Paroli strategy refers to a betting system widely popularized within the gaming community. It is a positive progression system (also called ‘reverse martingale’) frequently used in the context of betting on single odds. For players, it consists in increasing their bets after each victory. Learn more by continuing to read this article!
Paroli strategy designates a system of positive progression which intends to densify your gains during a winning streak. The Paroli strategy is over 100 years old. It was used for the first time at the Monte-Carlo casino. Since then, it’s been one of the hottest marketing strategies around the world.
Paroli takes its name from the Latin ‘par’ which means ‘equivalence’. Victor Bethell, the pioneer of this wagering system, mentioned in his book ‘Monte Carlo Anecdotes‘ (published in 1910) that it was a wagering system that works in a manner contrary to the martingale. Besides, it is also called ‘reverse martingale’. To tell the truth, it seems that the Paroli strategy mixes elements of the martingale with other elements that are in opposition to it.
The Paroli strategy starts from the premise that the series of victories and defeats alternate. In fact, players are asked to increase their stakes during the winning streak to increase their profits and to decrease their stakes during the losing streak. In addition, the Paroli strategy instructs you to risk only one unit when placing your bets.
The Paroli strategy can be applied to all casino games. All players who love this system apply it to games of chance such as roulette, craps, baccarat, Sic Bo, Pai Gow Poker, and, to a lesser extent, blackjack. The majority of users of this betting strategy will tell you that it is rather calibrated for roulette and baccarat.
You will have no trouble learning how the Paroli strategy works. If you have never used it in the past, let us describe it to you in detail.
Rule 1 – Define a basic bet
To use this system effectively, you will need to define a basic stake (it will be called ‘unit’). Also, take your bankroll into consideration when determining it. Indeed, if your budget is € 500, it would be ill-advised on your part to choose a basic bet of €50. Prefer instead a basic bet of € 1 or € 5 (depending on the table limits). If you are a high-roller and have a budget of € 10,000, it is obvious that you can afford to choose a basic bet set at € 50 or € 100.
Rule 2 – Double your bet after each win!
As soon as you win, double your bet. So, if you have chosen a basic bet of € 10, your next bet will be € 20. If you win the round again, bet € 40 in the next round.
Rule 3 – Do not increase your bets after 3 consecutive wins!
If you only swear by the Paroli strategy, you will have to stop doubling your bets after 3 successive wins. Start betting your initial unit again.
Rule 4 – Replay your base bet after a loss!
After conceding a defeat, go back to the basic bet you determined before you start playing your favorite game.
To fully understand the principle of the Paroli strategy, it is better to illustrate it with an example. Also, we have chosen to present it to you at roulette. Imagine that you decide to place a bet of € 10 on the red numbers before the croupier activates the roulette. If the ball lands on a red number, you have won. If you have chosen to use the Paroli strategy, you will need to double your bet in the next round.
Therefore, if you have wagered a € 10 bet, you will need to place a € 20 bet in the next round. Basically, you will bet your initial bet and the winnings you have just won. If you win again, you will have to double your bet again. This time, you will have to bet € 40. If you manage to win a third win in a row, you will have to bet € 80 during the next round.
This wagering system tells you to stop doubling your wagers after 3 successive wins. In fact, you will not have to bet € 160 during the fourth round. You will return to your basic bet of € 10. If luck is not on your side and you concede a defeat (during the second round, for example), this will not cause considerable damage to your bankroll.
The Paroli system is applicable to both inside and outside bets. However, it is better to place outside bets. Indeed, betting on simple chances (red, black, even, odd, pass, and miss) will give you more mathematical chances of accumulating wins.
We share the view that the Paroli strategy is much more promising than its counterpart with negative progression (martingale). Why? Let us explain it to you!
The Paroli strategy is often defined as the exact opposite of martingale. Where the martingale system starts from the premise that the losing streak is not intended to last long, the Paroli system focuses instead on consecutive victories. In absolute terms, the Paroli system presents fewer risks.
Indeed, large bets are made using the winnings that you have accumulated in previous rounds. They do not constitute a financial sacrifice from your bankroll. Conversely, martingale aficionados use their own money to double their bets after each defeat. The martingale is a negative progression system which often generates more losses than gains.
Since it requires you to double your bets after each win, the Paroli strategy can present certain dangers. However, keep in mind that betting systems are sometimes worth their weight in gold! Like most things in life, the Paroli strategy has its pros and cons. Here is the exhaustive list!
Benefits
Disadvantages
If you have never used the Paroli strategy in the past, we recommend that you put it into practice on our free games. Try it at roulette, baccarat, or even blackjack.
The Paroli strategy is one of the safest wagering systems in the game world. If you like structured systems, this is the strategy for you! It is a positive progression system. As a result, your losses will be minimized. If you wish to experiment with this real money betting system, we recommend that you choose one of the many online casinos from our official list and claim your bonus on the way. Good luck to you!
CasinoTops.online is an independent website that provides information, reviews, and recommendations about gambling at Online and Live Casinos. There are Age & location restrictions on where you can gamble online from. Ensure that you meet these requirements by referring to the casinos’ Terms & Conditions. It is your responsibility to ensure you comply with all legal requirements for gambling online.
