Throwaway through impact on certain pitch/chip shots will help create more "bite" because there is less compression as leo pointed out and there is added loft through impact (which will impart more spin) due to the throwaway.
This is why you will see so many pro's with bent left wrists through the ball on their chips/pitches because they need it on their harder/faster greens
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I'm not a TGM or PGA certified Pro, but I did stay at a Holiday Inn Express last night
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