To keep in control of your betting activity and assess whether your initial betting goals are on track, you should always keep a record of the bets you have placed. This is an approach taken by professionals and casual gamblers alike as it makes sense to use betting records to ascertain what areas they are profitable in as well as other analysis. .
Unless you have a phenomenally good memory with which to store and recall such information, you should keep detailed betting records. Initially, you should record as much information as possible; you can always discard superfluous information in future versions of your records. Some suggested items that you record are:
The total sports betting handle for January was $326.9 million, easily eclipsing the previous high of $284.6 million. The previous record was set in December 2020, and there was an increase of more than 14 percent, setting the stage for what should be a huge year. Pro MMA Betting are specialists in betting on Mixed Martial Arts and boxing. Please find below direct links to all tips placed by Pro MMA Betting. We use BetMMA to third party track all MMA/UFC tips, and Betting gs to third party track all boxing tips and boxing/MMA/UFC parlays.
Because of the built-in formulas that can help remove the tediousness of the work, and the possibility of reusing your existing experience, many people choose to use MS Excel for their record keeping. For those who may bet on devices in multiple locations, it may be worth looking at a cloud solution such as MS One Drive or Google Drive, so you can access and update your records from any device. You may prefer to start from scratch or adapt an existing spreadsheet. If you are just starting off with record keeping, there are a number of example spreadsheets available to download on the web. Here's an example of one. An Excel spreadsheet that contains macros but is fairly straightforward:
The best approach is to spend a few minutes every day updating your records, rather than letting it build up to such an extent that it becomes too burdensome a task. The motivation for keeping records should increase when your records begins to provide you with clear insights into your gambling.
When analysing your losing bets, do you see any patterns developing? Is it a certain market type or sport that you are consistently losing on? If this is the case, your records can help you decide whether to eliminate this from your betting activity, or to persevere with it, albeit proceeding with caution. Try turning the data for a particular betting strategy into a chart to give you a visual depiction of what's going on. The chart will zig-zag, as losses are inevitable, however is the overall trend over time upward or downward?
Similarly, by analysing your winning bets do you see a type of betting activity that shows a consistent winning pattern and should you be devoting more funds to it? Be dispassionate, did bets win because you implemented your edge or were they simply fortuitous and should be discounted as 'noise'.
Decide when and how often to analyse your records. For example you might pick 100 bets as your initial and subsequent bet review increment. It may be that you decide to look at them on a monthly basis. You need to have placed sufficient bets to give patterns time to develop but leave it too long and the more damage a poor strategy can do to your bank balance.
An alternative to using a spreadsheet to keep your betting records is to use the data provided by the betting operator or betting exchange. At bet.me, we provide in-depth records, charts and betting tools and we offer the ability to download your betting data to get full visibility of your trading activity. At-a-glance, you can see your profit and loss, commission generated and much more from bets placed on the bet.me exchange. Other betting exchanges may provide something similar but to obtain it, you may have to request this via phone/e-mail or within the My Account section of their platform.
If it ultimately increases your profit by highlighting your most successful strategies, record keeping will turn from a chore to a way to maintain your edge.
The bet.me exchange provides free, easy to use charts to help you understand your betting activity on our exchange, as well as giving you the ability to download your data to a spreadsheet for further analysis. You can keep up to date with the latest developments for bet.me by signing up to our mailing list at Sign Up
Yes, you. We're always looking for new authors. If you've got great articles/news that will be of interest to our readers and help to move our betting exchange forward, we would love to hear about them. Our aim is to bring readers a fresh perspective on all things betting. We want your article to be at its best. Once accepted, you'll get extensive feedback from our team.
What to Know
- Another month, another sports betting record in New Jersey. The state's gamblers wagered more than $931 million on sports in November, the latest in a string of monthly records set by a rapidly growing market that's closing in on the $1 billion-a-month mark.
- It was the fourth month in a row that New Jersey set such a record.
- Atlantic City's casinos, the three horse tracks that offer sports betting, and the state's robust internet gambling industry saw nearly $289 million in revenue in November, a figure that does not include money bet on horses.
New Jersey gamblers wagered more than $931 million on sports in November, the latest in a string of monthly records set by a rapidly growing market that's closing in on the $1 billion-a-month mark.
Figures released Monday by the state Division of Gaming Enforcement show New Jersey's sports betting industry set a national record for the most money bet on sports in a month for the fourth consecutive month.
Ats Betting Records
It easily surpassed the $803 million that New Jersey gamblers bet on sports in October.
Sports
Download our mobile app for iOS or Android to get alerts for local breaking news and weather.
Atlantic City's casinos, the three horse tracks that offer sports betting, and the state's robust internet gambling industry saw nearly $289 million in revenue in November, a figure that does not include money bet on horses.
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That represented a 5.6% decline from November 2019, before the coronavirus pandemic, when casinos were operating without restrictions. The nine casinos are currently operating at just 25% of capacity and must stop serving food and drinks at 10 p.m. under state mandates designed to help slow the spread of the virus.
'The resurging public health crisis drove down business in Atlantic City during November,' said James Plousis, chairman of the New Jersey Casino Control Commission. 'I applaud all of the properties for their continued diligence in adhering to the Governor's mitigation directives for the safety of their employees and guests. As I regularly tour the properties, I've been pleased to see the continuing efforts that are being taken to maintain a clean and safe environment.'
Vegas Dave Betting Record 2017
The in-person casinos are seeing their revenue fall significantly amid the restrictions. Revenue from slot machines and table games inside the nine casinos was $146.5 million in November, down nearly 35% from a year earlier.
Hard Rock was up more than 32% to $34.6 million. The Ocean Casino Resort was up 5.2% to $23.7 million.
Declines ranged from 3.2% at Golden Nugget ($35.1 million) to nearly 55% at Caesars ($12.8 million.)
Internet gambling continued to be a bright spot for Atlantic City's casinos, providing nearly $92 million in revenue in November, an increase of nearly 87% from a year ago. Without that money the casinos' finances would have been hit even harder.
Online gambling has continues to grow in New Jersey and elsewhere during the pandemic as some gamblers prefer to take their chances from a phone or laptop rather than in person.
Two internet-only entities saw steep revenue gains in November. Resorts Digital was up 77% to $35.6 million, and Caesars Interactive-NJ was up nearly 76% to $8 million.
Despite the gaudy numbers, very little of the $931 million taken in by the casinos and tracks — called 'handle' — represented profit. After sports books paid off winning bets and related expenses, those millions worth of bets generated $50.5 million in revenue for the sports books in November.
About half of that went to the Meadowlands Racetrack in East Rutherford, near New York City, which saw $24.8 million in sports betting revenue for the month. It is affiliated with FanDuel for sports betting. Resorts Digital, which partners with DraftKings, saw $14.6 million.
Decide when and how often to analyse your records. For example you might pick 100 bets as your initial and subsequent bet review increment. It may be that you decide to look at them on a monthly basis. You need to have placed sufficient bets to give patterns time to develop but leave it too long and the more damage a poor strategy can do to your bank balance.
An alternative to using a spreadsheet to keep your betting records is to use the data provided by the betting operator or betting exchange. At bet.me, we provide in-depth records, charts and betting tools and we offer the ability to download your betting data to get full visibility of your trading activity. At-a-glance, you can see your profit and loss, commission generated and much more from bets placed on the bet.me exchange. Other betting exchanges may provide something similar but to obtain it, you may have to request this via phone/e-mail or within the My Account section of their platform.
If it ultimately increases your profit by highlighting your most successful strategies, record keeping will turn from a chore to a way to maintain your edge.
The bet.me exchange provides free, easy to use charts to help you understand your betting activity on our exchange, as well as giving you the ability to download your data to a spreadsheet for further analysis. You can keep up to date with the latest developments for bet.me by signing up to our mailing list at Sign Up
Yes, you. We're always looking for new authors. If you've got great articles/news that will be of interest to our readers and help to move our betting exchange forward, we would love to hear about them. Our aim is to bring readers a fresh perspective on all things betting. We want your article to be at its best. Once accepted, you'll get extensive feedback from our team.
What to Know
- Another month, another sports betting record in New Jersey. The state's gamblers wagered more than $931 million on sports in November, the latest in a string of monthly records set by a rapidly growing market that's closing in on the $1 billion-a-month mark.
- It was the fourth month in a row that New Jersey set such a record.
- Atlantic City's casinos, the three horse tracks that offer sports betting, and the state's robust internet gambling industry saw nearly $289 million in revenue in November, a figure that does not include money bet on horses.
New Jersey gamblers wagered more than $931 million on sports in November, the latest in a string of monthly records set by a rapidly growing market that's closing in on the $1 billion-a-month mark.
Figures released Monday by the state Division of Gaming Enforcement show New Jersey's sports betting industry set a national record for the most money bet on sports in a month for the fourth consecutive month.
Ats Betting Records
It easily surpassed the $803 million that New Jersey gamblers bet on sports in October.
Sports
Download our mobile app for iOS or Android to get alerts for local breaking news and weather.
Atlantic City's casinos, the three horse tracks that offer sports betting, and the state's robust internet gambling industry saw nearly $289 million in revenue in November, a figure that does not include money bet on horses.
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That represented a 5.6% decline from November 2019, before the coronavirus pandemic, when casinos were operating without restrictions. The nine casinos are currently operating at just 25% of capacity and must stop serving food and drinks at 10 p.m. under state mandates designed to help slow the spread of the virus.
'The resurging public health crisis drove down business in Atlantic City during November,' said James Plousis, chairman of the New Jersey Casino Control Commission. 'I applaud all of the properties for their continued diligence in adhering to the Governor's mitigation directives for the safety of their employees and guests. As I regularly tour the properties, I've been pleased to see the continuing efforts that are being taken to maintain a clean and safe environment.'
Vegas Dave Betting Record 2017
The in-person casinos are seeing their revenue fall significantly amid the restrictions. Revenue from slot machines and table games inside the nine casinos was $146.5 million in November, down nearly 35% from a year earlier.
Hard Rock was up more than 32% to $34.6 million. The Ocean Casino Resort was up 5.2% to $23.7 million.
Declines ranged from 3.2% at Golden Nugget ($35.1 million) to nearly 55% at Caesars ($12.8 million.)
Internet gambling continued to be a bright spot for Atlantic City's casinos, providing nearly $92 million in revenue in November, an increase of nearly 87% from a year ago. Without that money the casinos' finances would have been hit even harder.
Online gambling has continues to grow in New Jersey and elsewhere during the pandemic as some gamblers prefer to take their chances from a phone or laptop rather than in person.
Two internet-only entities saw steep revenue gains in November. Resorts Digital was up 77% to $35.6 million, and Caesars Interactive-NJ was up nearly 76% to $8 million.
Despite the gaudy numbers, very little of the $931 million taken in by the casinos and tracks — called 'handle' — represented profit. After sports books paid off winning bets and related expenses, those millions worth of bets generated $50.5 million in revenue for the sports books in November.
About half of that went to the Meadowlands Racetrack in East Rutherford, near New York City, which saw $24.8 million in sports betting revenue for the month. It is affiliated with FanDuel for sports betting. Resorts Digital, which partners with DraftKings, saw $14.6 million.
Monmouth Park Racetrack in Oceanport, near the Jersey Shore, saw $3.1 million in sports betting revenue, and the newest entry into the market, Freehold Raceway, reported nearly $144,000 in revenue in November. It has yet to launch its online sports betting operation in New Jersey; more than 80% of all sports betting is done online in New Jersey.