The JM "Chase system" $1000 bank roll

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  • DukeJohn
    SBR MVP
    • 12-29-07
    • 1779

    #841
    Originally posted by thebestthereis
    does it make more sense to lose a few more series (assume in the end profit is the same) and not buy any points? doesn't it work out to be roughly the same units won +/-? buying doing this you open up so many more outs (any book in the world) and can avoid books knowing you are even using this system. i.e. betus shades the lines, some books can't buy 3 points, vegas you can't, some books charge retarded juice (5dimes), etc. so if say bet A loses you can go to another book for bet B...and same for bet C? see what i mean? if not buying the points matters that much then forget i mentioned it. thanks.
    The problem with this system is it fails hard some years... This year it is phenomenal, but that is not the usual case. To buy pnts or not is really up to you. Some years you will have more losses, but some years it will be less of a loss. You really just need to go back and do the research and see if it is a gamble you are personally willing to take. This system looks great on paper and thus makes it a great marketing tool to sell picks. Like I said, this year is one of those outstanding years and I believe those that started the season with it are probably in a position where they could lose a couple of series and still be profitable.

    Good luck on your search, I hope you find what you are looking for...

    BOL...
    Comment
    • thebestthereis
      SBR Posting Legend
      • 03-01-09
      • 11459

      #842
      thanks i know what you mean. any system like this can fail at anytime. i had my questions when seattle moved to oklahoma as example. i have looked at records in the past and it looks very strong...some years a few losses i agree. it could easily have a year with 5+ losses and your buried of course - nothing is perfect or guaranteed except one thing...most people lose. this area is where i make my real wagers anyway, i am a contrarian handicapper. just looking for another area of profit; any profit small or large is ok by me.
      Comment
      • vassman86
        SBR MVP
        • 03-11-08
        • 1042

        #843
        Originally posted by thebestthereis
        thanks i know what you mean. any system like this can fail at anytime. i had my questions when seattle moved to oklahoma as example. i have looked at records in the past and it looks very strong...some years a few losses i agree. it could easily have a year with 5+ losses and your buried of course - nothing is perfect or guaranteed except one thing...most people lose. this area is where i make my real wagers anyway, i am a contrarian handicapper. just looking for another area of profit; any profit small or large is ok by me.
        I'm not too familiar with the JM system, but according to your previous question (about not buying any points at all in exchange for more losses), if you don't buy any points whatsoever, you may be able to afford many more losses.

        For example, say you're unit is $100 ($110 to win $100)
        For every Bet "C" that loses, it will cost you roughly $440

        So, arbitrarily, say the JM system has 80 series, and you follow his system without buying points. If you are able to win 66 series, you will see a profit (assuming the Bet "C" loss is $440), which means you can lose 14 series and still see a profit. (+4.4 units)
        That is the break-even point. 15 losses results in a net loss.

        But, again with an 80-series season, say you won 70 series and lost 10 series, you'd end up with a 26 unit profit.



        Now, I have a question for anyone that is willing to do the work:
        with an 80-series season, using the JM system, how many wins do you need to get to break even??
        Comment
        • thebestthereis
          SBR Posting Legend
          • 03-01-09
          • 11459

          #844
          my two cents. first off if you really want to be within a system or true pro gambler one season is not the end all tell all. many pros including myself lose here and there...even an entire season/sport. the way you need to look at this system is long term and as many options (within it as possible). what i mean is that it is way more important to minimize your risk and expand your options. laying -170 vs -110 and the ability to play at ANY book in the world is more important than anything. i will use the system without laying juice as much as possible anytime anywhere. just be smart and stay within yourself/bankroll.
          Comment
          • ThomasKranked
            SBR Rookie
            • 01-19-09
            • 25

            #845
            I dont understand why so much people have so many questions to the system .. it's one of the simplest systems out there ...

            Originally posted by vassman86

            For example, say you're unit is $100 ($110 to win $100)
            For every Bet "C" that loses, it will cost you roughly $440
            that is completely nonsense - you have to add the units from A,B and C to calculate your loss!

            A: ~110$ to win 100$
            B: ~230$ to win 100$
            C: ~490$ to win 100$

            loss a 'C' bet: 830$

            This year the system needed the bought points several times (I remember toronto 2 times etc.) ..

            of course, it's good to calculate if point buying brings more or less profit, but please, do it with the right units ...
            Comment
            • sportsbetwin
              SBR Wise Guy
              • 03-07-09
              • 745

              #846
              Originally posted by vassman86
              Now, I have a question for anyone that is willing to do the work:
              with an 80-series season, using the JM system, how many wins do you need to get to break even??
              At -170 1 loss is equal to about 18 wins. Assuming risk is kept the same you can afford up to 4 losses and still profit.
              Comment
              • thebestthereis
                SBR Posting Legend
                • 03-01-09
                • 11459

                #847
                my point with the system, and i know it exactly, is whether or not it doesn't matter in the long run to buy points or not. i know the points are better but the risk is greater. if it doesn't matter over the long run (say 3 years) you are SO MUCH better not buying the points cause shopping the lines and where you can get down is the key.
                Comment
                • sportsbetwin
                  SBR Wise Guy
                  • 03-07-09
                  • 745

                  #848
                  I have to check the records but I think it is 4 times this season that you would not have won beating purely ATS. Yes this would have produced a much better return. Even better returns when you sell 1 point to turn your selection into an underdog.
                  Comment
                  • sportsbetwin
                    SBR Wise Guy
                    • 03-07-09
                    • 745

                    #849
                    Just correcting myself. I did some quick sums in my head and there would be little difference in the returns this year buying 3 or going ATS.
                    At the end of the season I will post the returns from each method so I can be more definitive.
                    Comment
                    • BH FANATICOS
                      SBR Rookie
                      • 02-26-09
                      • 7

                      #850
                      A bets tonight.Cleveland Cavaliers -7,5@- 200 or -8@-180
                      Comment
                      • cartytay
                        Restricted User
                        • 01-18-09
                        • 142

                        #851
                        Series ytd 128-0 +$64,000 tonite 3 plays Cleveland Oklahoma city and Dallas all "A" bets. BOL to all
                        Comment
                        • rgga86
                          SBR High Roller
                          • 02-21-09
                          • 216

                          #852
                          Hi cartytay, I sent you a PM days ago, could you please send me the spreadsheet that you use for your system? Ill appreciate that
                          Comment
                          • specialedbob
                            SBR High Roller
                            • 02-28-09
                            • 169

                            #853
                            So it's ok to try both methods,I wonder why he failed to give a selection?must be driving that sports car alot.

                            Thanks,
                            Special Ed. Bob
                            Comment
                            • cartytay
                              Restricted User
                              • 01-18-09
                              • 142

                              #854
                              Originally posted by rgga86
                              Hi cartytay, I sent you a PM days ago, could you please send me the spreadsheet that you use for your system? Ill appreciate that
                              ya bro no problem, just send me your email address.
                              Comment
                              • Justin7
                                SBR Hall of Famer
                                • 07-31-06
                                • 8577

                                #855
                                SBR has now received 3 different complaints from players following this system through BetUS. Notwithstanding claims of a perfect season, this system has lost many times for its followers - notably those who deposited at BetUS.

                                This is a scam. Don't bite into the hype.
                                Comment
                                • netinfo
                                  SBR Wise Guy
                                  • 02-12-09
                                  • 955

                                  #856
                                  SBR has now received 3 different complaints from players following this system through BetUS. Notwithstanding claims of a perfect season, this system has lost many times for its followers - notably those who deposited at BetUS.

                                  This is a scam. Don't bite into the hype.
                                  With all due respect, I disagree with you that this system is a scam.

                                  Just like with any other system, chase or otherwise, one needs to apply proper money management strategies, and apply the filters in order to maximize one's profits. This system, likewise, has specific rules and filters (records, injuries) that one needs to follow. It is not a system of random betting.

                                  If I recall correctly, in addition to the purchasing of 3 points, JM does say that one should look at more than one book in order to obtain the best lines. Along with Betus, he lists Betjm, and there was one other book that I can't recall at the moment. I recommend that if possible, people should sign up with a few books and check out the best lines.

                                  You also mention that this system has lost many times. According to the system, a loss is a series loss, and no, there has not been many series losses with this system. I challenge anyone to provide proof of the "many" losses. Has there been a series loss, yes there has, but there have not been many series losses.

                                  Now, individual losses, yes, there have been many of those, but that's normal, as any handicapper will go through many individual losses as well. The point of this system is that when an individual bet loses, you go on to the next bet in the same series and try to recover the unit/money that was lost, until the final third bet is lost, thereby losing the whole series.

                                  If a series loss occured because of the bad lines that Betus offers, then that's the fault of Betus, not the system. One should, again, shop for the best lines. Those who lost due to Betus should complain to Betus, not to SBR, which makes no sense. If a book has messed up my win, then I change books, not the system that I'm using, which would have won at normal lines at a normal book.

                                  netinfo
                                  Comment
                                  • rgga86
                                    SBR High Roller
                                    • 02-21-09
                                    • 216

                                    #857
                                    Originally posted by cartytay
                                    ya bro no problem, just send me your email address.
                                    Just sent my email address by PM
                                    Comment
                                    • cartytay
                                      Restricted User
                                      • 01-18-09
                                      • 142

                                      #858
                                      "
                                      Comment
                                      • saro7
                                        SBR Hustler
                                        • 02-20-09
                                        • 93

                                        #859
                                        Originally posted by netinfo
                                        With all due respect, I disagree with you that this system is a scam.

                                        Just like with any other system, chase or otherwise, one needs to apply proper money management strategies, and apply the filters in order to maximize one's profits. This system, likewise, has specific rules and filters (records, injuries) that one needs to follow. It is not a system of random betting.

                                        If I recall correctly, in addition to the purchasing of 3 points, JM does say that one should look at more than one book in order to obtain the best lines. Along with Betus, he lists Betjm, and there was one other book that I can't recall at the moment. I recommend that if possible, people should sign up with a few books and check out the best lines.

                                        You also mention that this system has lost many times. According to the system, a loss is a series loss, and no, there has not been many series losses with this system. I challenge anyone to provide proof of the "many" losses. Has there been a series loss, yes there has, but there have not been many series losses.

                                        Now, individual losses, yes, there have been many of those, but that's normal, as any handicapper will go through many individual losses as well. The point of this system is that when an individual bet loses, you go on to the next bet in the same series and try to recover the unit/money that was lost, until the final third bet is lost, thereby losing the whole series.

                                        If a series loss occured because of the bad lines that Betus offers, then that's the fault of Betus, not the system. One should, again, shop for the best lines. Those who lost due to Betus should complain to Betus, not to SBR, which makes no sense. If a book has messed up my win, then I change books, not the system that I'm using, which would have won at normal lines at a normal book.

                                        netinfo
                                        Well said!
                                        Comment
                                        • actionaddict86
                                          SBR Sharp
                                          • 02-13-09
                                          • 464

                                          #860
                                          what are the 2 jm plays for tomorrow...?
                                          Comment
                                          • TrafficUB
                                            SBR Sharp
                                            • 02-04-09
                                            • 322

                                            #861
                                            cleveland will be 1st loss for system? cartytay
                                            Comment
                                            • cartytay
                                              Restricted User
                                              • 01-18-09
                                              • 142

                                              #862
                                              Originally posted by TrafficUB
                                              cleveland will be 1st loss for system? cartytay
                                              Well if they loose the next 2 games it will be a loss. remember you bet each series to win 1 unit
                                              Comment
                                              • TrafficUB
                                                SBR Sharp
                                                • 02-04-09
                                                • 322

                                                #863
                                                i am new to this, how can i get jm's plays?
                                                Comment
                                                • cartytay
                                                  Restricted User
                                                  • 01-18-09
                                                  • 142

                                                  #864
                                                  Here is the individual records from the beginning of the year

                                                  Jan 36-16 69%
                                                  Feb 21-11-1 65.5%
                                                  Mar 13-6-1 68%
                                                  Overall 70-33-1 67.9%
                                                  System overall 70-0 100%
                                                  Comment
                                                  • TrafficUB
                                                    SBR Sharp
                                                    • 02-04-09
                                                    • 322

                                                    #865
                                                    that is very impressive record, i am in a slump right now down about 1,500 i have stopped betting for about 3 days now, just picking the right time to bet, want to try to follow a system, and everybody seems to be talking about JM, how do i get the picks?
                                                    Comment
                                                    • The_Kid
                                                      SBR Hall of Famer
                                                      • 02-09-08
                                                      • 5049

                                                      #866
                                                      Originally posted by TrafficUB
                                                      i am new to this, how can i get jm's plays?
                                                      Take a wild guess. You're the second person to ask this.
                                                      Comment
                                                      • Vincepcion
                                                        SBR Wise Guy
                                                        • 02-07-09
                                                        • 834

                                                        #867
                                                        Originally posted by TrafficUB
                                                        that is very impressive record, i am in a slump right now down about 1,500 i have stopped betting for about 3 days now, just picking the right time to bet, want to try to follow a system, and everybody seems to be talking about JM, how do i get the picks?
                                                        people post them here for free
                                                        Comment
                                                        • TrafficUB
                                                          SBR Sharp
                                                          • 02-04-09
                                                          • 322

                                                          #868
                                                          Originally posted by The_Kid
                                                          Take a wild guess. You're the second person to ask this.
                                                          actually it was me the first time too
                                                          Comment
                                                          • TrafficUB
                                                            SBR Sharp
                                                            • 02-04-09
                                                            • 322

                                                            #869
                                                            Originally posted by Vincepcion
                                                            people post them here for free
                                                            oh, maybe i did not see it, it's good to know that, i will be tailing from now on, seems like a good system, thanks for whoever made this system also
                                                            Comment
                                                            • The_Kid
                                                              SBR Hall of Famer
                                                              • 02-09-08
                                                              • 5049

                                                              #870
                                                              Originally posted by TrafficUB
                                                              actually it was me the first time too
                                                              I think it was someone else but if your question wasn't answered the first time, you have to buy the system for $197 to get the emails.
                                                              Comment
                                                              • gchessm
                                                                SBR Rookie
                                                                • 12-10-08
                                                                • 12

                                                                #871
                                                                This must be a scam. Every system will have losing days. You cannot win everyday. You will not win 128-0. Impossible.
                                                                Comment
                                                                • DukeJohn
                                                                  SBR MVP
                                                                  • 12-29-07
                                                                  • 1779

                                                                  #872
                                                                  Originally posted by gchessm
                                                                  This must be a scam. Every system will have losing days. You cannot win everyday. You will not win 128-0. Impossible.
                                                                  Remember this is a 3 series play... you could lose 2 games in the series and win the third game and it counts as a 1-0 record. So, it is possible to go 128-0, but highly doubtfully it would...

                                                                  So to be profitable, you would have to go at least 19-1 at -170 for 3pnts. Again, that is win 19 series and only losing one... Right now Cartytay says he is 70-0, so if he loses 4 series, he will have lost money for the season... Now he might have gotten a better deal than -170 which will allow for more losses and still be profitable. Anyway, you get the picture... It is a dangerous system and many end up dieing in the end... Hopefully, this will not be the case this year...
                                                                  Comment
                                                                  • Vincepcion
                                                                    SBR Wise Guy
                                                                    • 02-07-09
                                                                    • 834

                                                                    #873
                                                                    Originally posted by gchessm
                                                                    This must be a scam. Every system will have losing days. You cannot win everyday. You will not win 128-0. Impossible.
                                                                    Obviously no one expects this system to stay undefeated long term. As long as it profits it is good, and it has been profitable.
                                                                    Comment
                                                                    • cartytay
                                                                      Restricted User
                                                                      • 01-18-09
                                                                      • 142

                                                                      #874
                                                                      Guys, nobody is telling you to bet the games. its your $ do with it as you wish. But it has not lost this entire NBA season. I am 128-0 this year betting this way. Like I said if you dont believe me you can back check all 3 game road series at vegasinsder.com
                                                                      As for the rest of the season I expect to win out, so for those of you people who think it will loose, I propose this. I will bet you $500 per series, you can book the games. There are 21 series left. the most you can loose is $10,500 But you can win is $196,350 or $9350 per series Im giving you the opportunity to make 20-1 on your $. It should be a no brainer for anyone who doubts that the system works. Please PM if you would like to accept
                                                                      Comment
                                                                      • sportsbetwin
                                                                        SBR Wise Guy
                                                                        • 03-07-09
                                                                        • 745

                                                                        #875
                                                                        This thread is amusing me:
                                                                        1. Almost all who are vehemently against the system haven't used it.
                                                                        2. No one on this site admits to losing money but we all know the truth - here are some people using a system who are up (including me!) and that is more than can be said for most others.
                                                                        JM is very good at marketing and I am very aware of this. I have been on this system since late MLB season and am very comfortable with the risk/reward- being scammed has never been so much fun!
                                                                        Comment
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