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Old 7th December 2012, 04:37 PM
evajb001 evajb001 is offline
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Join Date: Oct 2009
Posts: 463
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Your welcome Barney, like I said just an idea based on no evidence at all but logically to me it would seem your limiting losses while retaining the same level of profits as you would have had anyway.

i.e. In my example, if Banana was to win when its race was run, not only have you obtained the $10 profit you were aiming for anyway, but you've already recouped some of Apples losses.

docdapunta - I've read a lot that basically says the same thing, any chase system is bound for 'eventual' failure. However this depends a lot on the size of your bankroll and your unit size. For example a betting system may 'eventually' hit that run of losses that destroys your bankroll on a chase system but with extremely conservative staking that run of losses could be a il nino 1 in 100 years thing that wont happen while your betting the system.

I personally don't think chase systems are a great idea but believe they can be used profitably if the right system presents itself.
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