We’ll look at the Paroli betting strategy in this article. What is the Paroli betting strategy, and does it actually work?
What Is The Paroli Betting System?
The Paroli betting system is a betting model that entails players increasing their wager after every win.
Punters who use the Paroli betting system place small stakes. In roulette, players using this system place bets on the outside bets, making use of the better winning odds.
Some gamblers refer to it as the ‘Anti-Martingale system’, where instead of doubling your bet after a loss, you double it after a potential win.
How Does The Paroli Betting System Work?
Start by deciding what your starting bet is for each round. If you lose, you place the same bet for the next round. Alternatively, if you win, you take the value of your first bet plus your win value and bet this total; this is your first progression.
If you win the next round, you take the bet value plus winnings and place the total as your next bet value.
You decide how many progressions to aim for before collecting your winnings and restarting.
Which Games Can The Paroli System Be Applied To?
Paroli system in roulette
You can place any bet, but this system is most commonly used for placing outside bets. Place your first bet. Then, if the bet wins, the player doubles their stake (i.e. bet the same amount + winnings), while a loss prompts you to bet the same stake.
Paroli system in blackjack
If a player wins, their bet amount doubles. However, if they lose, their initial bet amount stays the same. So, a potential win means you double the stake again.
Does The Paroli Betting System Actually Work?
The Paroli betting system doesn’t work because it doesn’t factor in house edge or randomness in casino games. For example, increasing your stakes doesn’t change the winning odds.
In addition, there’s no method you can use to increase your odds because most online casino games use Random Number Generators (RNGs). RNGs generate random outcomes on each new round, so you cannot predict any potential win/loss.
Strategies like the Paroli system are better described as bet management systems as they are mainly there to provide some structure to your betting. Unfortunately, they cannot improve your chances of winning.
Paroli vs Martingale
The main difference between the Paroli system and the Martingale system is that one works by doubling the bet after a loss (Martingale), while the other involves doubling your bet after a win (Paroli).
Both systems share similarities in that you start with a single betting unit. In addition, both strategies are applicable in most casino games, including blackjack and roulette.
The Martingale system may be the most popular of the two, but it also has the potential to lose you more money more quickly. However, some prefer the Paroli system because, apparently, it is easier to manage.
It’s great to have info on the different betting strategies but remember that they have the potential to cost you more money in the long run. Ultimately, the Paroli strategy does not affect the odds of winning; every casino game regardless of it being at a slot site or land based casino is random and winning is not guaranteed.