The Best Guide to The Paroli Betting System

Paroli betting system
Paroli betting system

The Paroli Betting System is one of the common betting methods used by real money online casino gamblers. As we are always looking for new ways that we can the best out of the casino. That is one of the reasons why we have so many betting systems.

This system is also known as the reverse Martingale System. Therefore, on this page, we, as Casino Hype will look at what this positive progression system holds for all the US gamblers. What the Paroli system is, and how can use to use real money at an online casino. Not forgetting the pros and cons of using this system.

History of the Paroli Betting System

History of the Paroli Betting System
History of the Paroli Betting System

The system is over 100 years old and was first used in the gambling mecca of Monte Carlo.

The system gets its name from the Latin word “par” which means equal.

Victor Bethell is the one who created this system. When he did so, he stressed in his book “Monte Carlo Anecdotes”1910 that the system is a direct progression wagering system.

He also noted that the system works in reverse to the Martingale System,  such that at times this system is known as the Reverse Martingale System.

What is the Paroli Betting System?

What is the Paroli Betting System?
What is the Paroli Betting System?

The Paroli Betting system is a positive progression betting system. What this means is that this system was designed to steadily increase a player wins. This would be done by taking advantage of the players winning streak.

This system is more than 100 years old. From that time, it has gained much popularity in the casino gambling world. What also makes the system popular is that players can also use it for online casino games as well.

Many seasoned gamblers in America who use this system will tell you that is a mixture of the Martingale system and Anti-Martingale system.

Basically what this system will do for the player is generate small wins consistently and avoid huge losses.

The Science behind the Paroli System

In order for anyone to use a betting system, they need to understand the logic of that system. In that regard, we will explain the science being the Paroli betting system.

This system believes that both looses and wins come in streaks. Therefore, what this system believes is that players need to make the best out of their wins when they are on winning streak. However, when the losses come, players will need to place a base stake bet.

The Paroli System will guarantee a player that no more than a single unit is at risk when placing a wager. This is because larger bets are made possible by units that a player would have won form the house.

Therefore, for s series of three wins, the profit will be seven credits. This will then be used to cover up the losses that the player would have incurred.

What Casino Games can I use it On?

For every system to be considered, players need to know what games they can use it on. The same is also true for the Paroli system. That being said, online casino gambling games that players can use the system on our games of chance. These include games like roulette, craps, baccarat, sic bo, pai gow poker. And with a few modifications, players can use it in blackjack as well.

How the Paroli Betting System Works

The Paroli Betting System is one of the easiest systems that a player can use. This is because the system is very easy to learn and understand.

  1. Rule 1: Decide on your Base Stake

    In order for gamblers in the USA to use this system effectively, they need to decide on a base stake. By this, we mean that player needs to set a base for their betting range. In order to so, players need to consider that bankroll for that particular game. Take, for instance, if your bankroll is at $500, it would not be wise to place a base stake of $50. Therefore, a player would need to settle for a lower bet stake like $1 or $5. This will also ultimately depend on the lowest bets size of the game that you playing. However, if you a high roller and have a bankroll. Of $10, 000, then the base stake of %50 would be reasonable.

  2. Rule 2: Double Up After every Win

    The next of the Paroli Betting System is to double up after every win. Therefore if you are playing for $5, and you win, your next bet will be $10. Moreover, if you win after that, your next bet will be $20.

  3. Rule 3: Stop Raising Bets After 3 Consecutive Wins

    As fun as this winning streak must be, the player must after 3 consecutive wins go back to their base bet. This is the third rule of the Paroli system.

  4. Rule 4: Bet your Base Stake After Loosing

    After a player loses, they need to go back to their base stake. This is a betting amount that you would have decided before starting to play the game.

Can I Use this System?

All the betting systems were put in for them to be used. That is why we make sure that we look at both the advantages and the of the Paroli System. This is so that you can make the choice of using this system or not.

Advantages of using the Paroli

  1. The first most probably most important advantage of this system is the fact that it easy to use. Players can easily the rules of the system and apply it to the games where it can be used.
  2. The other good thing about using the Paroli system is that it does not require a large bankroll. Meaning that all players no matter how much they have can enjoy using this system.
  3. Another thing about this system is that it takes advantage of the winning streaks. This meaning that a player wins, they get the most out of the real money wins.
  4. By using this betting technique player have an anchor for their losses. This as losses will only need the player to place a base stake bet.
  5. The Paroli system will; need to be given an A for the fact that it does not chase losses. Instead allows the player s to break even with the losses that they would have incurred.
  6. Lastly, the system will minimize players risks. This is all due to the science of the way that system works.

Disadvantages

  1. The major disadvantage of the Paroli betting system is that the wins are a shortcoming. This is as in most cases in many games player will only win once or twice in a row. However, when you lose, you will be reverted back to your base bet.
  2. This system will also not help you in generating a win. This is the major disadvantage for many online casino betting systems.
  3. Given the fact that a player will be caught in between win-lose situation, the Paroli system will not help in any way. This is as will always cause the losses to be greater.