- A Bet Tracker that allows you to stay on top of your betting performance. Video tutorials to enhance your understanding of handicapping.
- The Sports Betting App is an easy way to keep track of bets made with different bookmakers by allowing you to store bets made, calculate odds and keep record of all your bets. Imagine having all that.
Once you have mastered the art of bankroll management it is time to start tracking each bet you make. In the world of sports betting, numbers are king. And tracking your bets properly makes you gambling royalty.
Is a simple, stripped-down sports betting app that allows you to estimate payouts for parlays with up to 12 legs/picks included. Odds can be entered in decimal, American, or fractional format. Follow and analyze easily your bets and your tipsters choices!. This app will help increase your chances of winning and help you keep control of your budget. With the help of syntheses, you.
Betting Tracker Spreadsheet
In short, bet tracking is the practice of tabulating your betting history. Serious bettors will tally every “who”, every “when”, and every “how much” for all of their wagers. This allows them to look over their betting history, learn from any potential mistakes, and keep a careful account of their finances.
Average gamblers “track” their bets by looking at their bottom lines. For those of us who don’t want to be average, that’s not enough. Sports gamblers, novice, and veteran alike are guaranteed to improve their game with this simple hack.
How To Start Bet Tracking
The easiest way to begin tracking your betting is to download an existing Excel spreadsheet. This takes out much of the legwork needed to create your own tabs and internal calculations. Once you have your spreadsheet up and running, you can quickly navigate between tabs and begin plugging in your information.
The first sheet (in the spreadsheet linked above) helps you establish some basic information, like where you bet and what sports you bet on. It is important to fill this part out because your answers will populate dropdown windows in the rest of the spreadsheet.
This tab also allows you to determine your odds type (American, for most of us) and what your unit bet size will be (e.g. $20).
Deposits And Withdrawals
The next sheet provides you an easy way to track how much money you have put into and taken out of your betting accounts. If you put, say, $200 into your DraftKings and FanDuel accounts, you would put that info there.
This sheet also lets you track any bonus offers or free bets you may have received. This can be extremely helpful as it will enable you to keep track of the number of times you have rolled over your bonus offers. That way, you know when you can finally withdraw those funds.
The real action takes place on the Bets sheet. First, plug in the background information – the bookmaker, sport, time, type, and selection for each bet you place. Next, plug in how much you staked (probably one “unit bet”), the odds you received (e.g. +120 or -110), and the outcome.
The final section on the Bets sheet cranks the numbers out. It displays what you risked, what your payout was, and what your profit or loss from each of your bets was. Besides tracking your finances, these columns will also help you to be mindful of how much you stand to lose and gain before you place any bets with your sportsbook.
This sheet simply lists your net winnings and tells you how much you can withdraw at any given time. However, if you utilized a bonus offer it will be important to remember how many times you need to bet it through to withdraw (hence the deposits sheet).
When it comes to improving your abilities as a gambler, the Performance Summary sheet is your greatest asset. This sheet breaks down your gambling history across different betting categories and gives you the chance to see where you’ve been falling short and where you’ve been most successful.
The insight needed to improve your game comes from studying your past performance. This sheet gives you the vital stats to do just that. It quantifies your performance across sport and bet types, giving you a clear way to assess your winning percentage and net profit in each domain.
Once you have bet for a long enough time to accurately evaluate your strengths and weaknesses, you can decide when and how to tweak your strategy. Maybe you win most of the time when betting on MLB but lose on the NFL. Maybe you outperform betting the moneyline rather than betting the over/under. Now you can use this info to tweak your strategy as needed.
The last sheet provides you with a graph to see how your betting performance has oscillated since you began. Visual aids like this showcase your trajectory as a gambler. It also serves as a potent reminder that we all go through ups and downs in our betting – so no need to get emotional.
Why You Should Start Now
If you’re serious about improving your game, the effort required to track your betting is well worth it. It helps you break bad habits and cement good ones. It helps you keep a careful eye on your finances. And, yes, it will probably help to make you a better gambler in the long run.Estimated Read Time: 4 minutes
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Sports betting success is all about access to the right information at the right time. With online betting sites increasingly offering bettors the option to wager from their mobile phones, it’s only natural that a wide range of complementary sports betting apps have cropped up on the Apple Store and Google Play.
Don’t waste your time on Instagram scamdicappers and other questionable digital betting services. Sports Betting Dime has identified the most useful sports betting apps for everything from bankroll management to line shopping.
Here are the five most interesting and innovative choices for 2020.
1. SharpSide: Best App for Betting Tips & Community Picks
SharpSide is a relatively new app that provides a huge amount of community-driven info and analysis for bettors.
The beauty is in SharpSide’s model for sourcing betting tips and advice – each member’s betting records are public and there’s no way to delete losses or otherwise manipulate the results.
Free Betting Tracker App
This stands in sharp contrast to some other paid pick services, many of which are notorious for a lack of transparency and selling shoddy info.
SharpSide asks every user to make picks on a huge range of game lines, game props, and player props at their leisure. The app tracks picks and displays results publicly on detailed boards – allowing you to see what other bettors are thinking with an incredible level of detail.
Because everyone’s record is shared publicly, it’s easy to closely follow the bettors with a proven track record handicapping the sports and bet types you’re most interested in.
2. BettingPros: Best App for Sports Betting Line Shopping
Line shopping is the single easiest way to increase your profits when betting on sports. By comparing the odds offered at multiple sportsbooks, you can ensure you’re getting the best possible value for every line to your liking.
The BettingPros sports betting app not only displays valuable data like betting percentages and team trends – it displays the odds for each matchup at a range of online sportsbooks and highlights the most favorable option for every line available on a given matchup.
Thanks to this conveniently intuitive layout, you’ll identify the best value on any pick within seconds of opening the page.
Save yourself the hassle of navigating between various online sportsbooks to compare the odds on your mobile screen – once glance at BettingPros can condense tons of frustrating back and forth into mere seconds.
3. Parlay It!: Best Parlay Calculator & Accumulator
Betting parlays and teasers is a great way to amplify your sports betting profits, but it can be a challenge to accurately calculate potential payouts.
Parlay It! is a simple, stripped-down sports betting app that allows you to estimate payouts for parlays with up to 12 legs/picks included. Odds can be entered in decimal, American, or fractional format and you’ll instantly see the potential profit, return, and percentage return on investment. App downloader for laptop.
Parlay It! also features a ‘dutching calculator’ to help you hedge your bets across multiple sportsbooks.
Sports Betting Tracker
For a small one-time fee of $1.99, you’ll also gain access to an overround calculator that allows you to see how much the bookmaker is profiting off your selections.
This is an invaluable tool in determining which betting markets are offering the best value when playing multiple lines.
4. Kelly Calculator – Best App for Sports Betting Bankroll Management
There are various systems bettors can use to determine how much should be wagered on a given event.
The Kelly Criterion is one of the best-known and effective methods for identifying value and shoring up your bankroll, and the Kelly Calculator takes cares of the math you need to follow this system.
Simply input the total value of your bankroll, your assumed probability of success, and the odds to see the size of your edge over the sportsbook and the suggested amount you should wager.
If you’re looking for a sports betting app to practice disciplined bankroll management and stick to a system, it’s hard to beat the simplicity and clarity of the Kelly Calculator.
5. Onside Sports – Best App for Tracking Your Sports Bets
Onside Sports provides a range of services for sports bettors, but the app shines brightest with their bet tracking tool.
A personalized dashboard contains key metrics of your overall betting performance in great detail, tracking classic indicators like return on investment and win-loss records along with stats such as an adjusted win percentage and associated z-score that provides more relevant feedback on the value of your betting strategy.
The ‘pools’ function also allows you to track bets against your friends and family, while public leaderboards allow you to follow the picks of the best ‘cappers in each sport as you fight for their spot at the top.
Want to Learn More About Betting From Your Mobile Phone?
Online sportsbooks and sports betting media are going to great lengths to deliver an engaging and easily navigable mobile experience. Find the features you need without the fluff – Sports Betting Dime’s odds app is a one-stop-shop for the latest odds, standings, and betting trends.
Check out our guide to sports betting on mobile for a comprehensive overview of how to get more out of betting on the go. The guide is full of site-specific tips for our favorite mobile betting sites.
Pair the apps outlined here with a mobile-optimized online sportsbook, and you’ll have everything you need for a profitable betting experience right in the palm of your hand!