I've got one of these. Easy to use. Just plop it down, unlock the laser, and it emits a plumb line, and level line. Point it at the speaker just a few inches away and measure high and low on the stat panel to get the difference at a known distance. For example, if you measure two points separated by 24", then, when the top measurement point is back from the bottom measurement point by 7/16", it is a few ticks over 1º of rake. A difference of 7/8" is 2.09º, 1-1/4"=2.98º so it's right at about 3º, and so on.
Here are examples of degrees to inches conversion when using 2' rise (the vertical part of the equation) if you want to know what the degree of rake is, or what you want to aim for:
1.06º = 7/16"
2.09º = 7/8"
2.98º = 1-1/4"
4.01º = 1-11/16"
5.06º = 2-1/8"
These measurements are close enough. But a dimension that's much closer to 1º is 27/64", which actually equals 1.01º. So just use 27/64" and multiply by however many degrees you want, then convert to an easier number more commonly seen on rulers. More precision than is needed, but fun to know.
I just measure the offset from plumb, match both speakers, then tweak that with a flashlight from my seat to get the reflection at the same height by eye.