Drawbacks of Chasing the Steam

Drawbacks of Chasing the Steam
August 5, 2022

The allure of chasing steam is strong. When you see a team that is heavily favored to win, and they end up losing, it's natural to want to chase that loss and try to make some money back. However, chasing steam can be a very dangerous proposition - especially when it comes to online sports betting.

In this article, we will explain the drawbacks of chasing steam, and why it's important to avoid this type of betting strategy. We'll answer all your questions about the drawbacks of chasing steam, so you can make an informed decision about whether or not this type of betting is right for you.

What Is Steam?

Steam is the physical expression of smart guy activity. Have you ever noticed a line go up or down a few points? When the line changes more than a point, especially when the favorite is lowering, it is most often due to sharps betting on the underdog as if they were reading tomorrow's newspapers. This is referred to as steam.

Chasing Steam

Chasing steam is when you bet on a team that is heavily favored to win, and they end up losing. For example, let's say you bet on the New England Patriots to beat the Miami Dolphins in Week 14 of the NFL season. The Patriots are a heavy favorite in this game, and they end up losing by double digits.

Now, you might be tempted to chase that loss and bet on the Patriots again in their next game - against the Buffalo Bills. However, this would be considered chasing steam. And it's generally not a good idea.

Reasons Not To Chase Steam

Why? Well, there are a few reasons. First of all, when you chase steam, you're betting against the sharpest bettors in the world. These are the guys who make a living betting on sports, and they're usually pretty good at it.

Secondly, when you chase steam, you're risking a lot of money to win a little bit. Let's say you bet $100 on the Patriots to beat the Bills. If they lose, you've just lost $100. But if they win, you'll only win $50 - since the Patriots are still heavy favorites in this game.

So, as you can see, chasing steam can be a risky proposition. And it's generally not a good idea - especially if you're trying to make money betting on sports.

Should we pursue steam and take lousy numbers just because the experts are divided? The only way to get on the right side of things from Jump Street is if you are either a significant player with the clout to alter lines all by yourself because bookies all over the world fear you, or you simply happened to wager the smart guy side by chance.

Here's some sound advice. Never, ever pursue the steam! Remember, the savvy men don't always cover; they just win more than the average gambler and have large enough bankrolls to profit even if they only win at a 54 percent clip. The fundamental difference is that they are receiving the best lines while you are not. If you're laying terrible numbers, your winning percentage will not match theirs.

Key Takeaway

When you chase steam, you're betting against some of the sharpest minds in the industry. These professional bettors usually know what they're doing, so it's not wise to try and beat them at their own game. Chasing steam is often a losing proposition because you risk more money than you stand to win.

What are your thoughts on chasing steam? Have you ever done it? Let us know in the comments below! If you have any questions about the drawbacks of chasing steam, or if you want to learn more about sports betting, be sure to check out our website. We have a ton of great resources that can help you become a successful sports bettor. Thanks for reading!

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