The Importance of Keeping Betting Records
Keeping of your sports betting online Singapore acitivities is important if you want to succeed as a bettor. Although it's a fairly easy task, you want to make sure you get the details right. Not doing so can hurt your chances of winning.
A good betting record will show you your wins and losses. It will also help you determine which areas are profitable for you. By tracking your bets you can also find out if you're making the most of your money. This will help you decide if you should cut down on your bets or continue to bet.
A basic betting record should include the horse's name, the date and time of the race, the amount you wagered and the finishing position. The more comprehensive your record is, the better.
The best way to keep records is to use a spreadsheet. Microsoft Excel can be a useful tool for this. You can enter information into the spreadsheet as you place your wagers. This makes sorting easier and quicker.
The most obvious reason for keeping a betting record is to improve your performance. It's also a good idea to keep a record if you're a casual bettor. Having a clear picture of your bankroll can allow you to restrategize and recoup lost money.
Keeping a record can also help you remember which bets are worth the effort. When you do a comparison of your record to your betting plan you can find out which areas are worth the risk. This will help you to avoid making mistakes in the future.