Blackjack - Paroli Betting System

The name Paroli originated from a Latin word which means “one that is equal”. It's one of robust betting systems that can be used in different casinos especially in Blackjack. It is a positive progression strategy designed to encourage players to double their wager each time they win in a Blackjack and maximize winning streaks. 

It involves players aiming to get a total card value of 21 without going over. In quality live blackjack tables, each card has its value, and players must combine their allotted cards to get 21 points or closer to it.

Being a mathematical game, Blackjack requires calculation and a stroke of luck for a possible win. And because of that, players believe that using a betting system like Paroli can help them leverage the odds in their favour.

Is this true about the Paroli betting system? We're about to find out from this article. Read on to discover everything you need to know about the Paroli system.

Understanding the Paroli Betting System

The Paroli betting system is one of the strategies gamblers use to attempt to win the house. It is a progressive betting system with a simple set of rules.

Brief History of the Paroli Betting System

Paroli betting system is one of the oldest betting systems still in use. It dates back to the 16th century.

Details about its origin are unclear. However, some people attribute its invention to the French Mathematician Blaise Pascal, probably because he invented the roulette wheel and contributed to developing Probability Theory. However, there are no substantial studies to confirm that.

What is the Paroli Betting System?

Paroli betting system is a positive progression betting strategy. It allows a player to double their stake only when they win. If they don't win, the player continues playing with their initial bet.

If the player wins three times in a row, they double their stake for each win. After the third win, they reset the bet to its initial wager.

How to Use the Paroli Betting System in Blackjack

Paroli betting system players believe that wins and losses happen in pairs. So, the logic is to capitalise on winning streaks to maximise profit and minimise loss.

To use the Paroli system, you need a Low-stakes blackjack, a bankroll and a bet size. Begin the game by staking small amounts per hand to avoid huge losses. Once there's a win, you can bet higher amounts but no more than three times. The subsequent outcome is believed to likely be a loss after the third time.

The Paroli system requires you to stick to the rules, which we have explained below.

Key Principles of the Paroli Betting System

1. Choose your betting amount. It should be no more than 5% of your bankroll.
2. Double your bet after a win.
3. Quit doubling your bet after three consecutive wins.
4. Return to the initial bet after every loss.

Using a low stake and only doubling during a win helps players practice discipline. Studies have shown that gambling at higher stakes, in comparison to lower stakes, causes players to make the worst decisions, which this betting strategy avoids.

Here's a table showing a standard Paroli betting system in Authentic blackjack gameplay, assuming the player has a £200 bankroll and an initial bet of £10.

Highlights and Challenges of the Paroli Betting System

It is best to know every aspect of the Paroli betting system, including how beneficial or challenging it could be while betting on a blackjack game.

Highlights

• There are no significant losses - Because wagers start at the minimum bet, losses do not dig into your bankroll even if you're on a losing streak.

• Simple to Use - You don't need to memorise any sequence to play this game. Even if you're a beginner, it is easy to follow the pattern.

• It does not require a huge bankroll - Paroli betting system requires small stakes. So even a £50 bankroll with a £1 initial bet can guarantee an extended gameplay.

• It reduces losses - Thanks to its controlled pattern, players cannot chase losses, only wins.

• Eliminates  Emotional Betting - No matter the game's outcome, players can only double their bet during a win and only for three consecutive times before reverting to the initial bet. An Irish Proverb says, "Hoping to recoup is what ruins the gambler." This statement does not apply to the Parole system, as the rules help to keep players in check and avoid impulsive betting.

Challenges

• Wins are Small and Far-fetched - Because the wagers are small, winnings are also small. The probability of getting a long streak to double your stakes may be out of reach.

• Paroli depends on Streaks - Gambling outcomes are by chance, so the probability of a winning streak is not guaranteed.

• Can Limit your wins - The three-consecutive win rule can limit you from potential profits if you're on a long winning streak.

Play Blackjack Responsibly with Paroli Betting System

The Paroli betting system offers players a simple way to structure bets and build small wins over time during a streak. The possibility of winning or losing during a game is 50/50 in Blackjack. However, with the Paroli system, each loss does not make a massive dent in your bankroll because the stakes are small.

While the Paroli system does not avert risks or guarantee income, it helps you maximise your winning streak. Gambling through this system should not be a source of livelihood but a form of entertainment. To explore this betting system, try your luck in our live casino games to enjoy safe and secure betting.