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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 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. 

 

What Are Online Fruit Machines?

In the UK, fruit machines are pretty much a pub standard.  In fact, that’s why we also call them pub slots, and around the world, they are known as UK pub slots.  As you might guess, an online fruit machine is just the casino site's virtual equivalent of the fruit machine you might find at your local pub.  It includes the same basic features, though of course the virtual versions of the machines may include extra features you do not find on live slot machines.  In particular, they can include diverse and unique bonus rounds. 

 

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?

 

Pros and Cons of Online Poker

The idea of playing poker online may seem like the most natural thing in the world to you, or it may seem counterintuitive.  In some ways, it is.  We have all heard the saying that when you play poker, you do not play your hand, you play the person sitting across from you.  So how can you play poker on the internet where you are not even face-to-face with your opponent?  Believe it or not, it can be done to great success if you have the right strategies.  Is it the right move for you?  Check out the pros and cons of playing poker online.

Pros:

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.

 

Risk Disclaimer: Please remember that gambling should be engaged in for the purpose of entertainment only. Problem gambling can have serious adverse effects socially and financially. Casino-Sites.co supports responsible gambling. In the UK it is illegal to gamble if you are under the age of 18!