In this free Excel video lesson, we’ll learn how to create a Sports Betting Management template sheet in Excel.
This free betting management template is perfect for tracking your bets and improving your sports betting strategy.
To build this spreadsheet in Excel, we’ll need to use several essential tools, formulas, and functions, such as: MONTH function, YEAR function, IF function, advanced IF formulas with multiple criteria or results, conditional formatting to automatically color cells or entire rows based on their values, dropdown lists (also called data validation, option lists, or selection boxes), formatting positive numbers in green and negative numbers in red, calculating gross profit and net profit in Excel, creating or formatting a table, SUBTOTAL function, and slicers to filter data interactively with clickable buttons.
This sports betting management spreadsheet is completely free. You can follow along with this free Excel tutorial, learn how to create it, and end up with your own bankroll management spreadsheet. It’s a tool designed to help you effectively manage your betting bankroll in Excel.
With this spreadsheet, you’ll be able to track the amount invested in each bet, the odds, and whether the result was Win Green, Loss Red, or a Draw Yellow. You can also include additional outcomes like half-Green or half win, half-Red or half loss, or refund.
You can add various criteria for possible outcomes. Plus, the spreadsheet will provide information such as gross returns, net returns, profit, and, in the final column, the current bankroll value.
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