With a paper towel, pat the meat dry and season with salt and pepper.
In a dutch oven on medium heat, sear the meat in batches and remove to a separate plate. Once all the meat is seared, add olive oil to dutch oven, and sweat the onions for about 7 minutes until soft and fragrant. Add the bell pepper, jalapeno, and garlic, and cook for an additional 3 minutes. Add the chicken broth, beef broth, tomato sauce, the Batch 1 of seasonings and let simmer for 40 minutes, stirring occasionally.
After 40 minutes, add Batch 2 and let simmer for another 30 minutes.
After 30 minutes, add Batch 3 and let simmer for an additional 30 minutes.
Minutes before serving, add Batch 4. Serve with tortilla chips, diced white onion, and fix-in's of choice.
Recipe by Amy vs Food at https://www.amyvsfood.com/2016/09/13/almost-famous-chili/