There are many different systems that you can apply when playing roulette. Whilst none will guarantee success, if you are on a budget or want to be disciplined when you play, they can be very useful. Here we look at the Paroli system and examine whether it will help you next time you take on the roulette wheel.
What is the Paroli system?
Unlike alternative roulette systems, the Paroli system is relatively straightforward. It’s a form of betting progression and requires you to land consecutive wins to be successful. Firstly, you must be betting on even money outcomes. With roulette, that can be red or black, odd or even or 1-18 or 19-36, otherwise the system cannot work.
Once you’ve selected your bet on one of these outcomes, you can play. Just choose your initial stake, with only a few simple rules to follow.
- Should you win your first bet, you double the stake for your second bet.
- If the second bet wins, you double it again for the third bet and so on.
- If you lose initially, you keep betting the same stake until you win.
- Should you lose at a later stage, you go back to your first stake.
The idea behind this system is that winning and losing comes in streaks and if you manage to hit a winning run you will be in a very profitable situation. Which brings us onto the advantages.
What’s so good about the Paroli system?
One advantage is that it provides less risk than alternative strategies. For instance, the Martingale suggests that you double your stake after every loss and if you are on a budget that can be a very dangerous game.
With the Paroli system, you are only raising the stakes after a win, which to some may seem as though you are only betting your winnings. Plus, if you lose, you go back to your initial stake and continue at that rate. Therefore, should you stick to it, there’s no way your losses should spiral out of control quickly.
What are the risks?
Despite that, the risks of this system should be clear. To make profit, you require a winning run and that can never be guaranteed. No matter your perception of how the roulette wheel pays out, the fact is that every spin is independent which means that all systems are flawed in a sense.
In addition to that, with the Paroli, you need to know when to stop. If you had three successive wins, you would be up by seven units, but will you stop there? Ultimately, a loss at any stage after doubling will result in a loss overall. And whilst the loss will only ever be your initial stake in this scenario, they can all add up over time.
Is it worth it?
As mentioned, no betting system guarantees success, so the Paroli is no different. However, that doesn’t mean it doesn’t have a place for roulette players out there. If you are on a strict budget and just want to experience the thrill, unpredictability and fun of the wheel, then it can be applied effectively because your losses should never be major.
However, don’t expect to win. Each spin is independent and the Paroli requires several to go in your favour consecutively. Sure, they could but that will be down to luck: after all, that’s why we love roulette!
Overall, the Paroli system can be useful. So, if you want to try it out next time you hit the tables with Lucky Nugget Casino then try it out. But, even if you don’t, you’ll have great fun playing this casino classic.