Anyway, math plays the great role even in choosing what to play (at least it should) but let us pretend for now that that is not the case, that we choose our favorite by instinct, guts or some info that we got somewhere and somehow.. Later I will say much more about - mathematical approach on - how to pick what to play.
But for now, lets stick to the part that comes after we have picked our favourites..
So, we have 5 games to wager on. They all play at different time. All even odds (+100) and we think that we have good chance to win some money by using a "chase" principle.
Well, the answer is: no, we don't have good chances. We have average chances, actually, in the long terms, the same chances for losing our money - as to win any. Notice that it is the same situation that we have when we play only one game. So, why waste time x5?
But don't get scared and believe that "the chase is a dangerous road", it is not dangerous - the thing about it is - we know where it leads, it leads to zero. Eventually you lose, bad luck streak catches you and you lose all winnings and end up in zero, as you would if you have played singles, with even odds and maching chances. "Chase" is an illusion and winning long term in that mode can be achieved only if you pick winners above expectations.
But, if you do pick winners more often than the average player, you have real chance to be a successfull bettor.
And then, it is so important to use any tool that will give you the edge over bookies, especialy in therms of an invest size and accumulator systems.
By using math you could calculate gain achieved by using chase and the one achieved when some real science was used. If I go deeper in calculus, then my promise about 6th graders understanding this, will be broken.. so for now this will have to do
And "chase" vs "real math" will have to become "well known fact that math rules any time.."