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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

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?

 

What Are No-Download Online Casinos?

Have you ever tried to download a program to play at an online casino site, only to find out that you couldn’t run the program properly because of compatibility problems?  This is a common situation, especially for players on Macs. 

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.

4 Reasons Online Slots Are Better Than Live Slots

If you are new to UK casino sites and usually head to your local casino to gamble, you may wonder what the big deal is.  You may have heard other people rave about online slot machines, but how much fun can they actually be?  You don’t even get to pull the lever, after all.  Believe it or not, however, online slots really are much better in a lot of ways than live slot machines!  Just check out some of these exciting advantages:

Should You Gamble on Your Mobile Device?

One exciting thing you will discover when you sign up for an online gambling account is the fact that you can now not only gamble at home on your desktop or laptop, but on the go on your mobile device.  Many casino sites offer apps for your Android or iOS device.  That means you can play blackjack, online slot machines, poker, and other fun and potentially profitable games anytime, anywhere, so long as you have an internet connection.  But the question remains—should you?

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