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Paroli means a system of positive progression which intends to increase your winnings during a winning streak. The Paroli system is over 100 years old. It was used for the first time at the Monte-Carlo casino. Since then, it has been one of the hottest marketing strategies around the world. Paroli takes its name from the Latin ‘par’ which means ‘equivalence.’ Victor Bethell, the pioneer of this wagering system, mentioned in his book ‘Monte Carlo Anecdotes’ (published in 1910) that it was a wagering system that works in a manner contrary to the martingale. Besides, it is also called ‘reverse martingale.’ To tell the truth, it seems that the Paroli system mixes elements of the martingale with other elements that are in opposition to it.
What are the characteristics of the Paroli system?
What is the logic behind the Paroli system?
The Paroli system starts from the premise that the series of victories and defeats alternate. In fact, players are asked to increase their stakes during the winning streak to increase their profits and to decrease their stakes during the losing streak. In addition, the Paroli system instructs you to risk only one unit when placing your bets.
Which casino games are affected by the Paroli system?
The Paroli system can be applied to all casino games. All players who love this system apply it to games of chance such as roulette, craps, baccarat, Sic Bo, Pai Gow poker, and, to a lesser extent, blackjack. The majority of users of this betting system will tell you that it is rather calibrated for roulette and baccarat.
You will have no trouble learning how the Paroli system works. If you have never used it in the past, let us describe it to you in detail.
Rule 1 – Define a basic stake
To use this system effectively, you will need to define a basic stake (it will be called ‘unit’). Also, take your bankroll into consideration when determining it. Indeed, if your budget is $ 500, it would be ill-advised on your part to choose a basic bet of $ 50. Prefer a basic bet of $ 1 or $ 5 (depending on the table limits) instead. If you are a high-roller and have a budget of $ 10,000, it is obvious that you can afford to choose a basic bet set at $ 50 or $ 100.
Rule 2 – Double your bet after each win!
As soon as you win, double your bet. So, if you chose a basic bet of $ 10, your next bet will be $ 20. If you win the round again, bet $ 40 in the next round.
Rule 3 – Do not increase your bets after 3 consecutive wins!
If you only swear by the Paroli system, you will have to stop doubling your bets after 3 successive wins. Start betting your initial unit again.
Rule 4 – Replay your base bet after a loss!
After conceding a defeat, go back to the basic bet you determined before you start playing your favorite game.