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Author: [MLB Betting] Topic: Chasing for the Cash! Post All-Star Break.....
jcs1612 send a private message View Space | Friends | Playbook | My Sportsbook: BetJamaica.com |
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#1
Posted: 7/12/2011 6:57:40 AM
Hey guys!

Starting a new thread.

So far my chase system is (30-2) +$3187, I also started doing a pick of the day (which is not a chase system play) as well!

http://www.covers.com/postingforum/post01/showmessage.aspx?spt=27&sub=101078823

Hope everyone has a nice break from MLB betting.

Best of Luck to everyone in tonight's action!
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#2
Posted: 7/12/2011 8:52:36 AM
Im riding with you for the second half bro!   Impressive work so far lets keep it going!!!!
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#3
Posted: 7/12/2011 9:05:15 AM
Nice work jcs. Bol to you in the second half of the season. Im thinking about giving this a try. What size bankroll did you start with?
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#4
Posted: 7/12/2011 9:40:33 AM
I've been a believer for the last 2 weeks.
Looking forward to it!
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#5
Posted: 7/12/2011 9:42:12 AM

Quick question bro. I just want to make sure I understand your system. It looks like you basically pick a series in which you think there won't be a sweep and let's say you bet to win $100 in gm 1 and win you're done with that series. If you lose you'll bet to win back your bet from game one and the original $100 as well. And so on. That about right? And do you ever bet any dogs or just favs? Thanks bro and it looks like  you're doing nice work. Keep it up.

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#6
Posted: 7/12/2011 9:51:01 AM
Great job so far.  I was tailing Semper a while back in the same chase system but playing only underdogs.  Would lose a lot less if a team got swept rather than playing the favorite and paying the juice.

You should probably explain to people that you are 30-2 in winning 1 game of a series.  In your case each of your 2 loses have 2 losses each because you cut your losses short before those series ended.  But most times those 2 losses would mean you are down 3 or 4 wagers not 1.
  
and

if it is a true chase system then you would be increasing your wager after a loss to cover the previous loss.  Meaning if you lose a 3 game series you would be out 1u, 2u, 4u for a total of 7u.  And that's if it is at even money for all 3 games.  If the odds were -130 all three games then 1.3u, 3u, 7u for a total of 11.3u.  Gets much much worse for 4 game series.

At even money for all 3 games of the series you need to win 7 series wagers to cover 1 series loss.
At -130 odds for all 3 games of the series you would need to win 11 series wagers to cover 1 series loss.

This is why I stopped playing this type of chase system.  You can win for weeks straight then in one weekend lose it all if 2 teams get swept.

Good luck to you.







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#7
Posted: 7/12/2011 10:28:20 AM
comn with you on the second half  like how you dont mind going with big fasvorites   MONEY IS MONEY
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#8
Posted: 7/12/2011 11:21:48 AM
QUOTE

Originally Posted by jdkingllc:

Im riding with you for the second half bro!   Impressive work so far lets keep it going!!!!

I will sure try!

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#9
Posted: 7/12/2011 11:22:51 AM
QUOTE

Originally Posted by solsrt9305:

Nice work jcs. Bol to you in the second half of the season. Im thinking about giving this a try. What size bankroll did you start with?

Thanks, when I started my last thread I started at $0.  But in my account $1,000

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#10
Posted: 7/12/2011 11:23:18 AM
QUOTE

Originally Posted by Tayos:

I've been a believer for the last 2 weeks.
Looking forward to it!

Thanks!  Let's get'em!

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#11
Posted: 7/12/2011 11:32:11 AM
QUOTE Originally Posted by LawDog:

Quick question bro. I just want to make sure I understand your system. It looks like you basically pick a series in which you think there won't be a sweep and let's say you bet to win $100 in gm 1 and win you're done with that series. If you lose you'll bet to win back your bet from game one and the original $100 as well. And so on. That about right? And do you ever bet any dogs or just favs? Thanks bro and it looks like  you're doing nice work. Keep it up.

Sort of, normally when I pick my series I start game 1 to win $100.

If that loses, in game 2 I bet to win my money back from game 1 + $50.

So my plus money for the series decreases by a half the more games they go without a win.

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#12
Posted: 7/12/2011 11:37:03 AM
QUOTE Originally Posted by DA_BOYS:

Great job so far.  I was tailing Semper a while back in the same chase system but playing only underdogs.  Would lose a lot less if a team got swept rather than playing the favorite and paying the juice.

You should probably explain to people that you are 30-2 in winning 1 game of a series.  In your case each of your 2 loses have 2 losses each because you cut your losses short before those series ended.  But most times those 2 losses would mean you are down 3 or 4 wagers not 1.
  
and

if it is a true chase system then you would be increasing your wager after a loss to cover the previous loss.  Meaning if you lose a 3 game series you would be out 1u, 2u, 4u for a total of 7u.  And that's if it is at even money for all 3 games.  If the odds were -130 all three games then 1.3u, 3u, 7u for a total of 11.3u.  Gets much much worse for 4 game series.

At even money for all 3 games of the series you need to win 7 series wagers to cover 1 series loss.
At -130 odds for all 3 games of the series you would need to win 11 series wagers to cover 1 series loss.

This is why I stopped playing this type of chase system.  You can win for weeks straight then in one weekend lose it all if 2 teams get swept.

Good luck to you.







Yes you are correct my 30 wins means that the team won a game in a 3 game set, and once they won the series ended.  And the 2 loses were both from teams that were the dogs in all three games (one of them was a 4 game set though) of the series, but I ended them after the 2nd game.

I started out looking at dogs through the series price lines when I first this chase, but I believe I have tweaked it for the best since then.

Thanks for the point to clear up any confusion.

And best of luck to you as well!

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#13
Posted: 7/12/2011 11:38:21 AM
QUOTE

Originally Posted by elite1111:

comn with you on the second half  like how you dont mind going with big fasvorites   MONEY IS MONEY

Thanks, yes money is money!  A team favored is more likey to win than a dog!

Will try to keep the bankroll for football season growing!

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#14
Posted: 7/12/2011 11:40:46 AM

By the way just to let everyone konw, this is my very first year betting MLB.

From opening day til the end of May, did do so hot (up and down).  But I saw the other chase systems out there, and throught I would create my own to see how it goes!

Pretty good so far....

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#15
Posted: 7/12/2011 11:41:16 AM
QUOTE Originally Posted by jcs1612:

By the way just to let everyone konw, this is my very first year betting MLB.

From opening day til the end of May, didn't do so hot (up and down).  But I saw the other chase systems out there, and throught I would create my own to see how it goes!

Pretty good so far....

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#16
Posted: 7/12/2011 1:12:36 PM
From the looks of things, think I'll only have one play for Series #10....
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#17
Posted: 7/12/2011 2:18:53 PM
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#18
Posted: 7/12/2011 2:39:15 PM
Congrats on ur success using this style of wagering. "Chasing" is a general term that can be taken the wrong way. What's great about is there are so many ways to make it your own and jcs has found his nitch! Looking forward to ur plays
Posted using a mobile device.
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#19
Posted: 7/13/2011 12:36:16 AM
how do you go about football season? Do you chase week to week? or what
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#20
Posted: 7/13/2011 12:50:09 AM
QUOTE Originally Posted by JonBoy1991:

how do you go about football season? Do you chase week to week? or what
That would be the only way to do it. Can't miss a game from a team when you're doing a chase system. But, have to have stop-loss implemented like jcs is doing - you want to limit your losses because an 0-3 can hurt when the team is a favorite each game.

Make sure you have at least 100 units. Also, 0-3 = 1+2+4u = 7u if underdog all 3 games.  If you win 5 series, that's 5 units. So, you have to have a pretty good winrate to profit at this. 30-2 will do it, but imagine losing 3 series in a row. You need to have a lot of units if you do a chase system.
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#21
Posted: 7/13/2011 8:52:57 AM
QUOTE

Originally Posted by JonBoy1991:

how do you go about football season? Do you chase week to week? or what

I have never done a chase system for football.  In the past, I would just pick 4 to 5 games a week and try to pick a winner.

I'm alright a football, nothing special.  Just love watching football, if I can make a few dollars doing then I'm happy with that!

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#22
Posted: 7/13/2011 10:15:56 AM
Good luck on the 2nd half!!!
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#23
Posted: 7/13/2011 10:25:03 AM
QUOTE

Originally Posted by tommyd222:

Good luck on the 2nd half!!!

Thanks!

Best of Luck to you as well!

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#24
Posted: 7/14/2011 10:08:52 AM
Any post all star plays??
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#25
Posted: 7/14/2011 2:17:05 PM
I don`t mean to intrude on your thread jcs1612 but anyone heard from semperfi19 ?
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