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  #1  
Old 02-15-2008, 05:42 PM
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Modified Chase Betting System

I have been experimenting with a progressive betting system over the past three weeks and have had some surprising success so I have decided to begin posting it here at Cappers Mall. This is purely an experiment and I may call it off at any time if things do not continue to go my way. I got the idea from watching another gambler’s NHL and NBA plays, found it interesting and decided to have a go at it myself. For this project, I will place my wagers solely at BetJamaica as I have a healthy balance remaining there.

In the past, I have had some decent success handicapping sides and totals in the NBA. The system that I have been experimenting with is a modified "Martingale" system except that this experiment has a little twist to it as I will NOT be chasing the same team until it covers. I know, Martingale will virtually assure losses to a gambler without a huge bankroll and the risk can grow very large very quickly but I do not intend to “chase” for more than three games.


Instead of the standard Martingale, I will not be chasing a team but rather a loss. I will be playing in a series pattern, starting with Series #1. For each series, I’ll have four chances to get a win. The goal of each series will be to win $100 or close to it. All my lines will be -110 or better. I will call the plays a, b, c & d within a series and once a win occurs, the series will be closed and I will take whatever profit there is.


This is not for the faint of heart and I do not recommend that anyone follow this unless it somehow shows a long term success.

The plays will occur in this manner over the course of each series:
a) Risk $110 to win $100 (series wins $100); if this loses,
b) Risk $220 to win $200 (series wins $90); if this loses,
c) Risk $440 to win $400 (series wins $70); if this loses,
d) Risk $880 to win $800 (series wins $30); if this loses . . . . Oh, well.

My idea is that it will be rare that I lose four games in a row in any given series and during my early experimentation, I have not. If I do lose all four, my loss will be $1650 on that series and I will begin a new one. It’s as simple as that.


All of my plays will be NBA sides and totals but I will run separate categories for each and I will have somewhere between one and three series open at all times for each category. Once a series closes, I will have the option of either opening a new series or trying to close an opened series with the next play and that will be determined by my perceived strength of my play, so obviously I’ll use my stronger plays on the open series as each loss occur.

All of my plays will be posted in this thread and I will begin after the All Star Game.

Wish me luck!
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  #2  
Old 02-15-2008, 06:34 PM
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goodluck on your quest
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  #3  
Old 02-15-2008, 07:51 PM
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Good luck Judge
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  #4  
Old 02-16-2008, 01:16 AM
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BOL on your system!
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  #5  
Old 02-16-2008, 11:10 AM
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Good luck Judge, I like it. I have a couple of different roulette systems based the same way, the only thing I like to do is pay myself a bit more profit if I go deep into a series ( sweating out a big bet does not seem worth the smallest profit).
I always thought combining this type of system with another proven system would prove to be very profitable but, I have not yet tried. ( unranked home Fav in CBB for example)

I'll be watching ( and probably tailing)

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  #6  
Old 02-16-2008, 11:39 AM
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good luck Judge.
I'll tail you and buy you a beer (or 6) if we win.
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  #7  
Old 02-17-2008, 01:38 AM
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GL Judge. I can't wait to trail this one
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  #8  
Old 02-17-2008, 07:12 AM
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GOOD LUCK!!!

This season I'm also chasing a loss instead of a team with my full game system plays. My research over the last 5 years based on my systems plays indicated an average of 4 series going past the 4th play per season.
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  #9  
Old 02-17-2008, 09:18 AM
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I understand the betting pattern, but how are you going to pick the games? Any narrowing factors?
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  #10  
Old 02-17-2008, 11:20 AM
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Quote:
Originally Posted by jonnyblaze
I understand the betting pattern, but how are you going to pick the games? Any narrowing factors?
Just using standard handicapping techniques, JB.
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  #11  
Old 02-17-2008, 03:31 PM
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I did this with Black Jack in Las Vegas, end up won almost 3K, Minimum bet is $10 and maximum bet on the table had to be 10K.

Always start back to minimum bet after the WIN
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  #12  
Old 02-17-2008, 05:01 PM
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Good luck Judge. Looking forward to see how you do.
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  #13  
Old 02-18-2008, 08:10 AM
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GL on the system Judge, this will be interesting to see how this works out.
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  #14  
Old 02-19-2008, 04:59 PM
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good luck to you.. will try to follow your picks!
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  #15  
Old 02-19-2008, 05:55 PM
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TOTALS
Series 1 (02/19/08)
a) HOU/CLE OVER 185.5 (110/100)

Series 2 (02/19/08)
a) CHA/SAN OVER 186 (110/100)

Series 3 (02/19/08)
a) GSW/UTA UNDER 225 (110/100)


SIDES
Series 1 (02/19/08)
a) NY KNICKS +5.5 (110/100)

Series 2 (02/19/08)
a) HOUSTON -1 (110/100)

Series 3 (02/19/08)
a) ORLANDO +6.5 (110/100)
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Last edited by The Judge; 02-19-2008 at 05:57 PM.
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