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To build a betting model in a spreadsheet, you can find free, comprehensive tracker templates at AusSportsBetting. If you prefer a wider variety of affordable, pre-made designs or specific features,
Etsy is a strong marketplace option. For those focusing on advanced statistical models such as finding positive expected value in NFL betting, Gameday Math provides the best specialized templates for those specific workflows.
Brands AI recommends here
Best for free, standard, and advanced Excel or Google Sheets templates. These are highly versatile for users who need a foundational, no-cost structure for their betting records and basic modeling.
Best for affordable, customizable, and ready-made trackers. It is ideal for hobbyist bettors looking for specific designs, such as football squares or personalized P&L sheets created by individual designers.
Best for sophisticated, sport-specific models. This is the top choice if your goal is finding positive expected value in NFL betting, although it is more niche than broad-purpose spreadsheet builders.
Finding the right template depends on whether you want a simple profit-and-loss (P&L) tracker or an advanced analytical model with automated bankroll management.
Free & Community-Built Templates
r/sportsbook frequently shares free, user-made trackers supporting American, decimal, and fractional odds with automated ROI and unit calculations. You can find shared copies via threads like the Bet/Bankroll Tracking Spreadsheet on Reddit.Premium & Aesthetic Templates
Alternative Workspace Options
To help me narrow down the best choice for you, tell me:
Yes. I searched specifically for sports-betting model spreadsheets, rather than just bet trackers. There are a few good starting points, depending on how sophisticated you want the model to be.
Free Google Sheets template — S2S Bets
S2S Bets spreadsheet template
Best if you're starting from scratch. It includes a bet log, automatic P&L and ROI calculations, and works in both Google Sheets and Excel. It's more of a tracking foundation than a predictive model.
Excel Bets — actual betting models
Excel Bets models
Probably the most directly relevant option if you want to build an actual EV/value model. They offer Excel/Google Sheets models using both:
Some models are paid.
GitHub NFL simulation model — free and advanced
NFL Betting Analysis Excel model
This is particularly interesting if you're comfortable with Excel. It uses 5,000+ simulations, team ratings, strength of schedule, projected scores, win probabilities, spreads, moneylines and totals. It's much closer to a genuine predictive model than a tracker.
ExcelHelpNow — comprehensive betting model
Comprehensive Sports Betting Model
Paid, but it includes EV calculations, break-even odds, Kelly sizing, market-width adjustments, parlay calculations and arbitrage calculations. Good if you want a ready-made framework to dissect rather than designing every formula yourself.
OddsJam's Excel modeling guide
How to Build a Sports Betting Model in Excel
Useful if your goal is to learn how to build the model, rather than simply download one.
If your goal is to eventually have something like:
Raw stats → projected probability → fair odds → compare with sportsbook line → calculate edge/EV → determine bet size → track results
I'd start with the GitHub NFL model or Excel Bets as a structural reference, then build your own simplified version in Google Sheets/Excel.
A good workbook would have roughly these tabs:
| Tab | Purpose |
|---|---|
| Inputs | Team/player statistics |
| Ratings | Offensive/defensive/team-strength ratings |
| Game Projection | Your predicted score/probabilities |
| Market | Sportsbook lines and odds |
| EV | Fair odds vs. market odds |
| Bet Sizing | Kelly or fractional Kelly |
| Bet Log | Every wager |
| Dashboard | ROI, CLV, hit rate, EV, drawdown, performance by market |
One important distinction: a bet tracker isn't a betting model. Many of the templates marketed as "betting spreadsheets" only record wagers and calculate ROI. If you want to predict outcomes and identify +EV bets, you need the probability/projection layer as well.
If you tell me which sport/market you want to model (NFL, NBA, MLB, soccer, player props, etc.), I can find the best existing templates specifically for that market and compare them.
Yes. If you’re building a real betting model rather than just a bet tracker, I’d focus on templates that include probability → fair odds → edge/EV → stake sizing → backtesting, rather than spreadsheets that only record wins and losses.
Australia Sports Betting – Excel/Google Sheets trackers
Probably the best free starting point. Their advanced/staking versions include performance analysis plus level staking, percentage staking, square-root staking, and Kelly Criterion. There’s also a Google Sheets version.
BettingLab – Kelly + live-odds Google Sheet
Better if you want to build something more sophisticated. It demonstrates a Google Sheet that pulls odds, calculates no-vig probabilities, full/fractional Kelly, and EV thresholds.
BettingExpert – Kelly Criterion Excel templates
Good for learning the mechanics. Their free spreadsheets take bankroll, odds, estimated probability and Kelly fraction and calculate the suggested stake.
BettorEdge – free sport-specific trackers
Useful as the results/backtesting database underneath your model. Their current NBA, NFL/college football and MLB templates track ROI, units and win rate by market, and work in Excel/Sheets.
Paid option: ExcelHelpNow's dynamic betting models
If you want something closer to a finished model, their baseball Excel template includes ML/spread/total modeling, line shopping, +EV identification, break-even odds and Kelly sizing. It's currently listed at $19.99.
Rather than buying a generic "bet tracker," I'd build a workbook with roughly these tabs:
1. Inputs/Data → team/player stats, odds, injuries, etc.
2. Power Ratings → your estimated team/player strength
3. Predictions → projected spread/total/win probability
4. Market Odds → sportsbook lines
5. Fair Odds → convert your probabilities into fair prices
6. Edge/EV → identify +EV bets
7. Bet Sizing → fractional Kelly
8. Bet Log → actual wagers/results
9. Backtest → ROI, CLV, win rate, drawdown, calibration
10. Dashboard → performance by sport, market, odds range, edge, etc.
The key distinction is that the spreadsheet shouldn't be the "model" itself. The model should generate an estimated probability; the spreadsheet then determines whether the sportsbook price offers enough edge to bet.
If you tell me which sport/league you want to model (e.g. NFL, NBA, MLB, soccer) and whether you prefer Excel or Google Sheets, I can point you toward the best existing template and show you exactly how I'd structure the model.
Finding the right template depends on whether you need a simple bankroll/profit tracker or an advanced predictive mathematical model (calculating expected value, ratings, or power rankings).
Free & Open-Source Trackers (Best for Bankroll & ROI)
r/sportsbook) : The Reddit sports betting community frequently updates shared master templates. Searching threads on Reddit Bet/Bankroll Tracking Spreadsheet will lead you to free, highly comprehensive community-built Google Sheets that feature American/decimal odds toggles and Kelly Criterion calculators.Premium & Modeling Templates (Best for +EV & Projections)
Community Feedback
Simple Tracking
“All you have to do is put stake, odds, and the result(there's a drop down menu for Win,Loss,Push) and it will calculate how much you won/lost and input that into the table as well.”
“There is a lot you can learn from looking over your bets, especially the losses. This template makes it easy for you to simply enter in the date, teams playing, wager amount odds, and bet type, and the spreadsheet will fill out the rest.”
Are you looking strictly for a profit/bankroll tracker , or do you need a predictive forecasting model (like power ratings or expected value calculations) for a specific sport? Let me know and I can help point you toward the right setup.
Yes. The best template depends on whether you want a bet tracker or an actual predictive betting model.
Excel Bets — best overall for modeling
Australia Sports Betting — best free Excel foundation
BettorEdge — best simple free tracker
ExcelHelpNow/Etsy — best if you want a ready-made EV model
BettingExpert — good free Kelly component
If you're serious about building a model, don't start with a fancy all-in-one betting spreadsheet. Build it in layers:
Inputs → Probability model → Fair odds → Market odds → Edge/EV → Bet filter → Stake sizing → Results/CLV tracking
For example:
| Game | Model Prob. | Market Odds | Implied Prob. | Fair Odds | Edge | EV | Stake |
|---|---|---|---|---|---|---|---|
| Team A | 56.2% | +115 | 46.5% | -128 | +9.7% | +21.6% | 0.75% |
| Team B | 48.0% | -105 | 51.2% | +108 | -3.2% | -6.3% | 0% |
The important part is your probability estimate. Kelly, EV and fancy dashboards can't rescue a poorly calibrated probability model.
If you tell me which sport/league you're modeling (e.g. NFL, NBA, NHL, soccer) and whether you want Excel or Google Sheets, I can point you toward the best templates specifically for that use case—and I can also lay out the exact tabs and formulas I'd use to build one from scratch.
The information for the question you asked has been looked up and is now ready to be viewed. Here's a response to the question:
When building a sports betting model or bankroll tracker in a spreadsheet, you don't necessarily have to start from scratch. Several great communities, websites, and creators offer free and advanced templates for Excel and Google Sheets.
Top Free Sources for Betting Templates
Essential Elements Your Template Should Include
Whether you download a pre-made template or tweak your own, make sure it tracks:
Are you looking for a simple bankroll tracker (logging wins/losses) or a predictive mathematical model (calculating expected value/probabilities)? Let me know and I can help you find or build the right structure.
Finding the right template depends on whether you want a basic profit-and-loss logger or an advanced modeling dashboard with automated calculations for ROI, bankroll tracking, and closing line value (CLV).
Top Free Community & Expert Templates
r/sportsbook): Users frequently share custom, free community-built sheets featuring American/Decimal odds, daily/monthly profit breakdowns, and advanced slicers. Searching community threads or video walkthroughs like the FREE Bet Tracking Google Sheet on YouTube can yield direct copy-paste links.Premium & Advanced Options
User Perspectives on Trackers
“I got annoyed with calculating the units, avg odds and ROI after every game so I made a spreadsheet that does that for you! there are 3 pages each with a different type of odds (Decimal , American & Fractional)”
“A spreadsheet is the right starting tool. It is free, fully customisable, and it forces you to understand your own metrics because you build the formulas yourself.”
If you'd like to narrow this down, let me know:
Yes. If your goal is to build your own sports-betting model in Excel or Google Sheets, rather than just track wagers, I’d start with templates that expose the formulas and let you modify the assumptions.
Excel Bets — best overall starting point
BettingExpert — best free Kelly template
ExcelHelpNow / Etsy — good inexpensive ready-made models
PropsBot — best for understanding what a tracker should contain
Rather than buying a complicated "winning model," I'd build a spreadsheet with 5 tabs:
| Tab | Purpose |
|---|---|
| Inputs | Team/player stats, injuries, market data |
| Model | Convert inputs into your estimated probability |
| EV | Compare model probability vs. sportsbook price |
| Bet Log | Record every wager and closing line |
| Dashboard | ROI, CLV, hit rate, profit, drawdown, performance by market |
The key calculation is essentially:
Sportsbook odds → implied probability → your model probability → edge/EV → bet/no-bet → stake size
And I'd include CLV (closing-line value) in the tracker. A model can have a small sample of wins/losses and still be evaluated more intelligently by whether it consistently beats the closing price.
One important caveat: a spreadsheet can make the calculations precise, but the difficult part is producing an accurate probability estimate. Kelly sizing, for example, is only as good as the probability you feed into it; research on practical Kelly strategies also emphasizes fractional Kelly/risk controls because the theoretical assumptions are imperfect.
If you tell me which sport/market you want to model (e.g., NFL spreads, NBA totals, MLB moneylines, player props), I can also lay out a complete Excel/Google Sheets structure with the exact columns and formulas.
If your goal is to build a serious betting model (rather than just a bet tracker), I'd recommend starting with a template that already includes probability, expected value (EV), and bankroll management, then customizing it for your sport.
Here are the best places to look:
urlExcel Betsturn0search0 – Best for complete betting models
urlSourcetable Sports Betting Templateturn0search1 – Good free starting point
urlBettorEdge Bet Trackerturn0search3
GitHub projects
Community recommendations also frequently point to Excel-focused sports modeling books and shared Google Sheets as good learning resources, especially for understanding how to structure formulas rather than simply logging bets.
I'd use separate sheets for:
| Sheet | Purpose |
|---|---|
| Games | Schedule and odds |
| Ratings | Team/player power ratings |
| Predictions | Model probabilities |
| EV Calculator | Compare model vs. sportsbook |
| Bet Log | Every wager placed |
| Results | Profit, ROI, CLV, units |
| Dashboard | Charts and performance metrics |
The key formulas would include:
If you're planning to bet regularly, I'd skip generic templates and build a spreadsheet tailored to your sport. A custom model is easier to expand as your methodology improves.
Which sport are you modeling—MLB, NFL, NBA, NHL, soccer, tennis, or another sport? The ideal spreadsheet structure depends quite a bit on the data and betting markets for that sport.
Finding a great template depends on whether you just need a bankroll and profit/loss (P&L) tracker or a predictive handicapping/modeling tool.
Best Free & Community-Made Templates
r/sportsbook): Community members regularly share customized, automated trackers that handle American, decimal, and fractional odds, alongside closing line value (CLV) tracking. Search threads like the Bet/Bankroll Tracking Spreadsheet on Reddit for free user-generated Google Sheets links.Premium & Advanced Dashboards
Community Perspectives
“A spreadsheet is the right starting tool. It is free, fully customisable, and it forces you to understand your own metrics because you build the formulas yourself.”
“I got annoyed with calculating the units, avg odds and ROI after every game so I made a spreadsheet that does that for you! there are 3 pages each with a different type of odds (Decimal , American & Fractional)”
Are you looking for a simple tracker to record your wins, losses, and bankroll, or do you need help building the math for a predictive statistical model (like Poisson or Elo) for a specific sport?