chase betting question ?

[hillardoh]

Can anyone here claim that they are chasing bets and that there bankroll is honestly growing without losing their whole bankroll? Chasing bets sounds like b.s. that does not work. Im not sure.

[IrishTim]

Read this thread: http://forum.sbrforum.com/handicappe...series-ev.html. It's a great success until you lose your entire bankroll.

[floridagolfer]

It can be done. I'm sure of that. Too many people don't have the patience to stay the course over the long haul.

[durito]

It can be done. I'm sure of that. Too many people don't have the patience to stay the course over the long haul.

No.

[IrishTim]

It can be done. I'm sure of that. Too many people don't have the patience to stay the course over the long haul.

It can work if you're finding +EV bets, but there are way easier ways to make money if you have positive expected value than martingale.

[LT Profits]

It can work if you're finding +EV bets, but there are way easier ways to make money if you have positive expected value than martingale.

^^^ This.

[LLXC]

It can be done. I'm sure of that. Too many people don't have the patience to stay the course over the long haul.

With an unlimited bankroll, sure.

[Peeig]

I would love for someone to post a running blog on their martingale experience.............I love car crashes

[BET THE HOOK]

I tried a few chase systems last baseball systems that a few guys were running on Covers but they always seem to fail when you jump on board so I stick to what I like now and do much better.

[floridagolfer]

You don't need an unlimited source of funds, but determining a proper stake in relationship to your budget is vital.

[gman2114]

martingale works when you bet against your own picks vs on your picks.
rock solid

[BigdaddyQH]

I am sure that occasionally the system has worked. I am also sure that occasionally someone will have a large wager on Snakeeyes or Boxcars on a crap table and hit that too. The odds are about the same.

[man3645]

There are safer ways to make the same money bud!

[Peregrine Stoop]

a fun exercise is always to backtest a chase system doing the exact opposite chase in theory

you'll find they are just glorified martingales

[Steeve]

Floridagolfer hit the nail on the head. The vast majority of my wagers are on "chase," or series, bets. I have been doing it for about a year and a half now, and am still doing very, very well.

The keys are to properly manage your wagers vs your bankroll, AND not try to outsmart the system. Stick to the system religiously (as long as it's a good one) and you will get paid.

[durito]

No

[G's pks]

Can anyone here claim that they are chasing bets and that there bankroll is honestly growing without losing their whole bankroll? Chasing bets sounds like b.s. that does not work. Im not sure.

yes

[IrishTim]

yes

Yes what? Sure you might be making money using martingale but you're going to lose it all soon enough.

[johncrud]

Floridagolfer hit the nail on the head. The vast majority of my wagers are on "chase," or series, bets. I have been doing it for about a year and a half now, and am still doing very, very well. The keys are to properly manage your wagers vs your bankroll, AND not try to outsmart the system. Stick to the system religiously (as long as it's a good one) and you will get paid.

Are you talking about the famous JM system?

[twister]

Find me a person that has been using a chase system for 10 years and I will find you someone who has an overall chase profit/loss in the red.

[TodayIsForgotten]

Can anyone here claim that they are chasing bets and that there bankroll is honestly growing without losing their whole bankroll? Chasing bets sounds like b.s. that does not work. Im not sure.

Try it once. Get it out of your system.

[Steeve]

Find me a person that has been using a chase system for 10 years and I will find you someone who has an overall chase profit/loss in the red.

After using one for a year and a half, I just don't see it. I have had losses, but because I went into it assuming they would happen (managing my bankroll), they never wiped me out.

With the system I use, I ALWAYS forecast one series loss per season. On those occasions where I have no loss, it's a bonus.

If you can't make one work, it's because you overbet and risk too high a percentage of your bank, or you don't stick to the system. Period.

[johncrud]

yep it is the john morrison system alright. his system success began 1.5 year ago.. this is when the era of the chase begins..

[Hybris]

Use a positve progression instead. Much more fun.

[Ruifgalmeida]

as it was said before making money is about the odds and not the money, so if you want to make money you have to find value the rest is all BS , I dont do flat beating, but if you want to be a pro that is the way to go

[aggieshawn]

pro's only flat bet the same amount each time?

[durito]

pro's only flat bet the same amount each time?

no

[pimike]

pro's only flat bet the same amount each time?

No way.

[Steeve]

Since no one else offered to explain the above alternate strategies, here is what I found:

http://krigman.casinocitytimes.com/article/how-progressive-betting-affects-your-chance-of-staying-in-the-game-5530

[PAPSMEAR]

chasing = street dweller

[Sawyer]

I'm not a big fan of chases but Chase Systems are very efficient in Baseball, if you limit your chases

[reno cool]

You don't need an unlimited source of funds, but determining a proper stake in relationship to your budget is vital.

as long as you intend to ultimately only win a small % of your bankroll. That is, you're a dog to ever double your $.

But almost anything can work, and sometimes will.

[G's pks]

I'm not a big fan of chases but Chase Systems are very efficient in Baseball, if you limit your chases

Yes to this...

[Ruifgalmeida]

The biggers handicapper i know flat beating, unless you have the hability to make lines you are better of flat beating