Chance got extra points for (1) his managerial record and (2) being in a poem. He remains the only manager in history to win a World Series with the Cubs, winning two World Series and four pennants between 1906 and 1910.
They never wrote a poem about "Larkin to Reese to Casey."
Yes, he was a bad pick for the HOF. Tinker was also a bad pick. Evers was more justified, if marginal.