Paroli Roulette Strategy
As a progressive betting system, the Paroli Roulette Strategy says to double your bets when you win, and after a series of consecutive wins, go back to the original stake. This is oddly similar to the popular Martingale strategy in the reverse form. Hence, it's often referred to as the Reverse Martingale. However, the Paroli system is more than just the opposite of its famous counterpart. Find out all there is to know about Paroli Roulette Strategy in this guide.
Applying the Paroli Roulette Strategy
It's a common gambling belief that wins and losses come in streaks. Hence, the idea behind this Roulette strategy is to capitalize on hot streaks and minimize your losses during a bad one. The Paroli system generally uses even bets like the Martingale method. However, this method is significantly less risky, so you can also opt for other outside or inside bets.
Let's take an illustration with an even bet of $10.
If you were to make three wins in succession, your betting pattern with the Paroli system would be; $10, $20, $40. On your third bet, your winnings would be $80.
This method says to repeat the cycle after a series of wins, so at this point, you can keep your winnings and start again with your original bet of $10. Three progressions are the standard, but you can decide to go for longer progressions if you wish. In the case of unsuccessful rounds, just keep wagering your original bet.
Advantages of Using This Method
A significant difference between this and the Martingale method is that while the latter lets players continue increasing their bets, the Paroli Roulette strategy applies a progression limit which prevents stakes from escalating too much. This indirectly restricts how much you can lose in a go.
It’s also a lot less nerve-wracking precisely because losses are limited. Even when you lose, the amounts are almost negligible.
Following the previous example, your original bet of $10 is the only financial risk from your bankroll. The rest of the funds are the casino’s money which you won during gameplay. Losing such an amount doesn't hurt so much.
In addition, limited losses are complemented by large profits. A $70 profit from a $10 stake is pretty impressive. Unlike other strategies that strip players of their whole gambling funds no sooner than they've begun playing, this one actually helps increase the lifespan of your bankroll.
Finally, you don't even need a huge bankroll to begin with. Most of your gameplay will be based on your original bet. So a small gambling budget will work perfectly fine.
Drawbacks to This Method
The concept of maximizing wins and minimizing losses isn't something that rookie players are particularly good at. So while the Paroli Roulette strategy all makes sense in theory, it might not be very effective in practice.
Getting consecutive wins and collecting your earnings right before you lose requires good timing. Considering that Roulette is a game of chance, this isn't exactly easy to achieve. At the end of the day, your profitability using this method is more dependent on luck than on its usefulness.
Tips for Using the Paroli Roulette Strategy
- Decide the number of progressions you wish to play before the game begins.
- It's best to stick to the standard three progressions since the longer you hold out, the more chances of getting a losing bet.
- Select a small percentage of your bankroll as an initial bet. For instance, using 2% of a $500 bankroll means your starting wager will be $10.
- Limit the use of this method to short gaming sessions.