Posted Thursday, May 13, 2010 10:11 AM
Taken from blog.trackthebet.com
TracktheBet.com is a sports betting analytics company that enables users to manage their wagers with multiple reports, graphs and alerts...
Bet tracking software has sprung up online over the past couple of years and now is the time to take advantage if you are a sports bettor. Back in the day, players used good old fashioned pencil and paper to track their games; Wins on the left, Losses on the right and a tally to keep track of how much you were up or down. Then came Excel and players took their tracking to the next level, using equations and algorithms to update their Profit and Overall Record. The bettor might have used columns to separate Teams, Bet Placed, Amount Risked and Profit.
Nowadays sports bettors have applications and software to assist with their sports bets and most don’t take advantage. Stock brokers have feeds and piles of data that allow them to choose the right stocks. Consumers login at banking websites and receive statements based on their spending. What’s the difference between those users and a sports bettor trying to gain an edge? All three are managing money, but for some reason, analyzing sports wagers seems to be a daunting task or a waste of time in the minds of some bettors.
Now, we still may be years away from having online gambling legalized and regulated, but players should still understand where their money is going and... [More]