Paroli Betting System Guide
We have analyzed the Paroli betting system from top to bottom. You will gain extensive insights into this positive progression system. At the end of our guide, you will be better equipped to apply this system, in the event that it appeals to you. Keep reading to find out more.
How Paroli betting system works
The Paroli system takes on a positive progression betting system approach. The idea behind this system is to only increase your bet amount when you win. The concept aims to utilize streaks within online betting Whether you wish to use the Paroli roulette strategy or the Paroli system blackjack approach, it comes down to winning streaks.
The ultimate objective of the Paroli system is to achieve three wins in a row. With every win, it’s important to double your bet amount. For instance, you wager $1 on a soccer game with odds of 2.00 (evens). If you win, your next wager must be $2. If you manage to win again, then you increase your third wager to $4. In the event that your first wager of $1 loses, you will simply wager $1 again. The Paroli system requires that you only increase the amount you wager when your bet wins.
It doesn’t really matter if you intend on using the Paroli system on sports bets, blackjack or roulette. All that you need to concern yourself with is doubling your wager when you win, three times over. If you lose, then you should avoid increasing your bet amount.
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Example of the use of the Paroli system in sports betting
The Paroli betting system can be used for sports betting, too. Applying this approach will require you to assess whether the sport in question meets the desired requirements. You’ll be able to use the Paroli system on sports that have definitive outcomes, where even money bets preside, and a 50/50 chance of either result occurring. Of course, you’ll be looking to bet real money wagers when using the system. Bear in mind that not all sports will meet the aforementioned criteria. Over and above, in-play bets are certainly the best course of action in this regard.
The higher the decimal odds, the less you need to bet to potentially break even, the lower the odds, the more you need to bet to break even.
Paroli betting system football example
EXAMPLE
Your base value is $10 for the upcoming Liverpool vs Everton derby. You wish to wager on who will get a corner first. If your bet wins, you double your wager. However, if it loses you will stake the same amount. Assuming your stake loses, you then wager $10 on both teams to score before halftime. If this happens, then your next stake will be $20. And so it progresses until you lose again.
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Other uses of the Paroli system
As explained at the start of this guide, you can use the Paroli system to bet on online casino games. This includes the likes of blackjack and roulette. Table games like these will enable you to apply this strategy by maintaining a progressive approach.
Paroli system in roulette
You’ll be required to increase your stake amount after each successful round while reverting back to your base amount if you lose. If your first round comes up trumps you’ll double your stake. In the event that it loses, you simply stake the base amount once again. This continues in the same vein from stake 2 to 3, and beyond.
Paroli System in Blackjack
In similar fashion, a winning hand will result in the initial bet being doubled. If your second hand is also successful, then you will double your stake amount again. For instance, from $4 to $8 and then $16. You will continue to double winning hands until you lose. After a losing hand, you will revert back to your initial stake.
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How To Start Betting?
Everything You Need To Know In 5 Easy Steps!
Find the right betting site for you and sign up
Make a deposit with the payment provider you prefer. Consider responsible gambling features and bankroll management.
Many betting sites have a welcome bonus or free bet, which you can claim after making the first deposit. *never forget to read the small print!
Find an event you are interested in, select a betting market that appeals to you the most and "click" on the odds.
Go to the bet slip and input the details of your desired bet and confirm the wager.
Paroli Betting System Variants
As is the case with many betting systems, there are a number of subsequent variants that come to the fore. These variants are uncovered by comprehensive analysis, where two main variants exist; inverted and extended Paroli systems.
Extended Paroli
Similar to the standard approach, the extended Paroli system focuses on doubling winning stakes. Similarly, you’ll retain the initial amount you’ve staked if you lose. This approach will urge you to stop after three consecutive wins. The reason being that, the more you win in a row, the less likely it is that the next round will also be a winning one.
Inverted Paroli
As the name suggests, this system takes the opposite approach. The inverted Paroli system requires you to double up in the event that your stake loses. This is necessary so as to recover your previous loss. If your stake wins, then you needn’t double your stake amount. You simply wager the same amount again.
Paroli betting system - tips and tricks to win
It’s important that you implement this strategy in a game that you are familiar with. There is little sense in applying this strategy to a table game you have never played before. You will still be required to understand how the game in question works. If you don’t, you might find yourself on an extended losing streak. This will lead to you being unable to recoup losses.
Make sure that you start off by betting small amounts per wager. There is little sense in wagering hundreds of dollars right off the bat. Ease into your chosen game by wagering a dollar or two at first. You can increase your accounts if you hit a winning streak.
If you are a complete newcomer to online betting, then utilize any available bonus offers. This will enable you to apply the Paroli system using virtual credits. It’ll give you exposure to new games and allow you to try out this system before you wager real money.
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Conclusion - Paroli system
We hope that you have found value in our latest guide here at Oddspedia. The Paroli system aims to provide you with a strategy that removes all decision-making processes. You needn’t guess at how much you should wager in order to recoup losses or maximize winnings. It’s rather simple to understand and just as easy to put into effect. It’s vital that you remember not to increase your amount after a loss. Likewise, you need to double the amount off of the back of a winning round. You should only do this three times over./p>
The Paroli system can be applied to a number of different table games. This means that you won’t be limited to playing one game if you make use of the Paroli betting system. We have included an array of betting system guides. Acquaint yourself with all of the latest approaches and tailor your own betting strategy!
- The Paroli system blackjack aims to capitalize on winning streaks. Thus, you will only increase wagers when you are winning at the table of your choosing.;
- Utilizing this system will ensure that your emotions don’t get the better of you. There are plenty of times when a losing streak will push you to chase losses. This system stops you from doing so.;
- It is a more reliable, or steady, betting system than one which does require you to increase your bet amounts after a loss. Negative progression betting can result in huge losses which aren’t as easily recoverable as is the case with the Paroli system.;
- t’s possible to go on a losing streak which will see you wager more than you can make back in a winning streak. For this reason, the Paroli system is flawed.;
- The house edge is an inherent part of various table games. For roulette, you may also need to contend with the Zero. Thus, losses are more likely to occur than a three-round winning streak.;
Paroli Betting System FAQ
❔ Is it possible to increase my wager amount after a losing round?
The Paroli betting system will require you to consistently bet the same amount after a losing round. For instance, you shouldn’t bet $2 after a $1 losing round. You should only double your bet amount when you manage to win a round.
🏆 Does the Paroli system work in the long run?
You will find differing accounts of whether the system works over the long run. The Paroli system certainly limits your losses and should enable you to make back any losses during a losing streak. As is the case with all betting systems, it’s not 100% foolproof. You may lose more in the long run than you manage to win.
💶 Is it legal to use the Paroli system?
Yes, it is perfectly legal to utilize this system when gambling online. Online sportsbooks do not prohibit you from implementing this strategy. Thus, you’ll be free to use this system; as long as it makes sense to you.
💳 Is the Paroli system the best approach?
There are a number of different betting systems in circulation. It’s always advisable to try out a number of systems before deciding on which one works best for you. At Oddspedia, you can take a look at our latest guides to ascertain which systems appeal most to you.
🤔 What other betting systems can I utilize?
You can utilize the Paroli system or you can implement the Martingale or Kelly criterion approach. These are just a few of the most popular betting systems used in sports betting.
- Wikipedia contributors. (2022, January 14). Roulette. Wikipedia. https://en.wikipedia.org/wiki/Roulette
