Betting systems and strategies have existed since the time casino gambling has been around. While some betting systems are exclusive to a single game, others can be used in multiple casino games. One such betting strategy that can be applied to a multitude of casino titles is the Paroli betting system. In this article, we offer a comprehensive overview of the Paroli system and explain how to use it when enjoying casino gaming online.
What is the Paroli betting system?
Simply put, the Paroli system is a betting strategy that’s based on positive progression. For players who are unaware, a positive progression system requires players to double their wager size every time they win. The Paroli betting system is popular among casino players as it doesn’t require the usage of large bankrolls and consistently improves the chances of winning.
History of the Paroli system
The Paroli betting system has been around for quite a while now. It’s believed that the Paroli system was developed by French mathematician Blaise Pascal, who also happens to be the inventor of the Roulette wheel. While the system was invented in the 1700s, it wasn’t until the start of the 20th century that it started gaining traction among casino players.
Today, the Paroli system has become one of the most widely used betting strategies at both land-based and online casinos. The name of this system is derived from the Latin word “par”, which translates to “one that is equal”. The Paroli system is also sometimes referred to as the Reverse Martingale system, as its basic premise is just the opposite of the popular Martingale method.
How the use the Paroli betting system
If you’ve used any other betting system to play Roulette online, then you’ll no trouble in getting started with the Paroli method. And for players who are completely new to the concept of betting strategies, below is a step-by-step breakdown of the Paroli system.
Step 1: Choose your base stake
The first thing you need to do when opting to use the Paroli betting system is to decide on your base stake. The base stake, also referred to as 1 Unit, needs to be fixed for that particular betting session. For instance, if you have a bankroll amount of £500 to wager on a given betting session, then you’d preferably select £1 or £5 as your base or unit stake.
Step 2: Double down on winning
Once you manage to get a winning bet, you’ll double your bet amount. So, if your base stake is £5, your next bet would be £10. You’ll once again double down on your stake size if you get a second consecutive win. That way, your stake amount will now increase from £10 to £20.
Step 3: Cease doubling down after three consecutive wins
The Paroli betting system requires players to stop doubling down after having three wins in a row. This is irrespective of whether you’re playing at live casinos online or on internet gambling sites.
Step 4: Wager your initial amount after losing
If you happen to experience a losing bet when using the Paroli method, you reset the bet amount to the initial stake size.
What casino games can the Paroli method be applied to?
The Paroli betting system can be used for both casino gambling and sports betting. But many people prefer applying it to casino games that are based on the element of luck. They are:
- Roulette
- Craps
- Online Blackjack
- Sic Bo
- Craps
- Pai Gow Poker
- And many more!
Advantages of the Paroli method
As explained earlier, the Paroli strategy is based on positive progression. And one of the greatest benefits of the positive progression system is that it’s pretty straightforward to use. Unlike some other betting systems, you don’t need to follow a complex sequence of numbers or use a sophisticated cheat sheet here.
With the Paroli system, the risk of hitting the table limit and losing significant amounts is comparatively low. Also, this method increases your chances of grabbing decent and consistent wins.
Disadvantages of the Paroli method
As with any other betting system for online and mobile casino games, the Paroli method comes with its own set of disadvantages. First, there’s no guarantee that the Paroli method will always work. As such, there are chances that you may end up losing money while using the system.
For some players, the simplicity of the system may make it a bit boring to use in the long run. Also, many experienced players say that the Paroli system only generates short-term profits.