Paroli Betting Strategy

The Paroli betting strategy is a money management system as well as a gambling strategy. It is also referred to as the anti-martingale betting strategy, due the nature of the bets. The paroli betting strategy is a positive progression betting system which is also used by banks to compound interest by taking advantage of expansive growth areas. You increase the bet when you win thus pyramiding your profits - allowing your winning streaks to pay off more and cutting your losing streaks as much as possible.

Lets look at paroli a little closer. When using the paroli system you place a bet upon the table and when you win you let it ride and add the original stake. The idea is to hit a hot streak and win 3 bets or more in a row. The main idea of the paroli betting strategy is to capitalise on your hot streaks and minimize on your unlucky streaks. There is one obvious flaw to this strategy. Nobody knows when your winning streaks are going to take off or when your winning streaks are going to end. The advantage of the paroli betting system over the martingale system is that when you lose you do not double your bets and chase your loses, you accept your loses and start again with your original starting bet.

Some people do have a degree of success using the paroli betting strategy but you must be extremely disciplined with your betting and stick to your limits. If you lose you lose accept it and walk away. but if your on a hot streak enjoy the ride while it lasts and run like hell out the lobby with your fists full of gold :-).

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