What is Paroli Betting?
Nowadays, a lot of punters are encouraged to bet more on live sports betting platforms, especially when there are so many sports betting systems to make use of. These systems help them make the right bets and strategies.
As a professional punter, you need to be able to choose any betting system that will be appropriate for certain kinds of sports. One such positive progression betting system that is commonly used among punters who do not have much budget and do not prefer betting high stakes is the Paroli betting system.
Courtesy of Top US Casino
The Paroli betting system derives its name from the Latin word “par,” which means equal or one that has equal or similar value. This system is usually used in games like Blackjack or Roulette, but it can also be used in sports betting as long as punters choose bets with approximately 50/50 odds. It is known to be the opposite of the Martingale system because it emphasises consistency of wins instead of the amount of money that punters can overall win. It is also beneficial for those who want to avoid significant losses and want to keep their budget well-balanced.
Courtesy of Casino Review Squad
How does the System Work?
Since it is a positive progression system, in Paroli, punters will have to increase their stakes after each win. The goal of this system is to get three consecutive wins in a row while doubling the bet with each win.
In order to start the progression, a single unit will be wagered on an even money outcome, and if the bet loses, one unit will be bet again. The punter will continue betting while never changing the amount bet until the wager wins. Following a win, the punter will then wager two units. If the wager loses, the punter will return to betting one unit. But, if it wins, the next bet will be doubled again to four units. The final result can either be a net loss of one unit or a profit of seven units, and a new progression begins. You can also look at the table above for the eight possible patterns of wins and losses.
The Paroli betting system is an easy way for punters to win bets. That is why if you want to have an edge when it comes to trading in sports markets, strategising and analysing the best way to get the results you want is always a must, and these types of systems always help.
For more information about the sports betting industry, you can learn all about it at VOdds, a sports trading platform that can give you all the features, tips, and strategies that you want. Register with us now!