Labouchere Betting Strategy

The Labouchere betting strategy like all betting strategy is a numbers game. It is Mathematically sound until you either run out of money or until you reach the Table limits, either one then spells disaster.

The idea of the Labouchere strategy is to work through one complete set of numbers and collect your profit. The labouchere strategy works like this. Write a sequence of numbers down on a piece of paper 1 2 3 4 5 6. The idea is you bet using both ends of your numbered sequence. So your first bet would be 1+ 6 = 7. Your first bet would be $7. If you win the bet great you then cross out number 1 and 6, as you have used them already. You would then bet the next to outside numbers in the sequence, which would be 2+ 5 = 7. which again would be $7 you also win this bet great you bet 3+4 again = 7 or $7 win the bet your home free and $21 up.

However if you bets lose you add the total of the bet to the end of the sequence and carry on the game. Example. If your first bet was 1+ 6 = 7. and you bet $7 and lost. You would then add the number 7 to the end of your sequence which would now look like this. 1 2 3 4 5 6 7. You then proceed with your Labouchere betting strategy and bet the first and last numbers 1 + 7 = 8. The problem with this strategy is if you have a lot of losses you can end up with a very long sequence of numbers and no money left, As like all betting systems they have their pitfalls.

The Labouchere betting strategy is whats known as a negative progressive system also known as "Crossout", "Cancellation" or "Split Martingale" system so be ware of it in all its forms and tread carefully when using it.

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