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Chase Betting Systems (Also Known As Dog Chase Betting)
If you’re a seasoned sports gambler, you know the old adage that if you chase your losses, you’ll lose your shirt and be sure to blow your account. It’s time to throw all that nonsense out the window and learn for the first time that chasing your losses is the best possible scenario. In order to make money using a suit betting system, you need three things at your disposal:
1. A decent bankroll (or account balance)
3. A strong stomach to carry out the plan
The old adage says that he who chases his losses will burn his bankroll. That’s true, only if you don’t have a real plan, a strong stomach, and a decent bankroll. Let me explain. The old adage comes from the player who bets $100 on team 1 to win today. Team 1 loses, so tomorrow the player bets $200 on team 2 to win (he thinks he can’t lose twice in a row and moreover team 2 is a safe bet). Team 2 loses, then on day 3 he bets his remaining bankroll on team 3, he loses and in three days his bankroll explodes. The old adage is true, for that player…not for you.
You see a hunting system uses simple math to make sure you never lose money. However, you have to make sure that you bet the correct amount and you have to have the courage to follow this program. The system is easy to follow regardless of the sport you are betting on and whether you are chasing a specific team or a general sport. In 2007, the AFSB completed a study of the pursuit system in the NHL focusing on the Montreal Canadiens. The system worked like this: On day 1, $25.00 was bet on Montreal, if Montreal lost, then the next time Montreal played $50.00 was bet on Montreal, if Montreal lost again, then the next game, $100.00 was wagered on Montreal, if Montreal lost that game then $200.00 was wagered on Montreal and so on until Montreal wins or you run out of money. Once Montreal wins the system resets and the next time Montreal won $25 was wagered on Montreal in their next game, if they lost, in the next game $50 was wagered on Montreal , however, if they won, then in the next game, $25 was wagered on Montreal.
This simple system brought us $1,210.00 in the 2007 NBA playoffs (see our absolutely free sports betting article regarding the NBA Dog-Chase system). We used this system again in the 2008 MLB playoffs and raised $1,373.00.
During the 2010 NCAA Basketball season, we are using this system in a more generic way. We play a Dog-Chase and a Favorite-Chase which are not team specific. Click on our Free Picks link to see details of the 2010 NCAA Basketball Chase system in action.
In order to ensure that your account does not collapse, we recommend that you only bet with 1/4 of the normal amount you play with per game. For example, if you bet $100 per game, under a chase system, you should only bet $25.00 per game. That is why:
The chase system is based on the principle that you should not be able to incorrectly handicap a game for seven consecutive days. If you bet $100.00 per event in a suit system and get it wrong 7 times in a row, you would bet $6,400.00 on the seventh game ($100, $200, $400, $800, 1,600 $, $3,200, $6,400). To protect yourself, you must bet 1/4 of the normal amount. In our examples, we assume that 1/4 would be $25.00 per event ($25, $50, $100, $200, $400, $800, and $1,600).
Let’s examine the power of the Chase system. Let’s look at a player who bets on 14 games (1 per day, over a period of 14 days) and this player does not do so well, he wins 6 and loses 8. Example 1 below shows if he simply bets 100 $.00 per game at normal level. -110 per game. Example 2 shows the same player with the same results, however, he bets $25.00 in a Chase system.
Example 1 – Sports Gambler who wins 6 bets and loses 8
bet $100.00 per game, one game per day
Game 1: Winner, $91.00
Game 2: Winner, $91.00
Game 3: Loss – $100.00
Game 4: Loss – $100.00
Game 5: Loss – $100.00
Game 6: Winner $91.00
Game 7: Defeat -$100.00
Game 8: Defeat -$100.00
Game 9: Winner $91.00
Game 10: Loss – $100.00
Game 11: Winner $91.00
Game 12: Loss – $100.00
Game 13: Loss – $100.00
Game 14: Winner $91.00
This player is 6-8 and lost $254.00 over a two week period.
Example 2 – Sports Gambler who wins 6 bets and loses 8
bet $25.00 per game (with chase rules), one game per day
Game 1: 25 is wagered and wins $23.00, so next game:
Game 2: 25 is wagered and wins $23.00, so next game:
Game 3: 25 is a bet and a loss of -$25.00, so next game:
Game 4: 50 is a bet and a loss of -$50.00, so next game:
Game 5: $100 is bet and Loss – $100.00, so on the next game:
Game 6: $200 is wagered and wins +$182.00, so next game:
Game 7: $25 is bet and Loss – $25.00, so next game:
Game 8: $50 is bet and Loss – $50.00, so on the next game:
Game 9: $100 is wagered and wins $91.00, so on the next game:
Game10: $25 is bet and Loss – $25.00, so next game:
Game 11: $50 is wagered and wins $45.00, so next game:
Game 12: $25 is bet and Loss – $25.00, so next game:
Game 13: $50 is bet and Loss – $50.00, so next game:
Game 14: $100 is wagered and wins $91.00
This player is 6-8 and made $105.00 over a two week period with a losing record.
Obviously you can use this system as you see fit, here are some possibilities:
(1) Team specific. In 2007, in the NHL, we only used this system to bet on Montreal. If Montreal lost, we doubled the next game, if they won, then the next game we went back to where we started.
(2) Position Specific: In 2010 we play a dog and a favorite every day in NCAA basketball, if the dog loses we double up on another dog the next day, if the dog wins the next day , we go back. at our starting point. (Same goes for our favorite system)
(3) Specific position within a series: In the 2007 NBA playoffs, we played on the dog throughout a series, so the dog could be team 1 in the first game against the team 2, but team 2 could be the dog in game 2. We played on the dog regardless of who we played in the previous game.
You should be warned, there will be a time when you find yourself betting more than ever on a game, however, when that game hits your profits, your profits will skyrocket. Please don’t bet your normal unit, bet 1/4 or less.
If you’re skeptical, check out our 2007 NBA Dog-Chase article, check out our 2008 MLB Playoffs results, or just click the Free Picks link on our website and see how the system works in 2010. Once you see how well it works, you will be hooked.
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