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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

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

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? 

 

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? 

What Are High Frequency Slot Machines?

When you play a slot machine, you are participating in a game of pure chance.  Since a Random Number Generator (RNG) is what determines whether you win or lose, there is nothing you can do to control the outcome of each spin.

Getting an Edge with Online Slot Machines

There is not a whole lot you can control when it comes to playing slot machines, whether online or in a brick-and-mortar casino.  There are no strategies you can use to manipulate the machines, no cheats you can employ to get past the random number generator that determines whether you win or lose.  But there are some ways you can get an edge if you are smart and selective about what you play and how.

 

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