Paroli Casino Betting System

The Paroli Casino Betting System is one of the less well known online casino systems out there but it’s one of the most fun to use and it’s great if you’ve only got a small bankroll and you want to try to cash in big. In this article we will take a look at what the Paroli betting system is and then we’ll go on to talk about it’s advantages and disadvantages.

How The Paroli Betting System Works

The Paroli betting system can be used as an online casino system or in a brick and mortar casino. It’s basically a reverse of the Martingale betting system. Instead of doubling your bet when you lose, like the Martingale system suggests, using the Paroli betting system you double your bet when you win.

To best explain how to use this system lets take a look at an example. You start with a bankroll of $50 and want to try and run it up into a big score. The first thing you do is split your $50 into 5 $10 bets. You decide before you begin betting how many times you are willing to double your bet before cashing out and you go for it. Lets assume we are going to double our bet until we’ve won $300 or more. We start out with our first $10 bet and if it wins we double it to $20. If that bet wins we double again and then again and again until we’ve won a total of 5 bets in a row. Using this system and winning 5 bets in a row will yield a total return of $320. You’ve split your bankroll to give you 5 chances of winning $320.

Advantages of The Paroli System

The advantages of the system are pretty clear. You can use it to turn a small amount of cash into a large amount of cash pretty damn quickly. You only need to win 4 or 5 bets in a row and you’ll have turned your small starting stake into a few hundred dollars and you’ll only ever have risked the $10 you started with.

Another advantage of the system is the fact that you can really limit your losses. You don’t need a big bankroll to use the Paroli system and you never risk losing more than the amount you started with.

Disadvantages of The Paroli System

The only disadvantage of the system is the fact that it gets to a point where you start getting pretty nervous about doubling your bet. Say you win three bets in a row and have managed to turn your $10 starting stake into $80 it becomes quite hard to stick the full $80 on. However if you want to win big you need to follow the rules you set for yourself before you started playing!