Monday, 9 October 2017

Casino - Paroli Betting Strategy

paroli betting strategy
Paroli is an easy betting strategy that relies on positive progression- increasing stakes when wining and keeping tem low when there a losses. It works on the premise of wins and losses coming in streaks, and emphasizes on taking just one unit of stake from the better’s bankroll at every try. An increase of stake only comes after a win, meaning the extra risk is on money earned from the house.

The strategy, in existence since the 16th century, divides a betting event into sessions of three tries each. The aim is to register three successive wins, but also keep losses low in the event this does not occur. Each stake is increased by a unit in the event of a win, and kept at one unit whenever a loss occurs.

Example:

With a £1000 bankroll divided into £50 units.

At the start of session, bet £50. If you lose, you bet another £50, and if you lose again you end the session with another £50 bet. Your net loss is £150.

If you win the first time, you place £100 in the second round. If you win again, you place £200 in the last and final round. A win will give you a £400 pay-out, which amounts to a £350 (7 units) profit. After this point, you should begin another betting sequence with one unit.

There are eight possible outcomes in a Paroli strategy of three steps: Two wins, one break even and five losses.

Bet 1
Bet 2
Bet 3

Net result

-50
-50
-50
-150
-50
-50
+100
-50
-50
+£100
-£100
-£100
-50
+£100
+200
+£100
+£50
-£100
-$50
-£100
+$50
-£100
+£50
+/- 0
+£50
+£100
-£200
- £50
+£50
+£100
+£200
+£350


The upside of the Paroli system is that it requires a discipline that keeps your stakes low during losses, thus making them easy to recover with one or a few wins.

However, there is no guarantee of a win in any one three-step sequence, and the little losses may accumulate over sequences to a point where they are not easily recoverable with the same betting strategy.

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