Three versions of the spreadsheet are available: basic, standard and advanced. All three versions are free. A Google Sheets betting tracker is also available. The worksheet tracks your betting history and provides performance data with numerous filters as well as a summary graph. There are seven worksheets as described below: Introduction — provides an introduction to the spreadsheet along with input instructions Settings — contains the worksheet settings for betting agencies, sports categories, bet types, tippers, etc.
Deposits — input sheet for deposits and withdrawals Bets — data entry sheet for your betting activity Available Funds — lists your credit levels for each bookmaker Performance Summary — interactive worksheet that summarises your betting performance. The standard and advanced versions enable you to track how frequently you beat the closing odds, while the advanced version also enables you to track tipper performance separately from your own. Provides detailed performance insights to help you track your betting performance.
This enables you to measure how frequently you beat the closing odds. Because not all teams are equal in skill, oddsmakers use spread betting to level the playing field. The point spread is quickly becoming part of the mainstream sports conversation, used in sports betting as the great equalizer when it comes to comparing teams. In baseball, the spread is called the run line, and in hockey, it is called the puck line. The handicap Oddsmakers closely examined both of these teams and determined that the game would likely be decided by a point.
They assigned a handicap of 1. The addition of the 0. It is simply meant to avoid the possibility of the result ending on the exact number since half-points are not possible in major sporting competitions.
The favorite The oddsmakers have deemed that Kanas City is more likely to win the match, so they have made them the point spread favorite in this matchup. Bettors can identify the point spread favorites by the minus - in front of their handicap. Above, Kansas City has a handicap of For a point spread bet on Kansas City to win, the Chiefs need to win the game by more than one point.
Even if they win by just one point, this bet would lose. The underdog If oddsmakers believe the Chiefs are the likely winners, that makes the San Francisco 49ers the likely losers and, therefore, the point spread underdogs. To win this point spread bet with the 49ers, San Francisco would need to win the game outright or lose by one point exactly.
If they lost by two points or more, this bet would lose. The vig For many wagers with handicaps, sportsbooks assign a second set of odds that serves as the price of placing the bet. These prices are known as the vig or the juice. For our example above, the sportsbook assigned of vig of to both the favorite and the underdog. Covering the spread Kansas City ended up winning that Super Bowl The point margin of victory was greater than the Which team will cover the spread? The first thing you need to decide on is which team you think will cover the spread.
Do you want to lay the points by betting with the favorite or do you want to take the points by betting with the underdog? Why does the point spread change? The point spread, like all sports betting markets, is an active market.
Oddsmakers can and will move the spread based on a number of factors, including: Which side professional bettors are wagering on The amount of money taken in on one side of the spread versus the other Breaking news that relates to the game injuries, weather, etc. What does mean? You also need to understand how odds work in point-spread betting. This is called the vig short for vigorish or the juice. It is a price that the sportsbooks charge to bet into this market and is similar to the rake in poker.
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