In a skillet, sauté the cubed top round beef until browned.
Transfer the beef to a large chili pot.
Add grated onions, minced garlic, water, and chicken broth to the pot.
Cover and simmer for 1 hour and 30 minutes.
Stir in tomato paste, chili powder, ground cumin, and Tabasco pepper sauce.
Continue cooking on low heat for another hour.
If needed, add hot water to adjust the consistency.
After a total cooking time of three hours, serve the chili hot, adding an additional dash of Tabasco pepper sauce to taste.
Notes / Tips / Wine Advice:
The bold flavors and heat of this chili call for a wine with good acidity and fruitiness to balance it out. Consider pairing it with a Zinfandel or a Syrah for a delightful combination.