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What is the Paroli roulette strategy?
The Paroli roulette strategy is extremely similar to the Reverse Martingale system. That means it’s based on another, well-known betting system – the Martingale – but with some important tweaks that lower your stake for each bet.
The Paroli roulette strategy has been around for a long time and is still popular to this day. It was even discussed in Victor Bethell’s 1910 book Monte Carlo Anecdotes and Systems of Play, meaning it has existed for well over a century.
How does the Paroli roulette strategy work?
Just like the Reverse Martingale, the Paroli roulette strategy specifies that you should double your stake after each win. If you lose, you begin again with your starting stake. It’s a fairly simple system which allows you to crank up your bet sizing while mainly risking just profit.
However, there is an important difference between the two strategies. While the Reverse Martingale allows players to continually double their bets, the Paroli roulette strategy dictates that players should return to their starting stake after three successive wins.
How it works in practice
Here’s an example of how the Paroli roulette strategy works in real life:
|Spin #||Bet total||Win/Lose||Winnings||Profit margin|
Many players refer to the Paroli roulette system and Reverse Martingale system interchangeably, but that one difference is very significant. It makes the Paroli roulette system much lower risk, because you’re constantly banking profit as opposed to hoping for an extended winning streak.
Does the Paroli roulette strategy guarantee profit?
Contrary to what some people believe, there is no roulette strategy which guarantees you the chance to make profit. In every casino game there is a house edge which gives the casino an advantage. Therefore, there is no way you can be guaranteed profit, even when following roulette strategies to a T.
At the same time, the Paroli roulette strategy does allow you to foresee what you might win or lose. There are fixed wins and losses. Any time you lose, you only lose the starting stake – for example, CA$1. Any time you win, you’ll pocket eight times your starting stake – or CA$8 to a CA$1 starting bet.
Although at times it may feel like you’re losing more than CA$1 per bet, that’s only your profit, or the casino’s money. If you sit down with CA$10 and decide to use the Paroli roulette strategy at a CA$1 starting stake, you know you’ll have at least ten attempts to get through the system with three successive winning spins. This can help you plan your session both in terms of how much you want to spend, and how long you’re likely to be playing.
How does it compare to other roulette strategies?
You now know how the Paroli system works and how to do it yourself, but how does it compare to the other roulette strategies out there?
The most obvious comparison is between the Reverse Martingale and Paroli roulette strategies. They’re very similar, but the Paroli version puts more of an emphasis on profit-taking. Objectively, it appears a more sensible option – though the Reverse Martingale does offer the opportunity for exponential growth if you go on a hot streak.
Paroli vs Martingale
Both of these strategies are based on the Martingale system, so that’s worth considering, too. The Martingale strategy is similar but, instead of doubling your bet when you win, you double it when you lose. This puts more money at risk – although you only need to hit once to make a profit, not three times in a row.
One major issue with the regular Martingale System is that, if you go on an exceptionally long losing streak, you could get to a stage where the bet required to break even is too large. Although it’s unlikely, it will eventually happen. With the Paroli system, there is no such risk, as you only ever lose one unit of stake from your own funds.