What is the Paroli Betting System?

What is the Paroli Betting System? Guide to Paroli Method & Strategy

Paroli betting has exploded in popularity with the emphasis of trying to maximise profits from wagers. The Paroli betting system is a strategy developed suitable for sports betting and table games .

Suited for both seasoned and novice gamblers, the Paroli system is a positive progression model that you can utilise as part of your strategy at Bety.

History of the Paroli Method

The Paroli method has a rich history. Created by roulette inventor and French mathematician Blaise Pascal, Paroli derives from the Latin word “par”, meaning “one is equal to”.

Early use of Paroli dates back to the 16th Century when people were seen playing card games , more specifically, the Italian card game Basset.

Nowadays, the Paroli method is used across online casino games , table games and amongst sports bettors. There are variants of the Paroli method as it has been tweaked and adopted by different bettors overtime.

What is the Paroli Betting System & Variants?

The Paroli betting system allows players to benefit from a winning streak, keeping any losing runs to a minimum.

This popular betting strategy will suit those who are more risk-averse when it comes to handling their bankroll when making bets on tables games.

To drill down things, once you have placed your base stake, you will aim to double your winnings 3 times before pocketing any winnings. Then the process will be reset.

Here are the basic rules:

Rule 1 – Set a base stake

Firstly, set a wager you feel comfortable with. The initial wager ideally should be around 2-5% of the total amount you are willing to risk. So, if your bankroll is $200, a maximum $10 stake would be sensible.

Rule 2 – Double the Stake after a Win

Whenever using a betting system such as Paroli, double your stake for your next wager. If you start with an original stake of $10 and it turns out to be a winner, double your next stake to $20 and keep things moving in the right direction.

Rule 3 – Stop Doubling Bets after You Hit Three Wins

Once you reach 3 consecutive wins, revert to the original stake. This will help enhance betting opportunities down the line, and with sports betting, it could help with moneyline or even parlay betting .

Rule 4 – Go Back to Original Bety after Each Loss

Unlike other betting systems, the Paroli method doesn’t require bettors to increase their wages after a loss is incurred. You can return to your original stake and aim to compile wins to rebuild your confidence.

The Paroli betting system has been well researched, so let’s now quickly examine two other variants – Extended Paroli and Inverted Paroli.

Extended Paroli

This underlines the benefits of the system as it outweighs any losses that have been accrued. So, double up every stake with each win, while each loss will retain its stake value. Once 3 consecutive wins have been assembled, the bettor should take a breather. With casino games, house edge and the RTP need to be assessed.

Inverted Paroli

The Inverted Paroli concept adopts a similar structure to the Martingale system. It focuses more on the losses than the wins; if you lose a stake, bettors should double up to cover the loss from the first bet. A win, meanwhile, signals a profit so there is no reason here to increase the stake size.

How to Use the Paroli Betting Method in Sports Betting?

While casino games such as online roulette are closely linked to Paroli betting, the system also lends itself to sports betting. Here are a few examples:

Live betting

Live betting vs pre-match betting always drums up plenty of debate, but if you were wagering £5 on Carlos Alcaraz to win the next game in a Grand Slam semi-final, and it comes through, you would double your winnings to £10. Live betting allows players to mix things up as the action unfolds.

Double Chance

Once you have assessed the money odds, double chance allows players to cover 2 out of 3 possible outcomes for soccer match betting, giving you a better chance of winning. As mentioned, Paroli gives you more chances of success, but again, imposing betting limits can help stem losses. For example, Tottenham could be facing West Ham in the Premier League, but by covering Tottenham to win and draw, you could bolster your chances of a return.

How to use the Paroli System in Casino Betting?

The Paroli system and wagering on online casino games go hand in hand. It’s intended to be used on bets with even odds. This could be for a game of chance where players have a 50% probability of winning, such as roulette where bets are placed on red or black.

If you chose a $10 stake as your base unit while playing at roulette tables wagering on red/black or odd/even numbers, you could double this to $20 if your bet wins. If you win or lose your third bet, you could revert to $10, and start over again.

In the following section, we have listed some of the casino games that are compatible with the Paroli betting system.

Best Sports & Casino Games to use a Paroli Bet

Casino Games

Roulette – Delving into roulette strategies , it is best to use Paroli for European roulette as opposed to American roulette where there is a double zero, which in turn, increases the house edge. You can use the system whether betting on red or black, or odd and even numbers, and it even applies to side bets.
Blackjack – Due to the low house edge, blackjack works well. You can double your stake per hand. If you want to learn more about playing this casino classic, read our full guide to blackjack.
Craps – This is designed for 1:1 bets such as pass line or come bets rather than place bets. With the pass line, the house edge for this casino game is reduced slightly.

Sports:

Soccer – Works great for moneyline and spread betting , such as the number of goals in a match.
Basketball – This is great for wagering on the NBA , and specific markets such as prop betting and a player scoring a certain number of points per game, a parlay or same-game multi-bets .
Tennis – This can be used for live betting or even for Over/Under betting lines for the number of sets played or games contested. In that sense, tennis is dynamic for Paroli betting.

Pros & Cons of the Paroli Betting System & Tips

Here is an overview of the benefits and drawbacks of the Paroli betting system, and some useful tips to help you get started:

Pros

You don’t need to sacrifice large parts of your bankroll.
Table limits aren’t a factor whether you are playing roulette or baccarat.
You may make the most of hot streaks.

Cons

You can’t overcome the house edge built into casino games.
You shouldn’t chase losses.

Meanwhile, here are a couple of handy tips that will bode well for you whether using Paroli for sports betting or games at online casinos:

Find value in bets – When it comes to reading sports betting odds , for example, you need to understand the Vig and seek value to extract the most from your picks.
Learn the lingo – Casino games and sports betting slang is thrown about often, so make sure you clue yourself up to stay in the know.
Don’t exceed financial expectations – Whether betting with Japanese Yen , Canadian dollars , or Brazilian reais , there are various methods to deposit and withdraw at Bety – but avoid overextending yourself. Utilise our responsible gambling calculator if you need some assistance setting limits.

Alternative Betting Systems to Try

If you want to venture from the Paroli betting method, there are a few other systems to try out:

Bet Promotions, VIP Club & Responsible Gambling

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