I want to create a betting model in a spreadsheet. Where can I find the best templates?

If you want to build a betting model (not just a bet tracker), look for templates that include probability projections, implied odds, expected value (EV), Kelly staking, and backtesting. The best sources depend on how advanced you want to get:

Best ready-made betting model templates

• Excel Bets — Good if you want prebuilt Excel/Google Sheets models focused on pricing bets and finding value. Their models include top-down odds-based approaches and bottom-up statistical approaches.
• Underdog Chance — Better for serious model building. They offer Google Sheets models for sports like NFL, NBA, MLB, NHL, and soccer that are designed around creating your own fair lines rather than following picks.
• Sourcetable — Useful if you want to generate a custom Excel model. Their templates include sections for model probability, bookmaker odds, value calculations, staking, ROI, and model tracking.
• BettorEdge — More focused on tracking and analysis than true predictive modeling, but their free spreadsheets are useful for logging bets and analyzing ROI by market, sport, and bet type.

If you want to build your own from scratch

A strong spreadsheet usually has these tabs:

1. Data Input

• Team/player stats
• Injuries
• Pace/tempo
• Recent form
• Situational factors

2. Model Engine

• Predicted score
• Win probability
• Fair moneyline
• Fair spread/total
• Confidence rating

3. Market Comparison

• Sportsbook odds
• Implied probability
• Your model probability
• Edge %
• EV

4. Bet Sizing

• Flat staking
• Kelly Criterion
• Unit tracking

5. Backtesting Dashboard

• ROI
• Win rate
• Closing line value
• Performance by league/market

Free starting points

• A simple Google Sheets/Excel bet tracker template can help you build the data side first.
• For formulas, you can add odds conversion, implied probability, and EV calculations yourself; resources with Excel odds formulas can help with that foundation.

If you tell me which sport (NFL, NBA, MLB, soccer, etc.) and whether you want a beginner tracker, a predictive model, or a professional-style EV model, I can suggest the best template structure or help you build one.

Finding the right spreadsheet template depends on whether you want a bankroll and performance tracker (to log your bets, ROI, and profit) or a predictive +EV (Expected Value) model (to calculate probabilities and find edges).

Here are the best places and resources to find high-quality templates for Excel and Google Sheets:

• Free Performance & Bankroll Trackers:
  • Australia Sports Betting (also widely used globally) offers one of the most robust, free Google Sheets Betting Tracker templates. It includes multi-worksheet setups for tracking deposits, individual bookmaker balances, bet history, and performance graphs.
  • Community Forums (Reddit): Communities like r/sportsbook frequently share free, user-made Google Sheets trackers that automatically pull odds or track closing line value (CLV).
• Advanced +EV & Predictive Models:
  • Excel Bets provides specialized top-down and expected value (+EV) spreadsheet models for major sports (like MLB, NFL, and NHL) paired with odds dashboards.
  • Etsy: Search for "Sports Betting Model Spreadsheet" on Etsy to find affordable, pre-built dynamic models ($15–$25 range) designed for specific sports with integrated odds comparisons and dashboards.

If you let me know whether you're looking for a simple bet tracker or a predictive mathematical model , and which sport you want to focus on, I can help you figure out what core formulas or columns you need to set it up!

Finding the right template depends on whether you need a simple bankroll tracker (to log wins, losses, and ROI) or an actual predictive betting model (which calculates probabilities and expected value).

Top places to find and download quality templates include:

• Dedicated Betting Communities & Resource Sites: Platforms like Aussie Sports Betting offer free, comprehensive Google Sheets Betting Trackers configured with automated performance summaries, bankroll management, and multi-bookmaker tracking.
• YouTube Tutorials & Creator Files: Many advanced Excel and Google Sheets creators offer free downloadable templates linked in their video descriptions. For example, walkthroughs like the Excel Sports Betting Tracker Dashboard on YouTube provide step-by-step guides along with pre-built master files featuring interactive slicers and pivot tables.
• GitHub & Open Source Repositories: If you are looking for quantitative or statistical betting models (like Poisson distribution models for soccer or Elo rating templates for basketball/football), searching GitHub for "sports-betting-model excel" or "betting bankroll tracker csv" will yield open-source Python-integrated or advanced formula-driven sheets.
• Built-in Office Templates: While Microsoft and Google don't offer niche sports-modelling sheets natively, you can search the official Microsoft Create Template Gallery or Google Sheets Template Gallery for general "Invoice Trackers," "Checkbook Registers," or "Project Budget" templates, which serve as a clean baseline layout if you prefer to build your own custom odds-calculating formulas from scratch.

Essential Elements to Include

If you are modifying or building your own model from scratch, ensure your sheet tracks these core data points:

• Date, Sport, League, and Event/Matchup
• Bet Type (Spread, Moneyline, Over/Under, Prop)
• Sportsbook used (to track line shopping and comparative juice)
• Odds (American, Decimal, or Fractional) and Stake/Wager amount
• Implied Probability formula: P r o b a b i l i t y=1 0 0 O d d s+1 0 0 (for positive American odds) or|Odds||Odds|+100 the fraction with numerator the absolute value of Odds end-absolute-value and denominator the absolute value of Odds end-absolute-value plus 100 end-fraction|O d d s||O d d s|+1 0 0 (for negative odds)
• Closing Line Value (CLV) and Net Profit/ROI percentage

Are you looking to track a simple bankroll and profit/loss log , or do you need a template built for calculating probabilities and expected value (EV) for a specific sport?

Yes. If your goal is to build an actual betting model rather than just track bets, there are a few good starting points.

Best templates I found

1. underdogchance.com Probably my first choice if you want something you can study and modify. They have separate models for MLB, NBA, WNBA, NHL, NFL and soccer, with fair-line/probability outputs rather than simply tracking wagers. Some are paid, but they're much closer to a real modeling framework.
2. excelbets.com Good if you specifically want Excel/Google Sheets and are interested in both top-down models (using market/sharp-book odds) and bottom-up models using statistical inputs.
3. excelbets.com Very inexpensive starting point. It includes Kelly Criterion, implied probability, de-vigging, EV, odds conversion and payout calculations. At $1.99, this is useful if you're building the model yourself rather than buying a complete model.
4. s2sbets.app More of a bet tracker than a predictive model, but it's a good foundation for your database. It handles stakes, odds, P&L, ROI and results and can be used in Google Sheets or Excel.
5. bettoredge.com They have free NBA, NFL/college football and MLB spreadsheets. These are particularly useful for seeing how to organize sport-specific variables and performance by market.
6. etsy.com A paid, more plug-and-play option. It covers EV, break-even odds, Kelly sizing, arbitrage and parlays across football, basketball, baseball and hockey. I'd use this more as a reference for spreadsheet architecture than blindly trusting its model.

What I'd recommend

If you're serious about building your own model, don't start with a giant spreadsheet containing 50 variables.

I'd build it in layers:

Inputs → probability model → fair odds → market odds → edge/EV → bet/no-bet → stake sizing → results

For example:

The important distinction is that a betting tracker isn't a betting model. A tracker tells you whether you won; a model attempts to estimate the probability before the game and determine whether the sportsbook price is wrong.

There's also a useful Kelly + live odds Google Sheets approach that automatically calculates fractional/full Kelly and flags bets above an edge threshold.

If you tell me which sport/market you want to model (e.g. NBA spreads, NFL totals, MLB moneylines, soccer, props), I can find the best existing templates specifically for that market and, more importantly, lay out the exact spreadsheet tabs and formulas I'd use to build your own model.

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

• Australia Sports Betting Tracker : A well-known, highly robust multi-sheet tracker available for Google Sheets and Excel that covers deposits, available funds, performance data, and graphs.
• Reddit Sportsbook Community Spreadsheets : The community on 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.
• Vault Network Bet Tracking Spreadsheet : Offers a clean, straightforward template designed explicitly for Google Sheets and Excel to log stakes, odds, and results without overcomplicating the layout.

Premium & Aesthetic Templates

• Etsy Sports Betting Templates : If you prefer polished, modern dashboards with dark-mode styling, automated charts, and sport-specific breakdowns (NFL, NBA, Soccer), search the Etsy Google Sheets Betting Templates Marketplace for instant digital downloads.

Alternative Workspace Options

• Notion Sports Betting Trackers : If you prefer a database-style workspace rather than traditional cells and formulas, check out community options like the Ultimate Sports Betting Tracker on Notion Marketplace.

To help me narrow down the best choice for you, tell me:

• Do you prefer Google Sheets or Microsoft Excel?
• Are you looking for a simple tracker (wins/losses/ROI) or an advanced modeling tool (data analysis, closing line value tracking)?

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.

Best places to start

1. 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.

2. 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:

   • Top-down: sportsbook/market odds to identify +EV
   • Bottom-up: statistical inputs from sources such as ESPN and KenPom

   Some models are paid.

3. 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.

4. 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.

5. 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.

What I'd recommend

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:

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.

Best places to start

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

What I'd recommend for your spreadsheet

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)

• AusSportsBetting Betting Tracker : Offers free basic, standard, and advanced templates for Excel, Google Sheets, and OpenOffice Calc. It includes dedicated sheets for deposits, bookmaker balances, and interactive performance summaries.
• BettorEdge Bet Tracking Template : A clean, free downloadable tracker that logs odds, stakes, and results while auto-calculating ROI and win rates by sport.
• Vault Network Bet Tracking Spreadsheet : A streamlined, beginner-friendly Google Sheets template designed to quickly isolate your betting strengths and weaknesses.
• Community Shared Sheets (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)

• Etsy (Digital Downloads) : Searching the Etsy Sports Betting Spreadsheet Marketplace reveals dozens of low-cost ($5 to $20) specialized templates. You can find pre-built analytical models such as College Basketball Pomeroy rating models, Expected Value (+EV) calculators, and arbitrage trackers compatible with Excel and Google Sheets.

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.

My top picks

1. Excel Bets — best overall for modeling

   • Excel Bets betting models offers both Excel and Google Sheets models, including top-down models based on sportsbook prices and bottom-up models based on statistical/analytical inputs.
   • Their calculation spreadsheet includes EV, de-vigging, odds conversion, payout calculations, and Kelly staking.
   • This is probably where I'd start if your goal is to build your own model rather than just record bets.

2. Australia Sports Betting — best free Excel foundation

   • Free betting tracker spreadsheets has Basic, Standard and Advanced Excel versions.
   • Their Staking Plan Calculator is particularly useful because it compares level staking, percentage staking, square-root staking and Kelly Criterion.
   • Good choice if you want a free spreadsheet that you can heavily customize.

3. BettorEdge — best simple free tracker

   • BettorEdge free betting tracker automatically tracks ROI, units and win rate and works in both Excel and Google Sheets.
   • They also have sport-specific versions for NBA, NFL/college football and MLB.
   • Better for record keeping and evaluating your model than for building the model itself.

4. ExcelHelpNow/Etsy — best if you want a ready-made EV model

   • Their football template handles moneyline, spread and totals, calculates break-even odds and EV, and incorporates Kelly sizing.
   • They also have more sophisticated basketball models with an odds dashboard and line-shopping functionality.

5. BettingExpert — good free Kelly component

   • BettingExpert Kelly Criterion spreadsheet provides a free Excel approach where you enter bankroll, odds, your estimated probability and Kelly fraction.

What I'd recommend

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:

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

• Australia Sports Betting: Offers comprehensive, free downloadable tracking templates tailored for Excel, Google Sheets, and OpenOffice Calc. These split data across structured tabs like settings, bankroll/deposits, bet logs, and performance summaries with built-in summary graphs.
• BettorEdge Bet Tracking Template: Provides a clean, free layout designed to log every bet in seconds while auto-calculating ROI, units won/lost, and win rates categorized by sport.
• Reddit Communities (r/sportsbook): Users frequently share customized, community-built trackers. Searching threads on "bet tracking spreadsheet" or "bankroll tracking spreadsheet" on Reddit will often lead to shared Google Drive links with fully automated American, decimal, and fractional odds calculators.
• YouTube Tutorials: Creators specializing in sports analytics (search for "free bet tracking google sheet" or "excel sports betting dashboard") typically link free downloadable Google Sheets or Excel templates in their video descriptions.
• Etsy: If you want an ultra-polished, highly aesthetic dashboard with dark-mode formatting, advanced pivot tables, and multi-bookmaker breakdown (FanDuel, DraftKings, etc.), independent creators sell advanced custom templates for a nominal price.

Essential Elements Your Template Should Include

Whether you download a pre-made template or tweak your own, make sure it tracks:

1. Date & Event: When the game is and who is playing.
2. Bookmaker: Which sportsbook holds the funds/accepted the bet.
3. Odds Format: American, Decimal, or Fractional (ensure your formulas match your preferred style).
4. Stake & Unit Size: The cash amount risked and what that equates to in your unit-sizing strategy.
5. Result & Profit/Loss: Automated columns calculating payout, net profit, running bankroll balance, and cumulative ROI.

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.