Paroli Betting System Explained

For players looking to diversify their betting strategies, the Paroli system is a popular option. Invented by Blaise Pascal, a French mathematician, this system is still popular at casinos today for sports betting and casino games. The Paroli system aims to maximize winnings by increasing your bet any time you win and resetting it to the initial amount when losing. It's a positive progression system. Therefore, unlike negative progressive systems (e.g., Martingale), Paroli doesn't require you to chase losses. 

The Paroli system works by implementing a sequence of bets. To explain this sequence, we'll use a C$10 bet as an example. The conditions for the Paroli betting sequence are the following:

1. Place a bet: The initial bet amount is a reference for all the following bets. So, to start the game, place a C$10.
2. Double the bet in case of a win: When you win the bet, double it. In this case, your next bet is C$20.
3. Double the bet again after the second win: If you land a second consecutive win, double the bet again. Now, the bet value would be C$40.
4. Reset the bet to the initial amount: After the third bet, even if you win, reset the bet to the initial amount. If you didn't win after the second bet, reset the bet to the initial size.

While, often Paroli system is regarded in terms of sports betting, it’s beneficial to use in specific casino games. Most commonly Paroli system is used in casino games with nearly even odds like blackjack, roulette and baccarat. While, the Paroli system is relatively simple to use, you should still tailor it for any specific casino game you choose to implement this system in. Hence, we’ve explained in more detail how to use Paroli for popular casino games.

• Paroli System in Blackjack

  To optimize Paroli betting system for blackjack, it’s important to factor in strategy for both the dealer’s hand and your hand. If the dealer has bust cards like 4, 5, or 6, you should increase your bet as the dealer has a higher probability to bust.

• Paroli System in Roulette

  When it comes to roulette, the Paroli system works best with even-money bets. Among them are red or black, odd or even, and high or low bets. They come with a nearly 50/5 chance to win. As the betting system is built around winning streaks, it’s the most profitable in these types of bets.

• Paroli System in Baccarat

  The rule of thumb for using Paroli in baccarat is to bet on Banker as it has the lowest house edge of 1.06%. The next best bet would the the Player’s with 1.24% house edge, whereas the Tie bet has a whopping house edge of 14.36%. Therefore, don't use Paroli or any other progressive systems on the Tie bet.

Before applying Paroli system to your bets, we suggest getting familiar with what would the different outcomes be. To help you get a grasp of it, we’ve modelled the outcomes in the table below. As wins and losses are random, this is just a representation of how things could potentially go in a game session.

The two most notable Paroli system variants are the extended and inverted. The extended is considered the so-called standard Paroli, whereas inverted takes an opposite approach to this betting method. To help you navigate the distinctions of different Paroli variants, we've summarized them below.

Extended Paroli

The core principle of the extended Paroli is to double the bets. The idea is to stop increasing the bet after the third consecutive win. Then, the player must return to the initial bet. It’s based on the view that extensive winning streaks are unlikely.

Inverted Paroli

This variant of the Paroli resembles the Martingale betting system. Instead of doubling after wins, inverted Paroli increases bets after losses to recover. On the other hand, when a player wins a bet, this method requires reverting to the initial bet size.

Although sports events have a more significant variance than casino games, that can work either in or against your favour. It depends on how educated you are in sports where you’re betting. This system would work best in bets with lower odds (within the range of 1.5-2.0). Games like tennis would suit the Paroli system, especially in matches where one player is superior and playing against a lower-ranked player. 

As typical with gambling, the main factor for winning is luck. No betting system can impact the probability of one’s lucky streak. Therefore, we’ve weighed out the main pros and cons of using Paroli system for betting.

Although betting strategies like the Paroli can give your gameplay structure, they cannot alter the house edge or the game's key odds. The fact is that no system can ensure constant success. However, it's a fun way to diversify your betting experience and have more fun instead of mindlessly betting with no specific strategy.