Oct 26, 2022
3 Best Google Sheets templates to track your sports betting progress & bets
Spreadsheets are a great way to track your betting progress. As you enter data into a spreadsheet, it will automatically calculate the profits and losses from each bet, which makes it easier to see how your bets are performing over time. This can help you identify when a bet is likely to be successful or not.
This guide will walk through some basic tips for organizing your data in a spreadsheet, entering data correctly into these documents, and using charts to visualize this information so that you can better understand how well (or poorly) your wagers are paying off each week.
The idea of a sports betting spreadsheet
Sports betting spreadsheet is an Excel or Google Sheets file that you can use to track your betting progress. You can customize the spreadsheet to suit your needs and use it to calculate ROI (return on investment), analyze your betting strategies, and more.
At BettorSignals, we have built ourselves a system to track our progress automatically, so we know how our experts perform and how we can improve.
3 best sports betting tracking spreadsheet templates
1. Google Sheets Betting Tracker by aussportsbetting.com
Google Sheets Betting Tracker v2.20 is one of the most popular betting sheets on the web.
It's a completely free tool that has been maintained for years. You can clone it and modify it yourself to get the best experience out of it.
2. SportsbookScout Bet Tracker v12
Written in Excel but also available via Google Sheets, this bet tracker has many charts you can browse once you put your first data in. The process of adding your bets is nicely handled via "Bet Log" tab.
3. F* Unit Betting Template
Available via Google Sheets, it seems very complex at first, but after using it for a while, you'll master it fully. The nicest feature is the month-by-month overview and the leagues' column - you can use it to track, for example - the NFL bets you got from our NFL Previews 🤓 🏈.
The most advanced and complete option is to design your own spreadsheet, which requires some technical knowledge. If you are interested in creating one yourself, then continue reading to understand the key factors you need to include in your own spreadsheet.
Organize your data in a spreadsheet
Now that you've got a system for tracking your bets, it's time to get organized. The easiest way to do this is with a spreadsheet. A good spreadsheet will help you keep track of the basics: how many bets you've made, what each one was, and how much money was on the line.
You may also want to include other details such as when/where/how much each bet cost, who you're betting with, who won and lost each match, whether or not there were any injuries involved (which affects odds), etc.
Make sure that whatever system you set up makes sense for your needs—you might end up tweaking it over time after trying out different ways of doing things. I've found that having my own personal sheet has been helpful because I prefer writing things down rather than typing them into an app or website.
What to put into your spreadsheet
The key to looking good at sports betting is knowing how much you're winning or losing.
To track your bets, simply create a spreadsheet with all of your betting statistics.
Some important things to include in your spreadsheet are:
cumulative win/loss totals by sport and game type (straight up, parlay)
average bet size over time (this will tell you if you're getting greedy or not)
Use formulas to calculate betting numbers
Spreadsheets are great for keeping a record of your betting progress. You can use formulas to calculate betting numbers, ROI, and expected value.
Use charts to visualize data
Charts are a great way to visualize data. They're easy to understand, and they can be used to compare different sets of data. They also make it easy to track progress over time.
Here are a few tips for using charts:
never use more than three different variables on a single chart. If you do, it will be too hard to understand what the data is telling you.
use charts that are easy to read and understand. This means not only choosing the right type of chart but also ensuring that it's formatted correctly.
We hope this article has given you some ideas on how to track your sports betting progress with spreadsheets. The first step to being successful is knowing what information you need and where to look for it.
Once you have the data, organize it in a spreadsheet so that it’s easy for you to analyze whether to bet on your next betting signals.
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