There are numerous strategy systems and betting tactics used in blackjack and Paroli is one of the simplest ones to implement. While it may not be as widely used as the Martingale, Paroli carries great potential and that is why many blackjack players are still interested in using it, whether they are playing online or at land-based blackjack tables.
The system is believed to have originated in France and it relies on progression betting, like most other blackjack strategies. Follow these guidelines to successfully execute Paroli strategy in your blackjack gameplay.
Understand the Aim of the Strategy
The Paroli betting system is a positive progression scheme. People often call it the Reverse Martingale system. Much like Martingale, it also focuses on even money bets and tries to take advantage of winning streaks.
One could say that Paroli has two main purposes – to eliminate the risk of massive losses and to establish consistency when it comes to generating small wins.
The logic behind this system comes from the assumption that both wins and losses come in streaks. Therefore, the player who wishes to apply the positive progression stands the chance to maximize profits if he or she wagers higher amounts during a winning streak and decreases the stakes during a losing series.
Practice on Free Blackjack Games Online
Once you have gone over the basics of the Paroli system it is wise to play a few demo blackjack games with it, just to see how it all plays out. You can practice sequencing your bets and not risk any of your real money funds.
This is, of course, optional. You may not need any practice since Paroli is one of the simplest blackjack strategies around.
Establish Your Base Stake (The One Unit)
For the Paroli betting system to be effective, before you start placing wager you need to determine a fixed base stake. This amount will be known as the 1 unit.
It is completely up to you what the value of the unit will be, but it should be determined according to the size of your bankroll.
If you are a high roller, you can go for a higher than average base stake. If this is not the case, it would be a lot safer to start with the minimum stakes possible.
Double After a Win
You keep betting the same one unit over and over again until you achieve a win. At that point you are prompted to double up on your stakes and hope for another win.
A consecutive winning outcome should warrant another doubling on the previous bet.
Three Consecutive Wins are Enough
The Paroli system indicates that you should stop doubling your wager after achieving 3 consecutive wins. This is when you can go back to wagering your base stake until you experience another winning hand.
Go Back to Your Base Stake After a Losing Round
The same principle applies when you experience a losing hand. Go back to the beginning of the betting cycle and start betting one unit until you bag a win – when you can up the stakes again.