The JM "Chase system" $1000 bank roll

sizzur · 02-01-09, 01:38 AM

whats the next play?

dbartinbwgc · 02-01-09, 11:13 AM

next play

the next possible series

laker monday

Denver friday

only about 20 series left in the season

Slanina · 02-02-09, 01:30 PM

Originally posted by 50lipa

Got an account for when i started with the JM system back mid december, i'm barely over 800$ now, started with 200$ tho, kept really low A bet all of the time. Shit works, end of story.

How much are you betting per series? Or the starting bet I should say. 5%?

brooks85 · 02-02-09, 01:46 PM

yes it should be very very low. Because of the obvious risk and possibility of multiple plays in one day.

dbartinbwgc · 02-06-09, 12:51 PM

Missed one

2 Games today

toronto A bet
Denver A bet

Plus buying the points

007Fatty · 02-06-09, 12:53 PM

how many points do you buy??

ThomasKranked · 02-06-09, 01:05 PM

two i think, as allways

google99 · 02-06-09, 01:07 PM

I'm gonna play the Nuggets tonight Bet A. spread is at -6.5 now..will buy 2.5 points to get to -4

whatisit · 02-06-09, 10:28 PM

both games shoulda covered but toronto was just horrible down the stretch and NO went nuts from deep.....hopefully they cover tomm

007Fatty · 02-07-09, 12:48 AM

toronto is a "b" bet tomorrow right??

cartytay · 02-07-09, 01:53 AM

Originally posted by 007Fatty

toronto is a "b" bet tomorrow right??

yes

Vincepcion · 02-07-09, 07:53 AM

Originally posted by dbartinbwgc

Buying the points has never burned me.
The system says to buy 3 but I only buy 2 points.

Some games this season were close enough that without buying the points we would have lost.

Hey just curious as to your method. I am using this system and am considering changing my strategy to buying 2 points as well. I have a few questions.

What if you buy 2, but end up losing by 0.5 points? What do you do? Do you play the next game, where JM would have booked a win but you didn't?
If hypothetically you lost the "A game", and lost the "B game" by 0.5 points, are you playing the "C game" and risking an astronomical amount of units?

Thanks

zackattack · 02-07-09, 08:04 AM

Originally posted by cartytay

yes

guys with bosh being out you should not have played toronto as an A bet

Vincepcion · 02-07-09, 08:12 AM

Originally posted by zackattack

guys with bosh being out you should not have played toronto as an A bet

Do you suggest getting out now, or riding the rest of the series? I obv lost the A bet but am contemplating just biting the bullet

Ditaln1 · 02-07-09, 09:58 AM

I would buy 3 points. The logic behind 3 points is that the home team usually is automatically given 3 points for home court advantage. I believe the books take this in consideration when posting the lines. Buying the 3 points should give you the true line of the team. The system does pretty good w/o buying the 3 points if you don't play past A. I think there was 4 total series games where if you did not buy the 3 points and continued to the B and C bets without buying the 3, you would of lose the whole series. That comes out to be quite a bit of money if you lose all 3 if you are a nickle player.

Ditaln1 · 02-07-09, 10:00 AM

Originally posted by Vincepcion

Do you suggest getting out now, or riding the rest of the series? I obv lost the A bet but am contemplating just biting the bullet

Would really matter on your bank roll Vincepcion and if you want to risk what you lost yesterday and what you want to win. Toronto lost the A bet last night and tonight is playing at Memphis. There isn't a line up yet, I believe Bosh is still out.

cards52 · 02-07-09, 11:54 AM

Originally posted by dbartinbwgc

2 Games today

toronto A bet
Denver A bet

Plus buying the points

Thank you for posting the JM plays. Do you filter out games due to injuries, best players not playing, worst team inconference, ect....?

cards52 · 02-07-09, 12:51 PM

I am new to this, so could someone please review my math to make sure I have it correct:

If want to win $50 per chase and I am getting odds of -155 to buy the 2 points the following bet sizes are what is needed:
A bet: $77.50
B bet: $197.63
C bet: $503.95
That would put the total possible loss per chase at $779.05, so to break about even I would need to win 16 chases for every loss.

Do I have this right?
Thanks.

cards52 · 02-07-09, 12:57 PM

One more thing, and thanks for all the help. Has anyone had success using the labouchere betting method with the JM chase?

50lipa · 02-07-09, 01:01 PM

Yes card, but the system hasn't lost in a year now.

So that is EXACTLY why people skip plays like Toronto when a key player is out, altho on JM's official page it is listed as a play. It's due to get another loss sooner or later.

cards52 · 02-07-09, 01:49 PM

Originally posted by 50lipa

Yes card, but the system hasn't lost in a year now.

So that is EXACTLY why people skip plays like Toronto when a key player is out, altho on JM's official page it is listed as a play. It's due to get another loss sooner or later.

Thanks 50. I am a believer, just wanted to make sure I understood everything correctly. Unfortunately, I jumped on board last night and played Denver and Toronto without looking into injuries or anything. I think I am going to toss the Toronto chase and make sure I do a little research from now on before starting a new series.

Ditaln1 · 02-07-09, 04:33 PM

Just to let you know Cards52.. tonight is the toronto B play and tomorrow on the card is A plays for the following teams :

New York
Phoenix
Sacramento

Note : These are not Jm's plays. but cartytay 'system' which he plays all road game teams , regardless of conference.

whatisit · 02-07-09, 06:30 PM

^^^ they also fit JM's system due to playing 3 road games in a row against other conference, also NY and PHX have no major injuries right now...I donno if I would bet on Sacramento, they really suck. But I would def play the other two

whatisit · 02-07-09, 06:33 PM

Well Sac isn't in JM's system, my fault...they're road trip is against the same conference...sorry...other 2 fit though

whatisit · 02-07-09, 10:36 PM

Is this the first B bet to fail? Man I hope Bosh is back for Minn.

Vincepcion · 02-07-09, 10:38 PM

Originally posted by whatisit

Is this the first B bet to fail? Man I hope Bosh is back for Minn.

Yes this is the first B to fail
I am very sure Bosh wont play in Minn

I have no idea what to do about the C bet...the way they played today I have no idea why I bet on the Raps

BlazeHaze · 02-07-09, 10:54 PM

i thought this whole system bet was off due to bosh not playing..

woodyman · 02-07-09, 11:27 PM

Morrison said toronto was the bet, i was surprised thought it wouldnt be due to Bosh out.

Vincepcion · 02-07-09, 11:34 PM

Toronto will be the C bet
If they cover the system will rack up another win
If they dont cover JM will not record the loss because Bosh was out

whatisit · 02-07-09, 11:43 PM

If Bosh doesn't play, prob will eat my losses and not bet on Toronto...they look horrendous.

Vincepcion · 02-08-09, 12:25 AM

Yeah looks like I'll do the same...even if Bosh is in there I still might not play it. Toronto looks like they don't even want to be out there anymore. Probably just eat my losses since there's no way I can back this team right now. Hopefully the line is good, that might make me reconsider.

The_Kid · 02-08-09, 12:47 AM

FYI, Bosh is probably out till the All-Star Break.

Justin7 · 02-08-09, 01:26 AM

Originally posted by Ditaln1

I would buy 3 points. The logic behind 3 points is that the home team usually is automatically given 3 points for home court advantage. I believe the books take this in consideration when posting the lines. Buying the 3 points should give you the true line of the team. The system does pretty good w/o buying the 3 points if you don't play past A. I think there was 4 total series games where if you did not buy the 3 points and continued to the B and C bets without buying the 3, you would of lose the whole series. That comes out to be quite a bit of money if you lose all 3 if you are a nickle player.

The logic is each half-point should cost more, but some books keep selling these for 10 cents each. If you can get 3 full points, or 6 half-points for 60 cents, this is almost ALWAYS better than playing a spread without point buying, where those points *should* cost 75 cents or so.

How much should 100 points cost? 1000? I would play any NBA team at -1100 with the spread +100 points. 3 points is the same problem, but to a lesser degree.

Justin7 · 02-08-09, 01:28 AM

For the record, this progressive betting system is crap. The point-buying is basic strategy economics. But any system that has you better more after a loss is likely to leave you poor and feeling stupid.

Vincepcion · 02-08-09, 01:38 AM

Originally posted by Justin7

The logic is each half-point should cost more, but some books keep selling these for 10 cents each. If you can get 3 full points, or 6 half-points for 60 cents, this is almost ALWAYS better than playing a spread without point buying, where those points *should* cost 75 cents or so.

How much should 100 points cost? 1000? I would play any NBA team at -1100 with the spread +100 points. 3 points is the same problem, but to a lesser degree.

Hey do you know any books that sell 3 points for 60c?