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What is the Paroli System?

If you are looking for a betting system you can use for blackjack, Sic Bo, Pai Gow, or craps, you may have heard of the Paroli system.  This system is sometimes known as the Reverse Martingale system.  What is it, and how does it work? 

 

With the traditional Martingale system, you double all your losing bets until you win.  This is a really bad system for money management, since it can take a very long time to win and make up for all of your losses, and you are likely to bust before you ever do.  The Paroli system is set up the opposite way.  You do not double your losing bets.  Instead, you double your winning bets. 

 

And you are not playing until you win; you are playing until you lose.  At that point, you can either go home, or go back to betting your original amount and working your way up again.  There are specific variations on this system as well.  One common method is to try to obtain three consecutive wins.  Mathematically, each approach has a different result.

 

What is the logic here?  Basically, the assumption is that wins and losses tend to come in streaks, and you want to bet more while you are winning and less while you are losing.  You do not need a huge bankroll to use it, and it is a much more stable method than the  Martingale system or a similar system. 

 

Of course, wins and losses often do not come in streaks, which is one flaw behind this thinking.  There is also a tendency for this system to generate a zero-sum situation rather than a winning situation.  Think about it.  If you tack up several small wins, successfully complete a three-consecutive-win progression, and drop back down to a small amount before you start losing again … great.  You’re in good shape.  If on the other hand you end up losing the largest bet, you just wipe out your smaller winnings.

 

If you want to experiment with money management systems like these, you definitely are better off playing around with the Paroli system than you are messing with Martingale.  It’s important though to understand these systems have all have limitations, largely connected to their underlying logic. 

 

Does winning and losing really happen in streaks?  Actually, with a game like blackjack, it very well might—sometimes.  Maybe you are on top form one week and not in great form the next; that does happen.  The luck aspect though hardly conveniently tracks your progress from game to game.  Lady Luck does not remember whether your last game was a win or a loss! 

 

You might have some cognisance though of whether you are playing well or poorly.  If you suspect your performance is not that great this week, it makes sense to bet less, and if you are pretty sure you are in great form the next week, bet more.  Make sure though you always keep your bets conservative enough to weather your losses, even when you are feeling confident! The majority of the online casino websites have many processes in place for this. After all, even card counters don’t win every time.

Have a read of our useful blog articles

What is a Pachislo Slot Machine?

Online you will find so many different types of slot machines that it can make your head spin, especially if you don’t have a lot of offline gambling experience.  In online casino sites you can find every type of slot machine you can play in a live brick-and-mortar casino and then some.  One type of slot machine you may not have heard of, however, is Pachislo.

 

What is the Snake Bet?

Do you enjoy playing roulette online at UK gambling sites?  If so, you may be looking for roulette betting systems.  One popular system you may have heard of is the “snake bet.”  Please note that the snake bet, like most roulette systems, will not actually increase your odds of winning!  But it looks cool, it’s fun, and it’s very popular all over the world, especially in China, where the colour red stands for joy and luck, and the snake is a zodiac symbol. 

 

Should You Mimic the Dealer in Blackjack or Take Insurance?

Many blackjack novices in search of a betting strategy quickly settle on the notion that imitating the dealer should work.  It does seem intuitive (after all, they have the edge, and if you mimic them, you should pick it up, right?), and it is easy to see why so many newbies get sucked into this misapprehension, but it is actually a bad idea.  Why?

 

Progressive Slots vs. Static Slots

One of the reasons that gambling at online casino sites is so popular is because there are so many different games you can try, including hundreds of different slot machines!  If you have gambled offline in land-based casinos, you may be familiar with progressive and static slot machines.  If you are relatively new to slot machines, though, you may wonder what these terms mean online and offline.  What is the difference between progressive and static slots? 

Is Gambling Online Safe?

If you are new to the world of online gaming, you may be wondering whether it is safe to gamble on the internet.  The short answer to this question is “yes.”  There are a lot of legitimate casino websites which are as trustworthy, stable, and reliable as your local casino.  They may offer you a wider range of games to play, and you can also gamble comfortably from your home computer or your mobile device.  Not all online casinos are safe and reliable, though.  Small casinos sometimes spring up and fold overnight, and when they do, you can lose your money.  There are also sca

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