What is a chase or Martingale betting system? Essentially, a chase or Martingale strategy involves chasing after a win. In this betting method, you’ll be doubling up on the next bet after an initial loss to recoup the previous loss, plus to make a profit. This process continues for a limited number of times until a win is realized. This betting strategy is also called a Martingale system.
This is a betting strategy widely used by bettors who hate losing, for that doubling up after each loss allows them to gain back a profit as long as they can win just one time in the series. But the million-dollar question is: Does this betting strategy really work?
Chase betting can be amazingly effective, but the problem is that most people aren’t doing it right. The wrong way to chase is by making wagers on games where outcomes are independent of one another. For example, let’s say that you like the Yankees in baseball today and the Celtics in basketball tomorrow. You place a on the Yankees today and they end up losing. Would it be wise then to double up the Celtics tomorrow?
The answer is no. What you’ve just heard is a classic example of the wrong way to chase. Here’s why: It’s foolish double up when games have independent results to one another. The Celtics’ performance in tomorrow’s game has nothing to do with how the Yankees perform today. Therefore, to alter your bet sizes based on games where outcomes are completely independent is the wrong way to use a chase strategy. You’ll increase your odds of winning in the short term, but in the long run, you’re gaining any additional edge.
There are only two valid reasons to increase your bet size when betting on sports:
1: You have higher confidence level that the next bet has higher winning probability than your previous bet.
or:
2: You have a larger bankroll than you previously did, thus affording you a higher level of risk tolerance
So what’s the right way to chase when betting on sports?
In sports betting, progressive staking sizes in bankroll management, otherwise known as chasing, can increase your expected win value only in cases where outcomes in a sequence of games may be correlated.
For instance: When a sports team loses one or two consecutive games under specific situations, there is an observed correlating effect on the outcome of their next immediate game at a statistically significant level. Therefore, a limited chase betting strategy applied under certain conditions can be immensely profitable.
The key here is that you need to use the chasing strategy only on games where outcomes are likely to have observed correlating effects. For example, whether the Yankees win or lose today will have no bearing on how the Celtics perform tomorrow. Therefore, using a chase strategy in this condition where games have no correlating results would be principally flawed.
However: If the Yankees lose today, will that have a statistically significant effect on their motivation level to come back and win the next day against the same opponent? That’s where a chase strategy applied in the right conditions can be immensely effective for the smart bettor.
So chase betting strategies do work, but they have to be applied in the right conditions where the sequence of games may have correlating results.
A chase betting strategy is what you’ll see me do exactly as one of my betting methods going forward, in addition to the Round Robins.
Since yesterday, I’ve begun to bet between $5,000 to $15,000 on every single Evolution betting series. Not familiar with how the Evolution betting strategy works? No worries, I’ll get you up to speed.
Here’s how it works: You bet your base unit amount on Bet A. If the A bet loses, then the next bet “evolves” to a B bet where you double up to recoup your loss and make a profit on the B bet. If the B bet loses, then the next bet “evolves” to a C bet where you’ll double up again to recoup your losses so far in the series plus to make a profit on the final C bet. A betting series is considered over as soon as you win a bet in that series.
All of my betting series will involve one team playing against another team in a 3 or 4-game betting series in Major League Baseball. These are the teams that I have personally determined to have an exceptionally high probability to win at least one game in the series.
I am betting between $5,000 to $20,000 to win up to $10,000 on every Evolution series. I expect to have around 6-10 of these Evolution series each week, giving me the possibility to win up to $100,000 every week on the Evolution plays.
So if you do the math: On a week where I hit them all, I’ll pocket between $30,000 to $100,000 in winning profits. When a series loses, it will cost an average of $75,000 to $125,000. A losing series is expected to be offset by the winning series, so even when there is a losing series in the week, the average loss in the bad week is expected to be just $25,000 to $70,000.
So lets assume that I have one losing series a month. This will win an average of $200,000 in profits monthly. If I lose two series in a month, I’ll will win an average of $100,000. It takes 3 series losses in this approach for a break even.
Since I am only taking series where I expect our teams to win the majority of the games in the series, I expect to have a exceptionally high win rate on this approach. The Evolution system is designed with the aim of a consistent money accumulator with high probability wins.
So if you don’t have the emotional capacity to handle the crazy up and down swings of my traditional Round Robin approach until the big streaks hit, then the Evolution betting system may just be that perfect alternative that can pull in for you winners consistently.
As always, you can fully expect me to put my money where my mouth is on these Evolution series, in addition to my regular Round Robin plays. On an average month, I should bet around half a million dollars in total action on my Evolution plays, and I’ll show you all of these betting tickets as they come in.
If I have an excellent month right out of the gate, I could win $400,000 in the next 30 days off these “Evolution” betting series alone! If I have a good month on my Round Robin picks also, then I could win a million dollars overall, that quick.
I started betting on my first official Evolution betting series yesterday on the Nationals as my {A} bet, and as you can see here on the screen, it came through easily. I won $5,000 off my first Evolution bet alone, and $14,684.72 overall for the day yesterday. See my betting tickets below:
$14,684.72 in profits is not bad for a day’s work, right?
I’m very confident that in the next month, I’m going to win hundreds of thousands of dollars off my Evolution series plays.
Now, as promised, I’m going to share with you my free picks for today. You can see here on the screen my free pick for you today in the NBA Playoffs. Take the Under on the Pelicans and Warriors:
Don’t take my free pick for you today lightly either. As you can see, I have $5,500 on the line on this free pick, so if you don’t win, I don’t win. Overall today I’m going to be betting over $50,000 on my picks. If I cannot help you win today, I’m going to lose over $50,000.
How’s that for “putting my money where my mouth is?”
I’m truly going full speed ahead on proving to you that I can win a million dollars in a month of betting on sports.
There’s a new Evolution series starting today, and I’ll be betting big money on it. I’m going to be betting around $500,000 on my Evolution picks each month. If all goes well with these Evolution plays in the next month, I’ll win several hundred thousand dollars on these plays. Hopefully $400,000 to $500,000.
Want to follow along and bet on the same picks that I’m taking myself each day? I’ve won tens of millions of dollars from betting on sports over the years. Now, you can follow me and take on the same picks I’m taking through the premium Whale Picks membership. Click here to lock in your VIP access to The Whale Picks.
To your success,
The Sports Betting Whale
