The Paroli System – Use Your Winning Streak

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Casino gamblers have always been looking for new ways to beat the casinos and systems like The Martingale System have been often used to try to do just that. Some hundred years ago, a Monte Carlo gambler by the name of Victor Bethell invented a brand new betting system, which he dubbed The Paroli System.

The Paroli System is a positive progression system which aims to maximize winnings during winning streaks and minimize them during losing streaks. Of course, thinking about gambling in streaks is not exactly a mathematical approach, but if you have ever gambled yourself, you will know that streaks are a very real thing and that they do happen.

  • The Paroli was invented in Monte Carlo
  • It is a positive progression system
  • Players gradually increase bets to win back their stake with a profit
  • The Paroli is much less risky than The Martingale
  • The system does not diminish or increase the theoretical house edge

Victor saw this as well and he invented The Paroli System as a way of trying to get the best of when he was running hot and not lose as much when he was not. The main advantage of The Paroli System compared to The Martingale System is in the fact that The Paroli does not always increase the bet, so the risk of losing big is not nearly as real as it is with The Martingale.

How Exactly Does The Paroli System Work?

The Paroli System is best used at online casino games that offer even odd bets. Games like roulette and baccarat are the best examples of this and playing The Paroli System on roulette is the most common use of the strategy.

The Paroli System assumes that both wins and losses come in streaks, so it tries to capitalize on these streaks by increasing the bets when winning and leaving them intact when losing. For example, if you are betting on red/black on roulette, you will be betting one unit as long as you are losing. Once you win, you will double your bet and bet the same colour again. If you win, you will double your bet again.

Effectively, you are always only risking a single betting unit when betting with The Paroli System. Any time you are betting more, you are only really betting the profits from the last bet, so you are trying to run that win up. With a little luck, some fairly big profits are possible, as winning streaks do happen often enough in even money betting.

Here is an example of how The Paroli System Progression could look:
 

Your BetBet OnYour WinYour Action
$10Black$20Keep Betting
$20Black$40Keep Betting
$40Black$80Keep Betting
$80Black$160Keep Betting
$160Black$320Take The Money

In this example, we have made $320 by initially only risking $10 and only winning five times in a row. If you have ever played roulette, you will know that runs like this do happen quite often and all you need is for a run of five wins to happen once in every 32 attempts to break even. With just a tiny bit of luck, you will easily end up breaking a profit on the night.

Of course, The Paroli System can lead to some disappointments, but it can also lead to some massive wins. If you think of the example above and keep betting for just two more numbers, you would be winning more than $1.000 for a $10 initial bet, and now we are starting to talk some serious money. The more you risk with The Paroli, the more you win, and such is the nature of gambling.

Advantages of The Paroli System

Compared to most other betting systems out there, The Paroli does not put the player at nearly as much risk. For example, if we take the example we used previously and decide to always cash out when we run it up to $160, we will be wining quite often. This means that a bankroll of $300 will be more than sufficient to keep running the system for hours on live dealer casinos and having a blast while doing it.

On the other hand, some other systems, like The Martingale, threated to quickly run up our bet to amounts that are much bigger than our initial stake and force us to risk hundreds if not thousands of dollars to win a single dollar or five dollars. Quite clearly, The Paroli System offers a massive advantage in this.

On the other hand, the chances you will come out on top with The Paroli are just as reasonable as they would be with The Martingale, as the general house edge and your odds of winning on every spin do not really change. Overall speaking, all of this makes The Paroli the more prudent choice of smart gamblers.

The Disadvantages of The Paroli System

The Paroli System is not a perfect betting system of course, and like any other betting strategy it does not guarantee that you will end up winning. Much like The Martingale, The Paroli works great until it doesn’t. A long losing streak will end up with you bleeding your bankroll away, one unit at a time.

The good thing about The Paroli is that you will never lose nearly as much as you would with The Martingale in any single session, and you can easily limit your losses, by choosing the total number of units you are prepared to lose. If you were doing this with The Martingale, your sessions would probably not last very long, as the progression can get pretty brutal pretty fast.

The Paroli is a much milder version of a betting progression and one that will offer you a ton of fun and plenty of chance to come out on top while not risking massive amounts. The only real disadvantage of the system is the fact that you can still lose, but there is really no way to avoid the risk altogether.

Take The Paroli to The Tables

One of the oldest and most used betting systems is waiting for you to take it to the tables and see if you can finally beat the casinos. The system is most well used at the roulette tables, but games like baccarat and any other game with even money odds will do just fine.

Pick your real money casino today, claim your bonuses and start your Paroli progression. With a little luck and some skilful betting, there is a very good chance that a small bankroll will take you a long way. If you have grown tired of betting huge with The Martingale, The Paroli offers a solution to your woes.