StrategyGlossary
Profit and loss tracking
Also known as: P&L, Bet tracking
The discipline of recording every bet (date, stake, odds, market, result, P&L) in a spreadsheet or app, then reviewing aggregate performance over time. Foundational for any serious punter: without records, recall is biased toward wins and skill assessment is unreliable. Yield, ROI, and CLV can only be measured retrospectively if the bet log exists.