here is a breakdown of the problem with chase systems (SBP).. there are 4 outcomes of a 3 game chase. WWW, WWL, WLL, LLL each has a 25% chance of winning. with a three chase system 3 out of 4 will win you money. so a three chase system has 75% chance of winning to a 25% loss.
lets say you play 100 games: that would produce 75 wins and 25 losses. lets say your a 100 dollar player (.01% of bankroll): that produces 7,500 in wins. the problem is with a chase is that at 25% you are losing over 5% of your bankroll if not much more to win your money back. so lets say you spend around 330 to cover your chase amount (you lose three games in a row). 330(25) will result in 8,250 in losses... the result is -750...stay away from chase systems..
lets say you play 100 games: that would produce 75 wins and 25 losses. lets say your a 100 dollar player (.01% of bankroll): that produces 7,500 in wins. the problem is with a chase is that at 25% you are losing over 5% of your bankroll if not much more to win your money back. so lets say you spend around 330 to cover your chase amount (you lose three games in a row). 330(25) will result in 8,250 in losses... the result is -750...stay away from chase systems..
