Why is chasing a bad idea?

[jeffthehat1]

I really think you guys are over thinking with the math. It's very simple to win using a chase. It just takes a system that has worked over many years and has some sort of parameters which make it a winning system.

[zec]

Good post. However, considering the fact that we know that a system loss will occur in the future, would there be a way to mathematically prepare for it?

For instance: after 100 units won, save up 10 units, and restart the chase at 90 units. Then, when you double that number at 180 units, you save up 18 units (thus 10%), and restart the chase at 162 units.

Then, when a loss occurs, you restart the chase with the units that you saved up previously. Could it work?

You can't predict when it will happen if you assume that the quality of your bets is about the same. It can happen on the first try or never but probabilty parameters tells us the likelihood of it happening within a certain period of time. I don't like the chase system, but best of luck to those who engage in it. Hope you win!

[keel44]

Chasing is not all that bad. I have some threads in the past with different methods of money management. The best way is to "press" your chases. You need to take advantage of the fact that you win many chases in a row.

http://forum.sbrforum.com/nba-basketball-betting/2743164-chase-within-chase-press-system.html

http://forum.sbrforum.com/baseball-betting/2423214-keel44s-hard-rockin-system.html

http://forum.sbrforum.com/baseball-betting/2395400-system-idea-baseball.html

Read these over for some interesting ideas.