explain chasing bets

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  • hillardoh
    Restricted User
    • 09-08-09
    • 510

    #1
    explain chasing bets
    can someone explain chasing bets to me. Some are for this then theres others that say no way youll lose your bankroll. I guess it could work? not sure
  • Hybris
    SBR MVP
    • 07-22-09
    • 1023

    #2
    Just dont chase...

    Its bad for your Heart and wallet
    Comment
    • Blargh
      SBR High Roller
      • 04-20-08
      • 241

      #3
      You keep increasing your bets after each loss to win your losses back plus your original amount to win. For even odds, bets will double after every bet lost. Loss 5 in a row and your are betting 32 units to winback the 31 you lost plus a profit of one unit. Lose the 6th bet and your down 63 units.
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      • 20Four7
        SBR Hall of Famer
        • 04-08-07
        • 6703

        #4
        I"ve had incredible streaks. to think you can't lose 3 in a row is just wrong. I've had 0 for 15 stretches and then gone 18 and 2. Thinking you can't lose more than xxx in a row is a recipe for disaster.
        Comment
        • G's pks
          Restricted User
          • 01-01-09
          • 22251

          #5
          Chasing involves more than just doubling bets... It also involves picking the right teams to chase...and yes can be successful... How about a season long chase that worked by picking the right teams and adjusting your betting style? Click on that blue link in my signature and view the baseball season and also some personal picks that easily left me on the plus side...

          Chasing involves a ton of discipline and following of rules... Is it dangerous extremely! Do I recommend it...no.... But those who say chasing cannot work...are incorrect... But I would not do it until you have a big enough bankroll and completely understand money management... My chase did not involve the continuous doubling of bets... It was a chase based on betting small...staying small...and even expecting chase losses...
          Last edited by G's pks; 11-04-09, 11:13 AM. Reason: spelling
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          • G's pks
            Restricted User
            • 01-01-09
            • 22251

            #6
            Originally posted by 20Four7
            I"ve had incredible streaks. to think you can't lose 3 in a row is just wrong. I've had 0 for 15 stretches and then gone 18 and 2. Thinking you can't lose more than xxx in a row is a recipe for disaster.
            As far as streaks go...great separate topic.. I think my longest streak was 12 games in the nba years ago...and cleared over 3,000... Remember I do not bet big or pretend to.

            My longest losing streak around 7.

            This year longest winning streak 7, losing streak maybe 4-5...
            Comment
            • shantystar
              SBR Hall of Famer
              • 11-13-05
              • 7299

              #7
              blargh is right
              Comment
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