I saw another post where the kid had a LOT of chain slack. He took ONE link out, then couldn't put the master link back on. I advised the same bit: Remove the chain from the rear sprocket. Install it on the bottom half of the wheel sprocket. Turn the wheel counter-clockwise and let the tight chain crawl up the wheel sprocket.
With some mounts you can go either direction, it's usually in how your bike wheel drops out of the frame. In all cases a small amount of tension is needed or expected, too tight the chain destroys itself and everything attached to it, too little and it falls off. Even a bike without a tensioner is still technically under tension, if it wasn't it would fall off. The difference is if you're lucky enough to have a perfect line up and excellent mechanical ability to install everything tight enough, centered enough, and correctly.
That much slack is a failure in the "correct" category. You are forcing an object more than its fair share of work when you should be doing it the right way in the first place, that much slack is basically asking a tensioner to keep up with something it wasn't designed for because the people who designed it expected you to install the correct length of chain. If they had designed it for such slop they'd of charged you twice a much to make up for the lack of adjustment and the need for over engineering.
Believe I felt or not (in your case the OP, not the quoted post above) once the chain actually begins to stretch that 1mm of space you might have between the chains is going to become negative half an inch between the chains, it's not going to take long whatsoever for them to start rubbing, when they do you probably shouldn't blame the tensioner again or some other part (like the chain quality or the sprockets because they don't have much if anything to do with the problem.)
Then the loose chain will probably torpedo the rear wheel all because you're a little too stubborn to see the real problem, if you don't like what I or anyone else on this site have to say about it then feel free to join motorbicycling.com where they'll sell you anything they can convince you into believing will fix "the problem." seriously it's true, there are people who believe everything can be solved through buying something instead of learning the simple right way to do it, sucks but true.
Fix your damn chain tension and stop hemorrhaging yourself over non existant problems and get on the stupid bike and ride it.