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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

Can You Beat Roulette?

If you Google the phrase “winning roulette system”, you will see some pretty outlandish suggestions from the search engine.  It suggests you try searching for “winning roulette system using chaos theory,” and “have you tried the banned roulette system.”  Look down the search results, and you will find dozens of so-called systems for winning roulette.

 

Top 7 Benefits of Gambling Online

To some people, gambling online is the most natural idea in the world.  For others, however, it may seem superfluous.  After all, you already have your local casino, and maybe you love to play there.  Why would you also want to play online?  Here are some of online gambling’s unique advantages!

High Roller Slot Machines Online

Casino websites offer all different kinds of virtual slot machines.  Many of them are delineated based on game play—for example, 3-reel slots vs. video slots vs. slotto slots.  But other types of slot machines are placed in categories according to their coin requirements and potential payouts.  One such category is high-roller slot machines.

 

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. 

Types of Straight Slot Machines

Straight slot machines, also called static slots, can be contrasted with progressive slot machines.  With a progressive slot machine, the jackpot increases on a continuous basis.  With a straight slot machine, you get a standard, fixed payout.  You can read more about the differences between progressive and static slot machines.

Did you know that there are many different types of straight slots? Let’s take a look at a few.

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