The JM "Chase system" $1000 bank roll

[cartytay]

Cartytay, you have some kind of systems you use for other sports too? MLB or NFL?

No I suck at NFL! but I crush college FB. I played at a big D-1 school and kinda have a feel for it. as far as MLB from what ive read on the sports betting champs website it supposed to be good but we will see?

[cartytay]

Well I hit 3 C bets tonight. And it is a perfect example of why money management is important. If I had not changed my A bets I would not have had enough to cover 3 C bets in one day. AND, hate to be the bearer of bad news, BUT this system will lose this year. And the fact it has not lost yet it extremely ODD. Last year the system (no filters, just betting 3 road-trip games in a row and buying 3 points) lost 6 times and won 156 times.

you are most likely right, but 0 losses sounds good to me
and congrats on ur nite!!!

[DevilDog]

Well of course the system will most likely lose this year. But this is a sound well proven system...just play it like you are supposed to.

Each loss is like what? Nine units or something like that. So the fact the system went 156-6 last year is OUTSTANDING!

That is like being 156-54...who the hell would not take that?

The key with guys is managing their money...do NOT start out betting more than 1-2% of your bankroll. If you do that you will be fine. I also read last night with a lot of amusement guys griping about the fact that some won last night...and some lost because of the lines they could get.

Well if you lost on a B games you go to the next game...it really is that simple.

Just play the system and reward yourself with more money!

[BouncedCheck]

A loss is actually somewhere between 19 to 20 units, and as everyone knows, a win is only one unit.

So if the system goes 85-5 that's drastically different than 78-2. Actually, 85-5 would end up losing money in most cases.

[crisp]

i don't even understand this system.

[Dexter]

Each loss is like what? Nine units or something like that. So the fact the system went 156-6 last year is OUTSTANDING!

1 pt buy = -11 units
2 pt buy = -15 units
3 pt buy = -19 units (aprox depending on your book)

[CashMoney]

Unless you;ve been playing the system since the start of the year I warn you all STOP PLAYING THE SYSTEM NOW. If you decide to continue with the system PLAY AT YOUR OWN RISK.

The system is do for a lose and if you've played since the start of the season the risk vs reward is far too great to keep playing.

[NBA Hero]

i don't even understand this system.

put effort on reading the whole thread if you want to follow and know the system.

lots of people getting the green.

start from thread one

[netinfo]

Let's say a unit is $5

With a 156-6 record, here is my simple breakdown:


Losses:
--------------------------------------------------------
Bet A Loss: $5
Bet B Loss: $12.5 ($5 x 2.5)
Bet C Loss: $32.5 ($12.5 x 2.6)
Series Loss: $50 ($5 + $12.5 + $32.5)

Year Loss Total: $300 ($50 x 6)
-------------------------------------------------------


Wins (with three points buying via Betus):
----------------------------------------------------
Out of every $5 risked, $2.94 is won (58.8%)

Bet A Win: $2.94
Bet B Win: $7.35 (0.588 x $12.5)
Bet C Win: $19.11 (0.588 x $32.5)

The Year Win Total depends on the number of A bets, versus B bets, versus C bets. I don't know the exact figures of the 156-6 record, but lets says the following happened with 156 wins:

Bet A Wins: 86
Bet B Wins: 52
Bet C Wins: 18

Translating that into money:

Bet A Wins: $252.84 ($2.94 x 86)
Bet B Wins: $382.2 ($7.35 x 52)
Bet C Wins: $343.98 ($19.11 x 18)

Year Win Total: $979.02 ($252.84 + $382.2 + $343.98)
------------------------------------------------------


Profit: $679.02 ($979.02 - $300)


So, with a record of 156-6, you can still turn out a good profit if your unit betting is $5.

netinfo

[JohnMorr08]

The reason people don't get the system is the title reads "The JM "Chase system" $1000 bank roll " Yet, when you read through the posts 80% are "variations" - People getting greedy and looking for more plays.

Look, the system works, bottom line. Use it as a "model" to gather potential plays - Cap the games yourself and watch the line movement.

FYI - John Morrison is a bit of 'scam artist' at heart (why I no longer work for him). In the past a PUSH would NOT count as a WIN. And that's why his email was so vague. He said that if you lost or pushed you should play bet C. BUT for the record of the system it was already a win. (just incase C lost)...

The system only has 15 or so series left. He wants the system to go Undefeated so bad so that he can advertise it for next year and make some more $$ from selling it.

I joined SBR partly to promote the System because it does work - I do not in anyway promote the individual that sells it.

[superslinky]

The reason people don't get the system is the title reads "The JM "Chase system" $1000 bank roll " Yet, when you read through the posts 80% are "variations" - People getting greedy and looking for more plays.

Look, the system works, bottom line. Use it as a "model" to gather potential plays - Cap the games yourself and watch the line movement.

FYI - John Morrison is a bit of 'scam artist' at heart (why I no longer work for him). In the past a PUSH would NOT count as a WIN. And that's why his email was so vague. He said that if you lost or pushed you should play bet C. BUT for the record of the system it was already a win. (just incase C lost)...

The system only has 15 or so series left. He wants the system to go Undefeated so bad so that he can advertise it for next year and make some more $$ from selling it.

I joined SBR partly to promote the System because it does work - I do not in anyway promote the individual that sells it.

So true. I also see that as his next goal... Well, whatever works for him .

[netinfo]

I think I need to make a correction to the Win and Profit section:

Wins (with three points buying via Betus):
----------------------------------------------------
Out of every $5 risked, $2.94 is won (58.8%)

Bet A Win: $2.94 [This is correct pure profit]
Bet B Win: $7.35 (0.588 x $12.5) [Only $2.35 is pure profit, because the Bet A = $5, was lost and now returned]
Bet C Win: $19.11 (0.588 x $32.5) [Only $1.61 is pure profit, because the Bet A + Bet B = $17.5, was lost and now returned]

The Year Win Total depends on the number of A bets, versus B bets, versus C bets. I don't know the exact figures of the 156-6 record, but lets says the following happened with 156 wins:

Bet A Wins: 86
Bet B Wins: 52
Bet C Wins: 18

Translating that into money:

Bet A Wins: $252.84 ($2.94 x 86) [This is correct]
Bet B Wins: $382.2 ($7.35 x 52) [This should be: $122.2 ($2.35 x 52)]
Bet C Wins: $343.98 ($19.11 x 18) [This should be: $28.98 ($1.61 x 18)]

Year Win Total: $979.02 ($252.84 + $382.2 + $343.98) [This should be: $404.02 ($252.84 + $122.2 + $28.98)]
------------------------------------------------------


Profit: $679.02 ($979.02 - $300) [This should be $102.02 ($404.02 - $300)]


I think this is the correct numbers for this scenario. It shows a lot less profit than I previously thought, but it is still profit. If anyone is seeing an obvious error, or if you think the previous calculations are more accurate, let me know.

netinfo

[BouncedCheck]

netinfo, I didn't crunch the numbers in detail but think your numbers are likely accurate if you PLAY one unit for each EVENT. If you try to WIN one unit for each SERIES, the numbers I posted back on page 14 are dead-on accurate. Maybe I'm wrong, but my understanding of Morrison's intent is to win one unit per series.

JohnMorr08, the bottom line here is the system is based on the probability that three similar consecutive events will not happen. If people are comfortable having nearly 20 units on the line every time a C game is necessary and that C game ends up winning, all the power to them. If that's how they want to handle their money, that's their right. But assuming there are under 100 series per year that fit the criteria required to make a play, your winnings are going to be limited to under 100 units. EVERY LOSS COSTS OVER 19 UNITS. When the system is working well, as it is this year with an undefeated record, it looks untouchable. Everyone knows that can't continue. Chances are pretty good that the system is not going to sustain more than one or two losses this year, since there are only 15 series remaining. But eventually, there's going to be a year where the opposite is true, and the system ends up with 4-7 losses rather than 0-2 losses, and when that happens, the system will either bust out or it won't yield a big enough return to make it worthwhile to follow, even if it comes out slightly ahead. If Morrison doesn't disclose this clearly when selling his system, I think he's a scammer. The simple fact is that a record of 80-4 in this system is not good at all, but a record of 78-2 would be excellent. I certainly don't wish bad luck to anyone who is using the system, but I really hope it doesn't go undefeated this year, because anyone who actually pays money for this system is a sucker, and having an undefeated season will give Morrison too much advertising ammunition for next year.

[supra23]

...the VERYYY first series in this system for this year was actually a loss but he never added it as well to the record, did u guys catch that also?

[dbartinbwgc]

again sac

this was covered already in this thread when someone brought it up.

The very first series of the season was SAC.
the were excluded because of their preseason record.
they were like 1-8 going into the series.

Jm never emailed them as a pick due to their record.

People say preseason doesn't matter
I guess it matters enough that it was excluded from the system

[Vincepcion]

this was covered already in this thread when someone brought it up.

The very first series of the season was SAC.
the were excluded because of their preseason record.
they were like 1-8 going into the series.

Jm never emailed them as a pick due to their record.

People say preseason doesn't matter
I guess it matters enough that it was excluded from the system

Not sure if you are talking about the REAL John Morrison's system or JohnMorr08's system, but FWIW the real John Morrison sent out the SAC pick at the beginning of the season. I subscribe to him and I received it.

Only when it lost did he take it out of the record.

[dbartinbwgc]

I also get the emails and if he did send it out,
I must of missed that email.


My mistake

[cartytay]

Well im on Cleve tonite. its not a JM system play but it fits my 3 game road betting system
Cleve ML (-160) $800 -$500

[whatisit]

Not sure if you are talking about the REAL John Morrison's system or JohnMorr08's system, but FWIW the real John Morrison sent out the SAC pick at the beginning of the season. I subscribe to him and I received it.

Only when it lost did he take it out of the record.

That is pathetic...how did he justify the reasoning after the loss?

[whatisit]

Well im on Cleve tonite. its not a JM system play but it fits my 3 game road betting system
Cleve ML (-160) $800 -$500

Oh snap, I forgot it was a part of your system...coulda got it at -1 last night

[The_Kid]

That is pathetic...how did he justify the reasoning after the loss?

He said they were the worst road team and that's why you don't bet on bad road teams.

It was something like that I remember correctly...

[whatisit]

He said they were the worst road team and that's why you don't bet on bad road teams.

I get that, but if he sent the email out saying to play them, how did he get everyone to believe that it was not a play afterward? Did he leave it vague when he sent out the email to play in the first place?

[cartytay]

Oh snap, I forgot it was a part of your system...coulda got it at -1 last night

I know it moved to -3.5 today wtf?

[cartytay]

He said they were the worst road team and that's why you don't bet on bad road teams.

It was something like that I remember correctly...

Thats BS. it was the 1st series of the year. how did he know they were a "Bad road team" luckily for me i bet them on opening nite cuz the 3 game ooc trip started on game 2 so i still won the series but JM is pretty shady when it comes to losses

[The_Kid]

I get that, but if he sent the email out saying to play them, how did he get everyone to believe that it was not a play afterward? Did he leave it vague when he sent out the email to play in the first place?

Yeah, it's kind of manipulative. That's why I try looking at all 3 games first and see if the team I'm going to chase has a legit shot at covering any of those games. He knew what he was doing but I don't know why he kept sending out the picks. Then, to delete it from the record as if he didn't send out the email is kind of shady too but what can you do? It's a marketing scam. I agree with previous posts. He wants to pull in $ and if the system does go undefeated this year, I can bet you that he'll be that much richer come next year when the new NBA season starts.

Also, before the NBA season started, he wanted his subscribers to send him an extra $100 to receive his picks the night before. If they didn't send it in, they wouldn't receive it until 30 minutes before gametime. That was the supposed promise but I never sent in extra $ and I still receive the picks.

[The_Kid]

Thats BS. it was the 1st series of the year. how did he know they were a "Bad road team" luckily for me i bet them on opening nite cuz the 3 game ooc trip started on game 2 so i still won the series but JM is pretty shady when it comes to losses

Exactly. It was something along those lines but whatever the case, it's still wrong to exclude it from the record when you're sending out picks to all the subscribers.

[stevek789]

I started using this system about 6 series ago, won a bit so far... from what im reading i think john morrison should be honest about the losses, the SAC loss early this season, even if it had that loss, the system would still be impressive

[DevilDog]

I am a bit confused. I am not sure how you lose 20 units per loss unless you are trying to win a unit on EACH bet of a series...then if that is the case you have to take into consideration that EACH series win would be more also.

I have run the numbers many times and do NOT see how betting 1.7 units on the first bet, then progressing each step of the way results in a 20 unit loss...unless you are trying to win ONE unit on each individual bet.

All I know is that I have done incredibly well with this system. It is so hard to go against something that has NOT lost all year and I have not lost since I have started playing it.

I am very experienced with systems and this is hands down the best I know of besides a hockey and baseball system.

[DevilDog]

netinfo, I didn't crunch the numbers in detail but think your numbers are likely accurate if you PLAY one unit for each EVENT. If you try to WIN one unit for each SERIES, the numbers I posted back on page 14 are dead-on accurate. Maybe I'm wrong, but my understanding of Morrison's intent is to win one unit per series.

JohnMorr08, the bottom line here is the system is based on the probability that three similar consecutive events will not happen. If people are comfortable having nearly 20 units on the line every time a C game is necessary and that C game ends up winning, all the power to them. If that's how they want to handle their money, that's their right. But assuming there are under 100 series per year that fit the criteria required to make a play, your winnings are going to be limited to under 100 units. EVERY LOSS COSTS OVER 19 UNITS. When the system is working well, as it is this year with an undefeated record, it looks untouchable. Everyone knows that can't continue. Chances are pretty good that the system is not going to sustain more than one or two losses this year, since there are only 15 series remaining. But eventually, there's going to be a year where the opposite is true, and the system ends up with 4-7 losses rather than 0-2 losses, and when that happens, the system will either bust out or it won't yield a big enough return to make it worthwhile to follow, even if it comes out slightly ahead. If Morrison doesn't disclose this clearly when selling his system, I think he's a scammer. The simple fact is that a record of 80-4 in this system is not good at all, but a record of 78-2 would be excellent. I certainly don't wish bad luck to anyone who is using the system, but I really hope it doesn't go undefeated this year, because anyone who actually pays money for this system is a sucker, and having an undefeated season will give Morrison too much advertising ammunition for next year.

What was stated in the first paragraph is MY understanding of the system.

[Dexter]

ddog - i do a 2 pt buy at -150. now i do always make each b, c bet trying to recoup the losses so far, and of course that original 1 unit. i'm confused if your not doing that, but i'm sure i'm just misinterpreting you. so heres an example at 1 unit = $100

bet a - 150 to win 100
bet b - 375 to win 250 (150 lost + 100)
bet c - 938 to win 625 (525 lost + 100)

thats - 15 units on just a 2 pt buy at -150....3 pt prices vary, but roughly -19/20 units is correct if you're always chasing that 1 unit.

[Dexter]

heres the math for a 3pt buy at -170

bet a = 170 to win 100
bet b = 459 to win 270
bet c = 1241 to win 729

thats -18.7 units

if you talk in bookie terms of "times"

bet a = 20x
bet b = 54x
bet c = 146x

each time has to me multiplied by 8.5 (or -170)

[netinfo]

BouncedCheck and DevilDogg,

I just read the System pdf again. Here is the exact info. from the pdf:

======================================== ==
Bet A = Your beginning bet. I recommend you set your beginning bet at $100 when you first start out.

Bet B = In case Bet A fails, you make bet B to make up for any loss you’ve suffered from Bet A, plus any profit you would have achieved from bet A. So, if your Bet A was $100, your Bet B can be $250.

Bet C = In case Bet B fails, you make bet C to make up for any loss you’ve suffered from Bet A plus Bet B, plus profit you would have achieved from bet A. So, if your Bet A plus Bet B was $350, your Bet C can be $650.
======================================== ====


So, if you loose on Bet C, you loose $1000 ($100 + $250 + $650). Since the initial Bet was $100 (1 unit), then $1000 are 10 units. Therefore, in each series loss, you only loose 10 units.

The rate of doubling that I came up with matches the scenario in the pdf. Looking at my scenario again, with a unit now being $100:

Losses:
--------------------------------------------------------
Bet A Loss: $100
Bet B Loss: $250 ($100 x 2.5 [This is the rate of doubling on this bet])
Bet C Loss: $650 ($250 x 2.6 [This is the rate of doubling on this bet])
Series Loss: $1000 ($100 + $250 + $650)

Year Loss Total: $6000 ($1000 x 6)
-------------------------------------------------------

netinfo

[rgga86]

Its a good idea to bet right now on Cleveland on 2nd half (-3)? Thanks!

[Dexter]

netinfo - you're not factoring in the cost of buying points each bet. $1000 series loss - lol...i wish

[netinfo]

netinfo, I didn't crunch the numbers in detail but think your numbers are likely accurate if you PLAY one unit for each EVENT. If you try to WIN one unit for each SERIES, the numbers I posted back on page 14 are dead-on accurate. Maybe I'm wrong, but my understanding of Morrison's intent is to win one unit per series.

BouncedCheck,

Let me see if I can understand your statement again. I'm approaching the betting strategy with Risk in mind, which is how I understand the JM system. I think you might be approaching the betting strategy with Win in mind.

For example:

I'm thinking: Risk = $100 on Bet A; Risk = $250 on Bet B; Risk = $650 on Bet C.

You might be thinking: Win = $100 on Bet A; Win = $250 on Bet B; Win = $650 on Bet C.


If I were to use the Win betting strategy, rather than Risk, then this is what I would have to do in calculating the losses:

With purchase of 3 points:

Bet A Loss: $170 (Risking $170 to Win $100 [Rate is 1.7 on this bet])
Bet B Loss: $425 (Risking $425 to Win $250 [Rate is 1.7 on this bet])
Bet C Loss: $1105 (Risking $1105 to Win $650 [Rate is 1.7 on this bet])

Under this Win strategy, you will indeed loose 17 Units per each series loss, if each Unit is $100. You can see this when you add up the bets: ($170 + $425 + $1105 = $1700)

Using Risk strategy, you loose only 10 Units in a series loss.
Using Win strategy, you loose 17 Units in a series loss.

netinfo