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Why Tracking Your Bets and CLV is Crucial for Sports Betting Success

Chris Galligan
4 min readJun 29, 2023

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Are you tired of losing money while sports betting? Have you ever wondered why some bettors seem to have a winning streak while others constantly bleed money to the bookmakers? The answer lies in tracking your bets and understanding the concept of Closing Line Value (CLV). In this article, we’ll delve into the importance of tracking your bets, how you can do it effectively, and why CLV can be a game-changer in your sports betting journey.

The Significance of Tracking Your Bets

Most bettors overlook the importance of tracking their bets. It may seem like a time-consuming task, but it’s crucial if you want to know whether you’re a winning or losing bettor. Tracking your bets allows you to analyze your performance, identify patterns, and make informed decisions for future bets.

Let’s take a moment to understand why tracking is so vital. Consider this scenario: you place a bet with +300 odds, which means you only need to win 25% of the time to be profitable. However, without meticulous tracking…

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Chris Galligan
Chris Galligan

Written by Chris Galligan

I love writing about Sports Betting, Business, and Technology. Check out Oddsjam for 7 Days FREE https://oddsjam.com/?ref=chrisgalligan

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