chase betting question ?

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

    #1
    chase betting question ?
    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
    SBR Wise Guy
    • 07-23-09
    • 983

    #2
    Read this thread: http://forum.sbrforum.com/handicappe...series-ev.html. It's a great success until you lose your entire bankroll.
    Comment
    • floridagolfer
      SBR MVP
      • 12-19-08
      • 2757

      #3
      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.
      Comment
      • durito
        SBR Posting Legend
        • 07-03-06
        • 13173

        #4
        Originally posted by 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.
        No.
        Comment
        • IrishTim
          SBR Wise Guy
          • 07-23-09
          • 983

          #5
          Originally posted by 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.
          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.
          Comment
          • LT Profits
            SBR Aristocracy
            • 10-27-06
            • 90963

            #6
            Originally posted by IrishTim
            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.
            Comment
            • LLXC
              SBR Hall of Famer
              • 12-10-06
              • 8972

              #7
              Originally posted by 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.
              With an unlimited bankroll, sure.
              Comment
              • Peeig
                SBR Wise Guy
                • 02-06-08
                • 567

                #8
                I would love for someone to post a running blog on their martingale experience.............I love car crashes
                Comment
                • BET THE HOOK
                  SBR MVP
                  • 02-16-09
                  • 1947

                  #9
                  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.
                  Comment
                  • floridagolfer
                    SBR MVP
                    • 12-19-08
                    • 2757

                    #10
                    You don't need an unlimited source of funds, but determining a proper stake in relationship to your budget is vital.
                    Comment
                    • gman2114
                      SBR Sharp
                      • 10-20-09
                      • 418

                      #11
                      martingale works when you bet against your own picks vs on your picks.
                      rock solid
                      Comment
                      • BigdaddyQH
                        SBR Posting Legend
                        • 07-13-09
                        • 19530

                        #12
                        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.
                        Comment
                        • man3645
                          SBR Sharp
                          • 09-18-09
                          • 269

                          #13
                          There are safer ways to make the same money bud!
                          Comment
                          • Peregrine Stoop
                            SBR Wise Guy
                            • 10-23-09
                            • 869

                            #14
                            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
                            Comment
                            • Steeve
                              SBR Sharp
                              • 11-22-09
                              • 269

                              #15
                              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.
                              Comment
                              • durito
                                SBR Posting Legend
                                • 07-03-06
                                • 13173

                                #16
                                No
                                Comment
                                • G's pks
                                  Restricted User
                                  • 01-01-09
                                  • 22251

                                  #17
                                  Originally posted by 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.

                                  yes
                                  Comment
                                  • IrishTim
                                    SBR Wise Guy
                                    • 07-23-09
                                    • 983

                                    #18
                                    Originally posted by G's pks
                                    yes
                                    Yes what? Sure you might be making money using martingale but you're going to lose it all soon enough.
                                    Comment
                                    • johncrud
                                      SBR MVP
                                      • 04-06-09
                                      • 1322

                                      #19
                                      Originally posted by 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.
                                      Are you talking about the famous JM system?
                                      Comment
                                      • twister
                                        SBR Sharp
                                        • 09-09-08
                                        • 405

                                        #20
                                        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.
                                        Comment
                                        • TodayIsForgotten
                                          SBR Wise Guy
                                          • 06-19-06
                                          • 534

                                          #21
                                          Originally posted by 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.
                                          Try it once. Get it out of your system.
                                          Comment
                                          • Steeve
                                            SBR Sharp
                                            • 11-22-09
                                            • 269

                                            #22
                                            Originally posted by 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.
                                            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.
                                            Comment
                                            • johncrud
                                              SBR MVP
                                              • 04-06-09
                                              • 1322

                                              #23
                                              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..
                                              Comment
                                              • Hybris
                                                SBR MVP
                                                • 07-22-09
                                                • 1023

                                                #24
                                                Use a positve progression instead. Much more fun.
                                                Comment
                                                • Ruifgalmeida
                                                  SBR MVP
                                                  • 04-23-08
                                                  • 2024

                                                  #25
                                                  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
                                                  Comment
                                                  • aggieshawn
                                                    SBR MVP
                                                    • 01-24-07
                                                    • 4377

                                                    #26
                                                    pro's only flat bet the same amount each time?
                                                    Comment
                                                    • durito
                                                      SBR Posting Legend
                                                      • 07-03-06
                                                      • 13173

                                                      #27
                                                      Originally posted by aggieshawn
                                                      pro's only flat bet the same amount each time?
                                                      no
                                                      Comment
                                                      • pimike
                                                        BARRELED IN @ SBR!
                                                        • 03-23-08
                                                        • 37139

                                                        #28
                                                        Originally posted by aggieshawn
                                                        pro's only flat bet the same amount each time?
                                                        No way.
                                                        Comment
                                                        • Steeve
                                                          SBR Sharp
                                                          • 11-22-09
                                                          • 269

                                                          #29
                                                          Since no one else offered to explain the above alternate strategies, here is what I found:

                                                          Comment
                                                          • PAPSMEAR
                                                            SBR MVP
                                                            • 02-13-09
                                                            • 2581

                                                            #30
                                                            chasing = street dweller
                                                            Comment
                                                            • Sawyer
                                                              SBR Hall of Famer
                                                              • 06-01-09
                                                              • 7716

                                                              #31
                                                              I'm not a big fan of chases but Chase Systems are very efficient in Baseball, if you limit your chases
                                                              Comment
                                                              • reno cool
                                                                SBR MVP
                                                                • 07-02-08
                                                                • 3567

                                                                #32
                                                                Originally posted by floridagolfer
                                                                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.
                                                                bird bird da bird's da word
                                                                Comment
                                                                • G's pks
                                                                  Restricted User
                                                                  • 01-01-09
                                                                  • 22251

                                                                  #33
                                                                  Originally posted by Sawyer
                                                                  I'm not a big fan of chases but Chase Systems are very efficient in Baseball, if you limit your chases
                                                                  Yes to this...
                                                                  Comment
                                                                  • Ruifgalmeida
                                                                    SBR MVP
                                                                    • 04-23-08
                                                                    • 2024

                                                                    #34
                                                                    The biggers handicapper i know flat beating, unless you have the hability to make lines you are better of flat beating
                                                                    Comment
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