Study to become a pro and track your bets with a spreadsheet.

[Hispo]

Keeping a dedicated spreadsheet for betting can be an advantage indeed, when comes to studying one journey through the world of sport-bettting. The only downside I see from having and keeping a dedicated spreadsheet is the possibility of them to encourage people to always be in green numbers and always to try to make money out every single bet they have put on the table, eventually it could all devolve into chasing losses.
One first need to make a spreadsheet exclusively dedicated to track one's personal finances and budget before jumping onto making a sheet to bet in sports, and only allow one to partake in betting if one's monthly income allows it.

I am yet to use spreadsheets for keep track of my performance, I will start doing it when the time of the next Football world cups comes in.

[Su-asa]

Tracking your bets can actually be a very good strategy that can help you get some Profits in sports betting, sometimes after losing a bet it's important to take note of the mistake you made and try to use a different approach on the next bet. Just like you said it's best to pick a league you win from more often. Personally, I love betting on a single league, focusing on a particular league will give you more leverage over the market because you aren't Making too many selections that might result to a lost bet. Sports betting can't be a career but you can mitigate your losses by studying the market.

[Zigabel]

Keeping spreadsheets makes me feel like I'm not having fun honestly because at that point it begins to turn like a professional thing were by it can be considered a job but I actually wanted to gamble for fun and not to gamble because I wanted to make too much money of it, it's for me some kind of fun that at times I get paid off it but for those who see it beyond this they will need to keep track so they can be able to make the best of gambling and make as much profit as possible.

But spreadsheet will not guarantee any form of winning but will only help you probably make some advancement such that you can be able to readjust your strategy when need be.

[Promocodeudo]

Good one. This is just keeping your betting record in a spreadsheet format easy to be tracked and checked, but it's all a long process for me to be doing at every point in time. It's time-exhausted, but it's effective. Unless I want to turn gambling into a full-time job (not possibly thinking about that), I don't think I will gather up that courage to kill the laziness in me to start taking records when my brain is already enough notepad for me.

Gambling is what it is, I think it will be better for us not to take things too extreme, unless we are keeping the gambling records to track the amount we have lost so far, personally I don't even see any need for that, though I have heard people say they make much money for sustenance from gambling but am skeptical about such statements though I know gambling as a luck stuff which means that your winning practically depends on your luck level not what you think you know about gambling.

It's laughable to even think that people can actually be a pro in gambling through studying and having a betting record in a spreadsheet, don't we think that the result of today may not be the result of tommorow, let's assume that our record says team A has beaten team B in the past how are we sure that such will repeat itself presently, what if team B is currently in a good form compared to team A does it mean that the betting records will come as we it used to be before.
I watch a match recently between Monaco and angers, I betted on manaco to win based on the record that exist between the two teams but to my greatest surprise angers won that match with just 1:0 against Monaco, so what can we say in this case, for me i think there are things we don't need to bother ourselve about because we can't determined the outcome so keeping record in a spreedsheet wouldnt make any difference or hinder what must be.

[Nrcewker]

Keeping records is always the best option. We need to understand that now a days, data is the real wealth. So yes, many rich people already follow this trick to manage their expenses. They consider gambling as one of their expenses as well. Now, as a normal gambler who does moderate gambling, managing an Excel sheet with data can be too much hassle, but this will eventually help the user to do sensible gambling and that too by following a limit. I myself don’t keep records, as I do sports betting mainly and that too occasionally. But managing the date can really help to understand the importance of money and the way you are spending it on each bet.

[salad daging]

I've thought about saving bets on a spreadsheet but laziness keeps me from doing this, after all I don't want to be a professional in gambling this is part of the fun so there is no need for data to be recorded, the important thing is to bet according to your ability and be ready to lose.

But again this will make me know the overall total bet, what if I lose more and the money comes out? Of course I will be surprised to see it, therefore I will not do this and to see the statistics it is enough in the casino.

[KTChampions]

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.

I agree with this. If we play for fun, then firstly, statistics are not particularly important to us, and secondly, we ourselves know what we can see there (based on our favorite odds).
If we play for money, then most likely such statistics will be insufficient (depending on the strategy we play).
In general, I'm interested in analyzing the history of my bets and looking at the number of won/lost outcomes (excluding the bet amount), but I'm too lazy 

[Slow death]

In my case, I bet on sports just for fun. Of course, I try very hard to get most of the bets I make right. But I don't like to keep track of my profits and losses, and I only bet on specific leagues. I avoid betting on leagues that I don't know or that are difficult to predict the results of. I also like to bet on certain teams, only when I see that the teams I like won't be in a good position to win or score many goals or concede many goals. Then I choose other teams that I see I have a good chance of getting right. I also don't intend to become a professional bettor.

[Text]

This is great advice for newcomers who are passionate about sports betting and want to become pros. A spreadsheet might seem boring at first, but that data will be valuable later. I think it will help you identify where you excel and where you need to rein in your bets. Personally, using this might seem tedious for me since I’m not that serious about it. I don’t have a real bankroll because I only play when I feel like it and, of course, just for fun.

[Oasisman]

I think this best applies to those who are a serious sports bettors who doesn't want to miss a single detail and always be on track. However, for the majority of the sports bettors including me, we don't bother doing these stuff, considering that we've got a lot of work to do in a daily basis and so we are just enjoying the sport that we love the most while adding thrill to the game by placing bets.
This is not a bad idea though, especially for someone who's really into sports betting analysis. They could use this for monetization purposes over the internet using different kind of social media platform.

[Fortify]

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.

What are the benefits of tracking your bets?

1. You can find what bet types you excel at.  By tracking your bets, and grouping the data by bet type (spreads, totals, moneylines, props, parlays, teasers) you can quickly find out what types profit you the most, and which ones cause you to lose your bankroll to the books.

2. Learn what leagues you profit from the most. This is a big one, and although you probably have a good idea of what leagues you're best at, grouping your bet data by league can greatly improve your chances of figuring out exactly what is causing those wins on your NFL bets, and causing those big losses for NHL bets, for example.

3. Spot any favoritism or biases you have.  I spoke with a semi-pro bettor named William after the 2020-21 NBA season. Will told me that after the season, he broke all his tracked bet data down by team and compared it to the research he had done before he placed each bet. He realized that there were at least 15 times he lost a bet where his research had pointed him to bet on one team, but his favoritism caused him to bet on the opposite team!  Crazy right?  Think of all the biases that could be keeping you from making the right decisions.

4. The ability to follow your money.  By this I mean knowing where your money is going, where you are putting the most in, where you are losing the most, and what areas you are profiting the most

So, sports bettors, has it ever crossed your mind to keep a spreadsheet?

Most people placing bets know deep down that they are losing money consistently over time, the bookmakers simply aren't interested in allowing people who are consistent winners and if you an account ever turns profitable for a customer across many bets, then they are likely to "gub" it or make it so you can only place tiny bets in future. What you're most likely to see, after you construct that seemingly elaborate spreadsheet setup is that you are red across the board long term or would be lucky to approach break even. If you are placing sport bets, just enjoy watching the game with a bit more of a buzz and avoid thinking you can beat the bookmakers who specialize and put a lot of resources into accurately picking the odds.

[Coyster]

So, sports bettors, has it ever crossed your mind to keep a spreadsheet?

This has never, ever crossed my mind and now that you have posted about it here, i still would never do it. This might be a good idea for people who invest a lot of time into gambling, or those who believe in superstition or a pattern in gambling, i don't. IMO, luck plays a larger part if you are to successfully win in gambling, so there would be no need of me creating this table, i'd do the best i can in putting my games together with what i have in my head.

[BABY SHOES]

I've thought about saving it to a spreadsheet but it hasn't been realized yet... There is still a sense of laziness to do it but I want to try it.

Suppose I want to bet on the favorite team in singles and record all bets in the spreadsheet for 1 season I want to know how the profit is obtained... I mean more lose or win just want to know that.

I don't know... when this will start, I honestly want to try this method.

[$crypto$]

Keeping records is always the best option. We need to understand that now a days, data is the real wealth. So yes, many rich people already follow this trick to manage their expenses. They consider gambling as one of their expenses as well. Now, as a normal gambler who does moderate gambling, managing an Excel sheet with data can be too much hassle, but this will eventually help the user to do sensible gambling and that too by following a limit. I myself don’t keep records, as I do sports betting mainly and that too occasionally. But managing the date can really help to understand the importance of money and the way you are spending it on each bet.

Recording your monthly expenses in a spreadsheet may be good especially for financial management so that it can be better known but for gambling I don't do any records, because in the principle of gambling is betting by being ready to lose means you have to be fully responsible.

Why not record gambling this is not a job, this is not to make money so there is no need for any records to see for me it is not necessary.
We know gambling for fun is the same as throwing money at gambling.

[Smartvirus]

Without having to argue about the results from data analysis and having a spreadsheet that defines just about the niche and how much you’ve spent on gambling, including that which is profitable to you or not, gambling sites keeps these stats for you. There is always a win, lose and unsettled bet statistics on your bet history. It comes with filters and it’s easy to just having to analyze that if it’s of any importance to you.

Also, subconsciously, if you’re a consistent gambler, you don’t need statistics to tell you what niche is more favorable to you or where you excel more at. You would know, just having to recall even while considering your lost accumulator bets.

[Jaycoinz]

Taking your time to learn about the leagues you profit from is a very good strategy in sports betting that can give you leverage over the market. To excel in sports betting you must take out your Time to study the market and do proper analysis. Keeping tracks with your bets can actually be a good way to learn from your mistakes. I always make a lot of Profit when I focus only on Spanish league, my main option is just to pick under 2.5 on just carefully selected games and my profits are quite higher than my losses. Studying can indeed make you a pro.

[Ever-young]

The majority of the replies I'm reading here don't like the idea of this data keeping either due to how time-consuming it appears to be or how confusing the data is already showing based on the screenshot shared. 
 
Well, to start with, it will be a waste of my time to say that I'm going to save up the time. I don't have to take a record of each bet, the amount of time, what type of game I played, and the end result of the game.
 
This appears like a full-time job, and with all this process, it's going to be profit-based only gambling; there will be no fun in between the times that should be used to enjoy the normal game. The times you are using to calculate, if it will help to reduce spending, that's fine, but if it's because of a check and balance between winning and losing, I don't consider it necessary.

[Aanuoluwatofunmi]

Snipped

We can try to keep track record of our gambling activities, but things doesn't end there because there is more expected of us to work on and do, if we must have a change in what we used to see, then keeping record is not the only way forward, but making changes by running a check on the strategy and pattern to how we are gambling, analyze the bets and available games on each match, when all these have been fulfilled, then we may also see how consistent are we towards checking/tracking your bet, some gamblers like to keep a track while some detest for that because they see it discouraging.

[Moreno233]

This idea is a who lot of job and something that will be difficult to implement but if actually applied could be very helpful. To be honest, I don't see myself doing this because of the time it will take me and for the fact that analyzing different matches and sporting events is already a who lot of time consuming job. Gambling is not the only thing I do and if I add this to my gambling, which is like record keeping, other things will suffer lack of attention like some are already doing as the football season approaches the peak. I only track my spending on gambling to ensure it is not much of a burden on me, this is enough for me for the moment.

[AliMan]

This is more interesting to have trackings on every bets, I think having spreadsheet is definitely a big for analyzing several trend of sport betting. Becoming a pro with gambling is always having huge possibilities to achieve, it needs a long process and there's no shortcut for it. In this strategy, I believed you could gain future benefits like quick reference and reliability.