Creating a Betting Tracker in Excel or Google Sheets
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Keeping track of your betting activity is one of the essential practices toward becoming a a consistent winner. If you don’t track your bets makes it nearly impossible to assess performance. A structured betting log can help you review your betting trends and make informed choices. Here’s how to build one.
Start by opening a blank spreadsheet in Google Sheets. The essential setup is to define your categories. These will be the data points you use to record each bet. At a minimum, you should include: Day of Wager, Event Category, Match, Wager Type, Stake, Odds, Result, and Net Gain.
The betting date should note the exact date you made your wager. This helps you detect cycles, like whether you win more on Fridays and Sundays or KOKITOTO after certain events. The sport field lets you track which sports you’re betting on. You might find you’re consistently profitable in NBA than soccer.
Events field, write the exact athlete names involved. To avoid confusion, include the full name and avoid abbreviations unless you’re uniform in your usage. Your wager type tells you which market you made. This could be straight win, against the spread, over, or any alternative bet.
Your wager amount is where you input the sum of money you wagered. Maintain uniform units throughout. This section should note the American odds when you made the wager. Decimal odds are simplest to compute, so standardize your odds to decimal format.
This field is simple. Just write Success, Lost, or Push. If the result is a tie means your bet was voided, so you break even. Net P&L will update in real time based on your stake and odds. Use a formula like Stake × Odds − Stake for wins, and just negative stake for losses. For pushes, enter zero.
After defining your fields, start inputting your picks right after the result. Be consistent and update the sheet right away. Don’t wait until the end of the week. Accuracy matters.
Once you’ve logged 20+ bets, you can start evaluating your trends. Insert a key metrics box at the header or footer of the sheet. Count the total number of bets, total amount risked, total profit, and success rate. To calculate win rate, successful bets ÷ total entries. Look at your average odds and average stake. Are you betting too much on low odds? Are you emotionally reacting?
Try adding a basic graph to see your P&L trend. This helps you determine if you’re getting better or if you’re on a losing streak.
The key to success with this spreadsheet is routine. Don’t skip entries. Include all outcomes. As you accumulate data, this record will become a powerful asset. You’ll discover behavioral insights. You’ll learn what to skip and which ones to repeat. Above all, you’ll move beyond emotion and start trusting your numbers.
Remember, the goal isn’t to be perfect. The goal is to make smarter decisions over the entire betting career. Your betting log gives you the visibility to do just that.
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