Long gone are the days when football betting was considered to be a game of luck. With time and the advancement in the statistical data analysis tools, betting has become more of a science that requires proper data analysis tools (aka BetBallers) and attention from the bettor to reap suitable results. As a result, an essential aspect of the statistical analysis of football data is tracking your bets. This article will guide you about the importance of tracking your football bets, the elements you need to track, and the factors that you must consider while tracking your bets. So let’s start.
To Stay Organised
Staying organised in betting is extremely important in the modern era of football betting. Understandably, a person in betting will not be dealing with one bookmaker. In fact, as a bettor, you will be dealing with multiple bookmakers to maximise your chances of winning. Now, this is extremely natural that you can’t remember all your bets and which ones are with certain bookmakers. As a result, keeping track will help you keep a useful record of the bookmakers that are proving beneficial for you and the ones that are not.
Keep Track of Your Money to Improve your Competitiveness
Similarly, keeping track of your money gives you a good idea about the amount that you have already spent on a team, league, match or bookmaker. Furthermore, keeping track of your money will always give you an edge over your competitors since having all your track record at your fingertips will prove beneficial in the crucial moments during a football game.
Maximise Profits by Defining your Betting Strategy
Moreover, with proper tracking of your bets, you can define a crystal clear betting strategy that will help you maximise profits. In case you still want to try your luck and go about betting without a clear betting strategy, then you will end up losing more money and repeating the same mistake over and over again. Whereas, if you will keep a record of your bets and define a strategy based on the statistics of your betting, then you will be at an advantage and will be able to maximise your returns.
How to track your bets?
Now comes the all-important question of the methods available in the market to track your bets and which one will suit you the best. If you are a classic guy and want to work with a pen and paper, then you need to update yourself. This is because betting has become increasingly competitive over time. And now, you cannot go down searching manually for an entry that you made on a specific date. Instead, you can use the fundamental tools like a spreadsheet or if you want specially designed bet tracking software that can intelligently analyse your past bets.
Use the Tipit football tipping platform with your BetBallers account to track your bets. Just register an account on Tipit, generate a token, and paste it into the “Tipit token” field on the account page. Another option is to use other powers of our football analysis tool like writing notes, adding games into a favourites list, and filter notifications by results. You can set up custom notifications and later filter results by date, league, or market (Asian Handicap, Goal line, Asian Corners). The given filtering panel gives you a chance to learn from bets that lost and lower a chance of making the same mistakes over again.
Factors to look at while tracking bets?
Next, the data that you should ideally keep a record of are as follows:
- Betting Date
- The Event of Bet
- The Odds
- Bookmaker Name
Keeping track of all these factors will create useful data entry points for you to enter into when searching for a specific bet. Furthermore, these factors will also help you in determining the trend of your betting strategy and the weak areas that you need to improve. For instance, if you will notice that during a specific time of the year, a football team that you had bet for in the past had performed poorly, then you will be able to pick up the trend that the team might not be performing well because of the weather conditions during that time of the year. Similarly, you will be able to pick up a lot of other performance trends of the teams when you review the record using these data points.
Moreover, the bookmakers and the odds they set also are of importance when maintaining a record of your bets. This data will help you in determining the authenticity of each bookmaker and the profit that you can earn by going with or against the odds. By the way, each match on our football statistics analysis tool has the Odds tab where we list most popular bookmakers and their odds for the given game through the game until the end.
Another interesting suggestion in this regard is colour coding your outcomes and stakes for a better analysis that you can make at a glance. For example, mark all your positive results with green and the negative ones with red. This will help you determine your performance at a glance over the past few days. The same colour-coding system is being used on the Tipit platform, as well as on the notifications panel.
Summing up, keeping track of your bets is extremely important in the modern-day betting realm. As a result, you can either get the football data software like the BetBallers and Tipit are to keep track of your bets or maintain your betting spreadsheet on any software like Ms. Excel. But a great football bettor knows that it is worth to invest in a football statistics tool like BetBallers to increase a chance of winning a pre-game or in-play bet.
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