Simple Betting App

4/4/2022by admin

Simple Betting App Average ratng: 6,4/10 1459 reviews

Ever wondered how you are actually doing in sports betting?

Global sports betting is a $104 billion business.In the US alone, the sports betting black market is estimated to be anywhere between a conservative $2.5 billion up to more than $10 billion (for. It works by opening multiple betting accounts (including a Punter one at BetConnect) and making sure you use all the 'Free Bets' offers available. With BetConnect, you can match a Pro and back the same selection at the same price (or better elsewhere).

Just like tracking your finances can be an eye opening experience (I spent how much at restaurants last month?!), tracking your bets can shed some light on your performance.

Download the free sports bet tracking spreadsheet below to get started (available for both Excel and Google Sheets):

Bet Tracker Spreadsheet: Instant Insights

If you want to measure your performance and see where you are succeeding and failing, you need to track it.

With this free tool, you can see your performance broken down by various dimensions.

Have a great ROI on betting NBA 2nd halves? Getting solid closing line value on NFL point spreads? This spreadsheet allows you to answer questions like this and more.

How to use the spreadsheet

While the spreadsheet is pretty straightforward, I’d like to walk you through how it works.

How to track sports bets

Everything lives in the “Bet Log” tab. This is the only place information is manually entered. Once the data is entered there, all other tabs will automatically populate.

In the “Bet Log” tab, blue columns are required while red columns are optional. The more information you input, the more useful the spreadsheet will be.

Entering things like the closing line, while slightly annoying, will also be the most important to your success.

How to analyze performance

Each tab will have different graphs and tables that show your performance. The beauty of this is that you can filter the data by any dimension you like.

Any yellow cell is an “input” cell that can be changed. All of these are dropdowns that are pre-populated based on the information you enter in the Bet Log.

How to add more leagues and teams

To add new leagues and teams, you will do so in the “REF” tab. This tab holds all of the lookup information for the dropdowns throughout the spreadsheet.

Again, the cells available to modify are in yellow. You can add the following dimensions:

Leagues (ex: WNBA)
Teams (ex: Chicago Sky)
Tags (ex: 2nd half)

Bet Tracker Spreadsheet Metrics

Deciding what to track is important in determining how you measure success. The spreadsheet tracks the following key metrics:

Closing Line Value

Closing line value (CLV) is a measure of how much better or worse the odds you bet at were compared to where they closed.

If you believe the markets you are betting into are efficient (NFL point spreads, MLB moneylines, etc.), then CLV is a great predictor of long term success.

All you need to do is input the odds you placed your bet at as well as where the odds closed. Preferably you use a market making sportsbook like Pinnacle to decide what the “true” closing line was.

Profit

Profit is about as simple as it gets. Are you making or losing money?

While this is the “bottom line”, surprisingly it isn’t always predictive of long term success. Still, you will obviously want to see how much money you have made or lost.

ROI

This is what most people tend to look at. It is a measure of how profitable you are relative to how much you are risking.

While at the end of the day, the money in your pocket is what matters, this metric focuses more on results rather than process and is a measure of efficiency.

ROI isn’t as predictive of long term winning as CLV, but is useful to track to see where you stand.

Risk

This one is simple, yet will likely give you insights into where you are putting your money.

If you have a model, does it consistently value the Dallas Cowboys differently than the market? Thus making many of your bets on the Cowboys? Analyzing your risk by league/team/bet type can give you these types of answers.

Bankroll

Bankroll will track our running total of how much money you have in your accounts across all sportsbooks. You can also see this trended over time to help you see any changes in your betting strategy and how that has affected your bankroll.

It is very useful to see, at a glance, where your money lies. Is 95% of our bankroll at FanDuel? Maybe you should shift some to DraftKings.

Bet Tracker Spreadsheet Dimensions

Having these metrics available is important, but insights really come from slicing the data by different dimensions.

League/Team

Tracking your performance by league or team can give you clues into where your strengths or weaknesses are.

Do you watch every second of every New York Knicks game? Think you have an edge on Knicks games? You can find out using the spreadsheet.

Same goes for leagues. Do you follow NFL closely but use strictly numbers for NCAA Basketball? Compare the performance of the two and see what’s working.

Bet Type

Looking at performance by bet type can also shed some light on your process, especially if it is model driven.

Track your performance by the following bet types:

Spread
Moneyline
Total
Prop
Future

You can also use the “Tag” field to designate special types of bets. For example, if you want to see your performance on moneylines for NBA 2nd halves, you would put “2H” (or something similar) in the Tag field and “moneyline” in the bet type field.

Date

A common way to analyze performance is to look at metrics trended over time.

Look at any of the metric/dimension combinations above trended over any time period you’d like.

Want to see your performance over the last 14 days? Or how about the last 12 weeks? Both are possible here.

Google Sheets Sports Betting Tracker

The sports betting tracker is also available on Google Sheets. While the features are the same as the Excel file, Google Sheets has some notable benefits:

Available/online at all times
Can enter bets on your phone using the Sheets app
You don’t need to be at a computer to enter your bets
Google Sheets auto saves any changes
Allows multiple users to be in the sheet at the same time and make changes

Here is our list of the best sports betting apps for iPhone. Early on, bookmaker apps were really basic and didn't offer very many features. If you, wanted more functions than the ability to place a bet, you would have to go to the website. Nowadays, though, sports betting apps can offer news, tips, live scores, audio commentary, and live video streams of sporting events and horse racing.

20 Feb 2021, by Cherry Mae Torrevillas

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Wagering calculator built-in (standard and Dutch) and much, much more!!!

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Scores and Odds app review: a handy help for all your betting needs 2021

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What Is The Best App For Betting

Limited time matching bonus for new players
Real time coverage with live scoring
Bet on professional and collegiate sports
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Smooth interface, Simple Navigation, Loyalty Rewards

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Are you a sports bettor that fancies the ponies? Perhaps, you are just looking to start your sports betting journey into the world of horse racing. If yes, then check out 2minutes2post! This horseracing management system is designed to collect and analyze a wealth of horse racing information that can be very useful when looking to place bets. After the app analyzes the data, it will provide scores for the horses. This makes it incredibly easy for you to decide which horse to bet on. The app does all of the heavy lifting for you in creating a reliable horse betting system. It’s up to you to decide which horses to pick. There is an in-app purchase to access the full features of this app.

Analyzes a ton of horse racing information
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Covers all the races in the United States
A powerful horseracing management system
Easy to use, In-app purchase required

Best App For Sports Betting

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Monitor all of the lines and odds in real-time
A clean, simple, fast and reliable app
Track your bets, Real-time odds and lines
No banner ads, Free to download
In-app purchases for professional sports picks

Live Scores & Odds offers just that! This app offers real-time odds from 20 top sports books. You will be able to get live scores and odds for all NFL, MLB, MLS, NBA, NHL, EPL, and more. You can easily add any game to your list, which lets you view all their scores and odds all at the same time. The app currently offers lines from sportsbooks like Sportbet, Bovada, Pinnacle, Intertops, William Hill, 5 Dimes, and more. You'll also get access to free and paid picks from some of the top handicappers around. Check out our review for more details.

Lines from 20 sportsbooks
Add any game to your tracking list
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Lives scores and odds
Free with in-app purchases to upgrade or subscribe