How to Track Your Betting Results Like a Professional
As you might imagine, tracking your betting results is extremely important. Going even further, we could say that keeping score of your results is one of the most important things you need to be doing, in addition to betting money management. Only by keeping track of your betting results will you know exactly how much you are winning or losing. It's not enough to know that you're up from your initial bankroll 20% if in reality your your betting edge is in the minus. Meaning that while you have made some money with some bets, you're winning only less than 40% of your picks.
And additionally, while you might think that you remember all of your losses well, the reality is that our minds keep our wins in mind better than our losses.
So make sure to put your bets and number on paper or Excel sheet.
Sport/league, who's playing, date of game, odds, bet size, name of site/bookie, result. Obviously this can vary but you get the point. Just put down things that you feel you need to track all of your betting activity.
Have fun betting!
And additionally, while you might think that you remember all of your losses well, the reality is that our minds keep our wins in mind better than our losses.
So make sure to put your bets and number on paper or Excel sheet.
What figures to keep track of?
Sport/league, who's playing, date of game, odds, bet size, name of site/bookie, result. Obviously this can vary but you get the point. Just put down things that you feel you need to track all of your betting activity.
Have fun betting!
more in betting
Introduction to Betting Money Management
In the end of my previous post I mentioned the importance of your betting bankroll and your betting bankroll management, so let's dig deeper into the topic.
In the end of my previous post I mentioned the importance of your betting bankroll and your betting bankroll management, so let's dig deeper into the topic.
The Professional approach to Betting Investment
Betting could be considered a way of gambling or you could treat sports betting as an actual investment, which in perfect world it should be. And by professional approach I don't mean doing it full time but really just in a professional manner.
Betting could be considered a way of gambling or you could treat sports betting as an actual investment, which in perfect world it should be. And by professional approach I don't mean doing it full time but really just in a professional manner.
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