The JM "Chase system" $1000 bank roll

[netinfo]

Hi,

Does anyone know if there is a JM system private member-only forum where JM players can go and discuss the bets and strategies among themselves?

If one exists, or if one is in the making, let me know.

Thanks,

netinfo

[Jaarel]

Thanks Madstu just found it myself lol

[Vincepcion]

1st loss of the year...and all missed covering by a few points only :-(

edit: cartytay system

[Jaarel]

Hey guys im interested in all your points of view on the following. Firstly please dont think that i am in anyway bad mouthing the system because i am profitable with it and i am a huge supporter, but i have been thinking.

What happens when we do have a loss?

Let say you are small time like me who started with $1000 US. I started betting $100 US on the A bets in order to make a decent profit. With $100 bets on the A, you are looking to win about $60 as a round figure. B bets would then be $250, and C bets would be $650.

Now if we make a loss on a series we lose $1000.

Now with the aim to be making $60 per bet for a win, it would take 16 series wins in order to break even from that loss.

I am just spitballing here but has anyone thought about that and how to manage it?

I been very happy so far but i am also mindful that its inevitable that eventually we will have a loss, which is fine, but what happens profit wise when we do have that loss?

Could it be an option to do straight bets on JM picks? Would it turn out to be more profitable (both by buying points or not buying points). I dunno

Anyone else thoughts and views would be really appreciated.

[bolekblues]

And here we go... first loss of the season Milwaukke blew majority of may profit
And only now we can see how crucial was their yesterday's loss by one bucket too much..

The same thing todat with NY Knicks, they fall short by one point of making at least a push, hopefully will not be the same story as with the bucks...

The only consolation is phoenix who forced OT against Jazz and easily covered.

[Syrax]

And here we go... first loss of the season Milwaukke blew majority of may profit
And only now we can see how crucial was their yesterday's loss by one bucket too much..

The same thing todat with NY Knicks, they fall short by one point of making at least a push, hopefully will not be the same story as with the bucks...

The only consolation is phoenix who forced OT against Jazz and easily covered.

Yeah im pissed about the milwaukee losses, im even more pissed that I was going to bet on orlando in game b but didnt , Ive only been betting now for 3 weeks, and now Im in the red lol

[Cheme82]

Hey guys I'm not playing any more series this year unless it is on a team that's fighting for playoffs/seeding. Too dangerous playing on shitty teams that might have already packed-up for next season. Have to be careful because a series loss is so heavy that a few of those will cripple the profits.

Next series I'll be playing will be on starting on 3/31 on Detroit and New Orleans.

Hit both CBB plays last night, still looking at matchups for today. As much as I'd like grabbing the points (specially with Oklahoma) I think I'm probably going to lay it on both games.

Good luck.

[Iwinyourmoney]

hahahaha 1 loss wipes out this "systems" bank roll. Best shit ever

[Justin7]

Hey guys im interested in all your points of view on the following. Firstly please dont think that i am in anyway bad mouthing the system because i am profitable with it and i am a huge supporter, but i have been thinking.

What happens when we do have a loss?

Let say you are small time like me who started with $1000 US. I started betting $100 US on the A bets in order to make a decent profit. With $100 bets on the A, you are looking to win about $60 as a round figure. B bets would then be $250, and C bets would be $650.

Now if we make a loss on a series we lose $1000.

Now with the aim to be making $60 per bet for a win, it would take 16 series wins in order to break even from that loss.

I am just spitballing here but has anyone thought about that and how to manage it?

I been very happy so far but i am also mindful that its inevitable that eventually we will have a loss, which is fine, but what happens profit wise when we do have that loss?

Could it be an option to do straight bets on JM picks? Would it turn out to be more profitable (both by buying points or not buying points). I dunno

Anyone else thoughts and views would be really appreciated.

If you are betting to win $100 on each of 3 consecutive bets, the losses will cost you about $1900. This is basically a complex "if" bet laying -1900.

You ask a really good question - buying without points. Why do you even need a progression if the plays are solid, right?

[pico]

is this the end of the system? season is almost over.

[netinfo]

The JM NBA system ended with the Lakers A bet win at Detroit three days ago.

The remaining NBA plays are Cartytay system plays, not JM. The Bucks C bet loss was a Cartytay loss, not JM.

For those who are continuing with Cartytay plays, my advice is to go very lightly on them. In any case, the general advice is not to risk more than 1 percent of your bankroll to start a series (A bet), so that when a series loss occurs (C bet), your series loss will wipe out no more than 11% of your bankroll.

Say you have a bankroll of $1000, then your A bet risk should be $10, to win $5.88. This is risking 1% of your bankroll. Your B bet risk should then be $27, to win $15.88. Your C bet risk should then be $72.90, to win $42.88. When a C bet loses, you lose $109.90 ($10 + $27 + $72.90), and this is about 11% of your bankroll.

Putting the whole bankroll or most of the bankroll on a C bet is not wise. I've done it before, and fortuantly I won the C bet, but it was still not a wise decision. These system plays should be fun, not something to risk a heart attack over!

Good money management (like the above) is key to running this thing for a long time. Chasing demands that you keep a good money management strategy in place, otherwise don't chase, and just play each bet individually.

netinfo

[Vincepcion]

Hey guys I'm not playing any more series this year unless it is on a team that's fighting for playoffs/seeding. Too dangerous playing on shitty teams that might have already packed-up for next season.

Yes, I decided to do the same.

[MadStu]

Hi,

Does anyone know if there is a JM system private member-only forum where JM players can go and discuss the bets and strategies among themselves?

If one exists, or if one is in the making, let me know.

Thanks,

netinfo

I've got my own 100mbit connected server. I could upload a forum to a website if you like. Can have it running later on today if everyone wants it.

[Cheme82]

Ok so on CBB today I'm laying the points with Louisville and also playing them on the ML. With UNC I'm going to play them on the ML as I don't know if they will cover the points but I certainly hope they win the game.

Good luck.

[BouncedCheck]

Hey guys im interested in all your points of view on the following. Firstly please dont think that i am in anyway bad mouthing the system because i am profitable with it and i am a huge supporter, but i have been thinking.

What happens when we do have a loss?

Let say you are small time like me who started with $1000 US. I started betting $100 US on the A bets in order to make a decent profit. With $100 bets on the A, you are looking to win about $60 as a round figure. B bets would then be $250, and C bets would be $650.

Now if we make a loss on a series we lose $1000.

Now with the aim to be making $60 per bet for a win, it would take 16 series wins in order to break even from that loss.

I am just spitballing here but has anyone thought about that and how to manage it?

I been very happy so far but i am also mindful that its inevitable that eventually we will have a loss, which is fine, but what happens profit wise when we do have that loss?

Could it be an option to do straight bets on JM picks? Would it turn out to be more profitable (both by buying points or not buying points). I dunno

Anyone else thoughts and views would be really appreciated.

Go back to pages 13-15 of this thread, focusing most on page 14. There, you will find detailed mathematical explanations for how this system works (or doesn't).

In a nutshell, every series loss equals 18.7 series wins, assuming you attempt to win an equal amount every series. So a record of 75-4 would break even, as would a record of 94-5. Therefore, taking into account the total number of series to play each year based on the way the NBA schedule is constructed, this "fool-proof" system cannot afford to sustain more than 4 losses in a season or else you'll be in the red.

[Justin7]

In a nutshell, every series loss equals 18.7 series wins, assuming you attempt to win an equal amount every series. So a record of 75-4 would break even, as would a record of 94-5. Therefore, taking into account the total number of series to play each year based on the way the NBA schedule is constructed, this "fool-proof" system cannot afford to sustain more than 4 losses in a season or else you'll be in the red.

Well explained. One other thing you need to chase this system: a book that sells 6 half-points for 60 cents. This is NOT the normal market price. BetUS allows it, but they shade the lines (so you end up paying 60 cents for 3 half-points, not 6). BJ allows it, but they'll shut you down if you use it regularly.

[mcbain]

You ask a really good question - buying without points. Why do you even need a progression if the plays are solid, right?

My buddy ran the results for the last two years of NBA to see if you would be better off just betting the teams without buying the 3 points and he found the profit to be much higher by buying the 3 points.

I believe it cost you about 4 extra losses each year if you did not buy the points. I could ask him for the detailed breakdown.

How you would do just by flat betting the same amount and not progressing with A-B-C betting I do not know.

[MadStu]

Well explained. One other thing you need to chase this system: a book that sells 6 half-points for 60 cents. This is NOT the normal market price. BetUS allows it, but they shade the lines (so you end up paying 60 cents for 3 half-points, not 6). BJ allows it, but they'll shut you down if you use it regularly.

Sportsbook.com are 3 points for -170
So are beted.com - it's not rare

[Justin7]

Sportsbook.com are 3 points for -170
So are beted.com - it's not rare

Sportsbook.com. Will you get paid if you beat them out of 20k? No -200.

Beted... I'd be surprised if they let you beat them out of any amount using that promotion.

Have any of these chase players made a 20k withdrawal successfully from any book?

[JohnMorr08]

Mcbain - you are WAY off.
You needed the points 14 or so times this season and it went something like 77-1.
Keep in mind that these guys are mixing a few different systems. As a posted mentioned above the JM system ended a few days ago.

If you bet these games at -110 game by game instead of as a series (doubling up) it has historically been profitable.... But not nearly as profitable as if you play the system the way it's intended.

[sportsbetwin]

Mcbain - you are WAY off.
You needed the points 14 or so times this season and it went something like 77-1.
Keep in mind that these guys are mixing a few different systems. As a posted mentioned above the JM system ended a few days ago.

If you bet these games at -110 game by game instead of as a series (doubling up) it has historically been profitable.... But not nearly as profitable as if you play the system the way it's intended.

14 times is true. You needed the points to win 14 games but not 14 series. The number of times you needed to buy 3 to win a series this season is close to 5.

[Karate]

are there any plays for tonight/tommorow
havent been home in the past few days and need to update the schedule

[Vincepcion]

Fk another C bet with OKC

The game was tied in the beginning of the 4th and they ended up losing by 20

Why I continue to back these horrible teams I have no idea...I might just take the hit

[sportsbetwin]

Thanks mate.

[purecarnagge]

You guys make fun of people who chase on a regular basis now the chase bettors are trying to call chase betting a system play for there self esteem.

Winning is winning
Losing is losing

JM plays are a joke he's partnered with websites to screw you on your lines. Its been documented. Another tout, another scam.

[sportsbetwin]

You guys make fun of people who chase on a regular basis now the chase bettors are trying to call chase betting a system play for there self esteem.

Winning is winning
Losing is losing

JM plays are a joke he's partnered with websites to screw you on your lines. Its been documented. Another tout, another scam.

Last I checked he hadnt partnered wih Bet Jam.

[Vincepcion]

You guys make fun of people who chase on a regular basis now the chase bettors are trying to call chase betting a system play for there self esteem.

Winning is winning
Losing is losing

JM plays are a joke he's partnered with websites to screw you on your lines. Its been documented. Another tout, another scam.

If a perfect record is a scam, then I'll be scammed.

[Justin7]

Last I checked he hadnt partnered wih Bet Jam.

BJ will cut you off the 6 half-point buying if you do it with regularity.

[sportsbetwin]

Fair call - i guess the trick is to fly beneath the radar and diversify in several books

[mcbain]

no JM content

If anyone cares, these are the Cartytay series I will likely be playing the rest of the season:

31-MarDetroit@ CLE"A"cartytay31-MarHornets@ SAC"A"cartytay1-AprHeat@ DAL"A"cartytay3-AprSpurs@ IND"A"cartytay3-AprT'Blazers@ OKC"A"cartytay5-Apr76'ers@ NJ"A"cartytay5-AprJazz@ NO"A"cartytay5-AprSuns@ DAL"A"cartytay


This leaves some out but barring injury this is what I'm looking at for a reduced % of bankroll than earlier in the season.

[sportsbetwin]

I understand that you have purchased the system and I am curious Justin as to where you stand right now on the JM system. You were very skeptical originally but now come across as being more open and close to conceding that there may be some merit.
Notwithstanding that his marketing borders on questionable and that his relationship with BetUS does damage to his credibility.
Removing the man and BetUs from the equation - what are your thoughts now?

[GoGoGadget]

If you are betting to win $100 on each of 3 consecutive bets, the losses will cost you about $1900. This is basically a complex "if" bet laying -1900.

You ask a really good question - buying without points. Why do you even need a progression if the plays are solid, right?

One loss would cost him about $1100. And I dont know why he would start at betting 100 on A with a roll of 1000. One loss your busto.

I have season results broken down by ABC wins, losses, b pushes(1.7u loss) and c pushes(6.29 losses) for both the Cartytay and JM systems from 2000-08 along with the unit totals per year. Ill try to post it tomorrow if anyone is interested.

[sportsbetwin]

note to SBR mods - it's wankers like shortdick who got us talking about an alternative forum in the first place

[Willie Bee]

Note to sportsbetwin: If someone is bugging you, report the thread.

[sportsbetwin]

Thanks