In our previous article, we explained how to perform a good match analysis. From now on, you need to be rigorous in following up your sports bets. In other words, you have to learn how to manage your bankroll properly. Indeed, it is very important to monitor its bets in order to make further progress. In this new advisory article, we will see together the reasons why such follow-up is necessary, but we will first explain how to proceed.

What is meant by regular monitoring of its sports bets and how to proceed?

To follow up on his bets is to list all his prognosiss in the same place in a table for example. On Excel, it is very easy to build this type of tableau and it takes no more than 5 minutes! First, we'll have to start with list in a 1st table all your bets as in the example below:

This first table will list all the prognosis you have made in the month (January 2016 in the example). At each prognosis are associated a date, a sport, a match etc... to find it more easily. We will see later what the usefulness of this table is.

In a second time, we'll have to realize a 2nd summary of bets of the month with more technical data as below:

In this table, we will sort of summarize all the forecasts of the month in order to have a global vision. We will find some interesting data like Bankroll evolution, ROI and % success For example. In the following paragraphs, we will also detail the usefulness of this second table.

But then why manage his sports betting?

If you want to advance in sports bets and optimize your chances of winning more often, it is simply essential to do a regular follow-up of his bets.

In the 1st table where will be listed all your predictions 1 by 1, you will be able to highlighting important information which will help you in your future choices. For example, at a glance, you can see the type of bet (simple or combined) that works best or the type of prognosis that gives you the most profitability. Also, you have the opportunity to know which championship(s) or team(s) you are best at. This is a help not to underestimate and this table will allow you to do not repeat the few mistakes that you could have done before.

In the 2nd table, you will be able to establish a real management of your bankroll. You have the opportunity to see if you are in profit or loss. Similarly, you have an overview of your ROI (Return on Investment). It is calculated as follows: ROI = Benefit (OR) Losses / Investment (= Total bet) *100. If the latter is positive, everything is fine. On the other hand, if it is negative, it might well be that your betting method is not the best and it would be wise to try to change technique.

In summary, these 2 tables will be very useful for you to get an overview of all your bets. They will allow you to highlight positive points,avoid errors already made and manage your bankroll. By doing this, you should significantly improve your chances of winning in the long term. Of course, this type of table will have to be rigorous and done month after month to produce an overall balance sheet at the end of each season.

Pour conclure, nous serions ravis de savoir si vous aussi, vous faites un suivi régulier de vos paris et si oui, quelle est votre méthode. Faites-nous part de vos suggestions et questions en commentaires.

Dans un prochain article, nous vous conseillerons sur les types de paris à éviter et au contraire, ceux qu’il faut privilégier.