The Paroli betting systemis like the Parlay betting system and even a much more special case of the Parlay system. Paroli is the opposite of the Martingale betting system, but it is not as conservative as the Parlay system.
If you win your first bet, you increase your next wager instead of decreasing your next wager. The Paroli system takes on a positive progression wagering system approach. The idea behind it is to only increase your bet amount when you win.
The concept aims to utilize streaks within online gambling; whether you wish to use the Paroli system blackjack approach, it comes down to winning streaks.
Numerous strategy systems and betting strategies are used in blackjack and Paroli is one of the easiest to implement. While it may not be as commonly used as the Martingale, Paroli carries huge potential, and that is why blackjack players are interested in using it, whether they are playing online or at land-based blackjack tables.
Understand the Aim of the Betting Strategy
As said above, the Paroli betting system is a positive progression scheme. Players often call it the Reverse Martingale system. More like Martingale, it focuses on even money bets and tries to take advantage of winning streaks.
One could even say that Paroli has two main purposes – to eliminate the risk of great losses and also establish consistency making small wins.
Practice Using Free Blackjack Games Online
Once you understand the basics of the Paroli betting system, it is wise to play a few free blackjack games with it, to see how it plays out.
Establish Your Base Stake
For the Paroli system to be effective before placing your wager, you need to determine a fixed base stake. This amount will then be known as the 1 unit.
It is up to you what the units value will be, though it should be determined according to the size of your bankroll.
For a high roller, you can go for a higher base stake. If not the case, it would be a lot safer to start with the minimum stakes possible.
Double After a Win
Keep betting the same one unit repeatedly until you achieve a win. At that point, you are incited to double up on your stakes and hope for another win. A consecutive winning outcome should permit another doubling on the previous bet.
Three Consecutive Wins are Enough
The Paroli system shows that you should stop doubling your bet after achieving 3 consecutive wins. This is when you go back to betting your base stake until you experience another winning hand.
Paroli Betting System in Blackjack Pros and Cons
The Paroli system blackjack seeks to capitalize on winning streaks. Thus, you will increase bets when you win at your chosen table.
The house edge is an integral part of various table games.
Using this system ensures that your emotions don’t get the better of you.
It’s possible to go on a losing streak which will see you bet more than you can make back in a winning streak.
It is a reliable or steady betting system that requires you to increase your bet amounts after a loss.