Roulette strategy 101: What is the Paroli betting system?
Read our guide to the Paroli staking plan for roulette at the casino and see if you can boost your profits.
The idea of the Paroli system betting strategy is to increase or decrease the player's stake depending on the last result.
It's straightforward to adopt and can even be used on other casino games like Pai Gow or Craps.
What is the Paroli system?
The beauty of online roulette games is that you can pick up the game easily and choose your stakes.
While the even-money bets are great for roulette players looking to increase their bankroll, a betting system can help take it to the next level.
The Paroli system has been around since the 16th century and works with "positive progression staking". In effect, it's the opposite of the Martingale.
With the Martingale, your stakes are doubled every time you have a losing spin.
With the Paroli, the opposite happens: if you lose, you maintain your stake. Lose again, and the stake stays the same once again.
If you hit a winner, though, you double your stake and continue. The aim of the Paroli is to double your stake for three winning spins in a row. Once that happens, you reset your stake to the original amount.
How the Paroli system works
Let's take a closer look at how the Paroli works in practice. We'll set the base stake at £1. If there is a losing spin the bet remains at £1. However, if there is a winning spin the bet doubles to £2. After three winning spins, the bet resets to £1.
For our example, the player is betting on Red and Black, which both pay 1/1. After three winning spins, we have secured £7 in profit. The stakes then reset to their original bet of £1 per spin. We have two losses, both at £1, followed by two wins. However, on spin #8, we lose to incur a £4 loss. Our total profit for the eight spins is £4. We have only needed five of the eight spins to come in to turn a profit.
Advantages and disadvantages of the Paroli system
Every casino game has a positive and negative. With the Paroli, you only increase your bet - or risk more - if you are on a winning streak. This, of course, assumes that your winning streak will continue.
The problem with any roulette staking system is that losing streaks can happen too. You may end up racking up a lot of one-unit losses before you turn any kind of profit.
Whatever your starting stake when using the Paroli, players only make seven units after three consecutive wins. That may not be enough to wipe out any losses you have incurred.
If you take all the possible outcomes of three consecutive roulette spins into consideration, there are only two that turn a profit (two wins in a row and three wins in a row).
There are just far too many permutations that make the player a losing one in the long term.
While the downsides of the Paroli system are evident, it can still help you keep a handle on any losses. The stakes only go up when you are winning, though it's not as conservative as, say, the Anti-Martingale. That system reduces your bet every time you lose.
Trying the Paroli system
The Paroli betting plan can be used for those who want to maximise their profits.
In the way it doubles the stake after a win, it's similar to the Anti-Martingale. However, in that staking plan, the bets are halved after a losing spin. It will therefore take longer to come back.