not be able to practice keeping record on spreadsheet, because I don't take my win to be a do or die affair but accept whatever the outcome of my bet is. Anyone having spreadsheet for gambling is taking it too personal and needs to get himself more occupied by important things because he has enough free time. Currently, I gamble only weeknds on Saturday and Sunday, and I bet on one or two games with little amount.

It would really take some effort from the gambler to sustain such task. Hence, most will just do this at the beginning and won't continue recording his bets. The task has benefits but the sustainability of this action is quite a challenge. Not every gambler has the will to continue doing such tedious job.
hero member
Activity: 2856
Merit: 674

Can you post a screenshot of it? I am also keep a record of my incomes and expenses in spreadsheet, in google driver. I was taking some ideas from some trackers or designs that i found online. But sometimes i feel that i need a nicest design to stay motivated.


A basic spreadsheet design would be great... There are tons of templates out there, especially on YouTube, but I’m not sure if they share the actual templates. It would be super helpful if you know some formulas, so you can customize it to fit your style. Personally, I keep mine as an offline Excel sheet.

Check this out! If it’s not too complicated, you can follow the format.

Excel Your Betting Game: The Ultimate Bet Tracking Tool Unveiled
hero member
Activity: 1148
Merit: 796
I can actually relate on you. Having a spreadsheet that will serve as your guide in betting is certainly very useful. But due to a more busy life around, activities here and there, laziness will attack until you stop creating those spreadsheet.
It's not laziness, but you need a space to recover your tiredness.

There's no human that can do everything, if people spend their time to track their gambling history, you spend time for other activities. For me, it's wasting time, better to use the time to go gym, study or making more money.

I'd say record your beginning bankroll and end bankroll is enough, the effort is low and you can know if you're ended losing or winning.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
Yes, but laziness became the wall which is the reason I stopped continuing my spreadsheet. Work and father time can sometimes be too laborious especially when the kids are growing and starting to go to school, I think that's the time I stopped listing all my records in NBA betting.
But now I have time and starting to think about it again, especially with my activity on NBA. This is very important for every sports bettor out there who really wants to make profits out of that kind of gambling.
Records will not lie, and it could also show if we need some adjustments when we see that we are on a losing track. We must be doing something wrong that needs to be changed.
I can actually relate on you. Having a spreadsheet that will serve as your guide in betting is certainly very useful. But due to a more busy life around, activities here and there, laziness will attack until you stop creating those spreadsheet.

However, the fact that it will help you improve your betting performance by tracing your wins and losses, then it will also be reliable enough to analyze your pros and cons from your bets. That way, you can conclude whether to continue and create same more bets or explore some other types of bets wherein you can maximize your winning potentials. At the end of the day, you will realize that discipline plays a vital role in gambling. If you want to gain more profits, then you have to set aside laziness and focus on your spreadsheet every time you decide to bet most especially if you are betting a huge amount of bankroll.
legendary
Activity: 2128
Merit: 1775
So, sports bettors, has it ever crossed your mind to keep a spreadsheet?
Yes, maybe some people like and like to keep records of their bets or gambling records regularly, that's something that can control them at the level of gambling, if you look at it maybe professionally, where is the record of winning bets, losses, the total money spent and received written neatly, this idea can also raise the level of self-awareness in gambling.

But I haven't carried out an idea like that, I don't think about sports betting, let alone keeping data records like that, I make bets that win or lose, the money goes out and the winnings are not counted and not saved, maybe in the future I should try it to find out my level of gambling, whether the record is bigger money out or bigger wins.
hero member
Activity: 862
Merit: 662
Currently I just keep a basic spreadsheet of expenses though, with gambling neatly taking that one cell with it's 5%  Wink

Can you post a screenshot of it? I am also keep a record of my incomes and expenses in spreadsheet, in google driver. I was taking some ideas from some trackers or designs that i found online. But sometimes i feel that i need a nicest design to stay motivated.
hero member
Activity: 3108
Merit: 577
Leading Crypto Sports Betting & Casino Platform
So, sports bettors, has it ever crossed your mind to keep a spreadsheet?
No. It didn't crossed my mind to make spreadsheets to be on tracked with my bets. It is too much work for me to do so but I understand that it's a good way to get on track on my finances with sports betting, how much is getting in and out from my pocket or bankroll. I think that there have been some discussions already in the past on who amongst us are tracking all of their bets, losses and wins. For the full time gamblers, I understand that there's a need for them to do that because that's their bread and butter. But even so, I think that a few of them don't bother themselves in making records of their wins and losses. We are all different gamblers and we've got some goals and ways on how we're going to satisfy ourselves based on the results that we're getting. So, if I am the one to get on track, getting a spreadsheet with templates that can easily be searched online, they're everywhere and for free. And so, if I change my mind, I can download them easily.
hero member
Activity: 938
Merit: 703
Personally, I believe tracking your bets is a game changer and for me it’s made a huge difference. From my experience in sports betting and working in a crypto casino Inhave seen how valuable your data can be. It’s not just about placing bets but understanding patterns and learning what works.

For me, keeping track of bets has helped knowing which leagues and bet types I do best in. I have found myself leaning on biases, like betting on a favorite team when I shouldn’t. Tracking those decisions helped me see the mistakes and improve.

I also find that managing my balance or capital is way easier with a clear record. It helps me know where my money is going also what’s working and what needs change. Personally, I think anyone serious about betting should give it a try to make my approach much more stable and more rewarding.
hero member
Activity: 1120
Merit: 887
Livecasino.io
This might be new for some who just gamble without a real bankroll, but for those who are serious about sports betting, consider this: data is crucial for tracking your journey. According to a site I found that also shows a good format for spreadsheet tracking, here are the benefits of keeping tabs on your bets.
This is like some serious Monday motivation shiii for serious gamblers or those looking to take it seriously and are looking for some directions. I think this is only a sample and that once you get to pro level, you already would have developed your own unique bankroll that works only for you.


Quote
So, sports bettors, has it ever crossed your mind to keep a spreadsheet?
For me I am a very small time gambler whose focus on mostly on having fun. I don't bet frequently like every other day but when I do it , I go all the way. I don't have a spreadsheet but a rough notes for doing anything gambling related.
hero member
Activity: 2702
Merit: 672
I don't request loans~
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Probably wouldn't make something this big. Looks like a mess to handle and learn. I'd probably at most keep track of the stuff I spend on, odds and how much I lost/won per match. Don't really need the "type", either way I'd bet on what I want to bet regardless of whatever result is better for me or not. As for favoritism, that's part of me. I'd 100% bet on my favorite team given that they're performance is good enough in the season. Maybe at least 70% better than most teams.

Currently I just keep a basic spreadsheet of expenses though, with gambling neatly taking that one cell with it's 5%  Wink
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Most gamblers will not agree explicitly but deep down they are going to lazy and scared of tracking losses or wins. This is because they know that the losses might go beyond the wins and the net loss will become evident in front of them.

It is never a bad choice to track bets. Allows you to assess your own judgement and it's a good way to track losses too and to make decisions about when to stop betting for a short period.
hero member
Activity: 1974
Merit: 586
Free Crypto Faucet in Trustdice
Personally those who only rely on small bets, always bet randomly, are inconsistent and have no intention of becoming a professional, then it seems unnecessary to hone it that far. I mean the point is to bet with an amount that is ready to lose at any time, there is no special demand for large profits.

However I fully support the use of worksheets to find out the ratio of each money spent for those whose capital must continue to rotate, especially in large amounts.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
For people who are usually addicted to gambling, using certain strategies can help them avoid gambling losses.

I think it’s quite the opposite... Gamblers who are already addicted to gambling are often irresponsible, and the real cure is to stop gambling altogether. We use this method to monitor our journey, which means we’re focusing on long-term goals. By keeping track, we become aware of our results, and if we have the discipline, we can stick to our game plan. Yes, there should always be a game plan or guide because without one, that’s a major reason people get addicted to gambling while aiming for long-term wins.
sr. member
Activity: 504
Merit: 433
Keeping statistics in tables is very important when you take the business you are doing seriously, this is the surest way to calculate profitable and unprofitable bets/transactions. It does not matter whether it is betting, trading or even buying/selling goods, accounting in a table is an important component that is necessary for running successful businesses. Someone may say that it is enough to only know the initial balance and based on the final one you can calculate the size of the profit or loss, but such a rough calculation will not help to analyze where there was a profit, and where there are losses, so the table is very important.
sr. member
Activity: 672
Merit: 337
For people who are usually addicted to gambling, using certain strategies can help them avoid gambling losses. But I gamble mostly on football matches, cricket matches and games, because I have long experience of betting on all these gambling games. 
But in betting usually the lucky ones win the most, I usually go into gambling at the end of the day with a third of my total money as much as I can afford to lose. And when my account balance gets low, I immediately stop gambling, it's one of my loss recovery strategies.
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