The Paroli system is known for being the opposite of the Martingale system. Some even call it the Reverse Martingale system.
It’s a form of positive betting system where you double your bet every time you win until you lose.
The positive progression model that the Paroli system is based on is created by Blaise Pascale, a French mathematician. He is also the creator of the roulette wheel. The name Paroli originates from the Latin word “par” which means “one is equal to”.
How Does the Paroli System Work?
The system is actually very simple to use. The system is based on 4 very simple rules:
Rule 1: Decide Your Base Stake/Unit
The first step of the Paroli system is to decide on the amount you want to start the cycle with, considering the total amount set aside for betting.
Rule 2: Double Up after a Win
Every time you win, double the amount of your initial bet.
Rule 3: Stop Raising Your Bets after 3 Consecutive Wins
When you’ve won 3 bets in a row, revert to the base stake. Probability dictates that winning a bet after 3 wins is harder.
Rule 4: Bet Your Base Stake After Losing
If you lose a bet, you should return to your base stake on the next bet.
Extremely simple, right?
Paroli System Variations
The Paroli betting system variants are split into two parts: extended and inverted.
Extended Paroli
This version of the Paroli system is more focused on the gains of the system as it outweighs the losses incurred. However, the system solely depends on the total amount you wish to stake.
With every win, double up the stake, while every loss retains the stake value.
After 3 consecutive wins, the player should stop betting since the probability of winning reduces after 3 wins in a row.
Inverted Paroli
The Inverted Paroli assumes a structure similar to the Martingale betting system.
It focuses more on losses than wins; if you lose a bet, double your stake to cover up the loss from the first bet. On the other hand, a win signifies profit, and there is no need to increase the stake size.
The Pros and Cons of the Paroli System
The system is simple to understand and more approachable than other betting styles
If you’re lucky enough to win 3 times in a row, you’ll have maximum profits of about 7x the base stake.
The system prioritizes winnings as winnings margins are higher than loss margins – effectively ending positively.
The probability of winning 3 times in a row isn’t guaranteed.
If you’re on a losing streak, you might risk losing a lot of money if you don’t stop in time.
It all sounds pretty good, right? How about testing it out now that you’ve learned more about it? Try it out and have some fun at some of the most popular online casinos in Canada!
