A Guide To The Paroli System
Table of Contents
History of the Paroli method
The Paroli betting strategy has been used by gamblers for centuries. It is believed to have originated in 17th century Italy, where it was known as the “Parley” system. The Paroli system is similar to the Martingale system, which is another popular betting strategy that involves doubling your bet after a loss. However, the Paroli system is considered to be less risky than the Martingale system because it does not involve continually increasing your bet size.
Casino Games Uses of The Paroli System
The Paroli betting strategy can be used in a variety of gambling games, including roulette and blackjack. Here’s a look at how the Paroli system can be used in these two popular casino games:
Paroli System in Roulette
To use the Paroli system in roulette, you would start by making a small bet on a single number or a group of numbers. If you win, you would then increase your bet size for the next spin. If you lose, you would return to your original bet size.
For example, let’s say you start by betting R1 on red. If the ball lands on red, you would win and receive a payout of R1 (plus your original bet). According to the Paroli system, you would then increase your bet to R2 on red for the next spin. If you win again, you would increase your bet to R4 on red. If you lose, you would return to your original bet size of R1.
The goal of the Paroli system in roulette is to take advantage of winning streaks and minimise losses during losing streaks. However, it is important to keep in mind that roulette is a game of chance, and there is no guarantee that you will win.
Paroli System in Blackjack
The Paroli system can also be used in blackjack, although it is a bit more complicated than in roulette. In blackjack, the goal is to get a hand with a value as close to 21 as possible, without going over.
To use the Paroli system in blackjack, you would start by making a small bet. If you win, you would then increase your bet size for the next hand. If you lose, you would return to your original bet size.
For example, let’s say you start by betting R10 on your first hand. If you win, you would increase your bet to R20 for the next hand. If you lose, you would return to your original bet size of R10.
The Paroli system in blackjack is based on the idea that you are more likely to win if you are on a winning streak. However, it is important to keep in mind that blackjack is a game of skill as well as chance, and the Paroli system does not take into account the skill of the player or the dealer.
Paroli Betting System Variants
The Paroli betting strategy is a positive progression system that involves increasing your bet size after a win and returning to your original bet size after a loss. There are a couple of variations of the Paroli system that you may come across:
Extended Paroli
The Extended Paroli is a variant of the Paroli system that involves increasing your bet size after each win for a certain number of spins, rather than just one spin. For example, you might increase your bet size after each win for three spins, and then return to your original bet size after a loss.
The Extended Paroli is designed to take advantage of longer winning streaks and minimize losses during losing streaks. However, it is important to keep in mind that this system is still based on the assumption that you have a 50/50 chance of winning and that you have an unlimited bankroll, which are not realistic assumptions in the long run.
Inverted Paroli
The Inverted Paroli is a variant of the Paroli system that involves decreasing your bet size after a win and increasing your bet size after a loss. The goal of the Inverted Paroli is to minimize losses during winning streaks and take advantage of losing streaks.
Like the other variants of the Paroli system, the Inverted Paroli is based on the assumption that you have a 50/50 chance of winning and that you have an unlimited bankroll, which are not realistic assumptions in the long run.
Conclusion
The Paroli betting strategy is a positive progression system that involves increasing your bet size after a win and returning to your original bet size after a loss. While it may be tempting to try the Paroli system or one of its variants, it is important to keep in mind that it is based on unrealistic assumptions and is not guaranteed to be successful in the long run.
Paroli Betting System FAQ
Who was Paroli?
It is unclear who Paroli was or where the betting system got its name. Some sources suggest that the system originated in 17th century Italy, where it was known as the “Parley” system. However, there is little information available about the origins of the system or the person who developed it.
Is the Paroli Strategy Illegal?
The Paroli betting system is not illegal, but it may not be allowed by all gambling establishments. Some casinos may have rules against using the Paroli system or may have limits on the maximum bet size to prevent players from using it. It is always a good idea to check the rules of a particular gambling establishment before using any betting strategies.
Is the Paroli System Allowed in South Africa?
It is up to individual gambling establishments in South Africa to decide whether or not to allow the use of the Paroli system. Some casinos or bookmakers may have rules against using the system or may have limits on the maximum bet size to prevent players from using it. It is always a good idea to check the rules of a particular gambling establishment before using any betting strategies.
Is the Paroli System a Safe Method to Bet?
The Paroli betting strategy is a form of gambling, and all forms of gambling carry some level of risk. While the Paroli system may be less risky than some other betting systems, it is still based on the assumption that you have a 50/50 chance of winning and that you have an unlimited bankroll, which are not realistic assumptions in the long run. It is important to remember to gamble responsibly and within your means, and to understand that you can never guarantee a win when gambling.
