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04 / Put It into Practice

Tracking Your Profit

How to track bets, balances, withdrawals and real profit without losing your mind in spreadsheets.

7 min readLesson 21 of 30

Tracking your profit sounds boring.

It is also one of the things that separates people who stay organised from people who end up with money scattered across ten books and no clue what they have actually made.

What you need to track

  • Deposits
  • Withdrawals
  • Open bets
  • Settled bets
  • Free bets used
  • Promo profit
  • Current balances

Why balances can be misleading

If you have $800 sitting in a sportsbook, that does not mean you have made $800.

Some of that might be your original bankroll.

Some might be tied up in open bets.

Some might be profit.

You need to know the difference.

Where Edge Hunters helps

The Profit Tracker is built to stop this becoming a spreadsheet nightmare.

You can track where your money is, what you have made, and what still needs to settle.

That matters when you start using multiple books.

The key takeaway

If you do not track properly, you are guessing.

And guessing is exactly what we are trying to avoid.

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