An Explanation of the Paroli Betting Strategy

Published on March 27th, 2024 6:54 pm EST


If you have ever used auto-betting on a gaming site such as Stake or Betfury, you have likely encountered the "Paroli strategy" as a way to bet on the games.

The Paroli strategy is hundreds of years old and was first devised by a mathematician by the name of Blaise Pascal.

The strategy uses a positive progression model and is essentially the exact opposite of the Martingale system, in which a losing player will double up their previous wager in order to try and win back their losses.

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The Paroli strategy is quite simple.

First off, figure out what your "base" betting amount will be. Let's say it's $100.

Now, if you lose your first bet, you stay at your base amount of $100 until you win.

If you win a bet, you double your bet to $200. If you lose, you go back to $100.

If you win, you double your bet AGAIN, this time to $400.

Now, when you are betting after two straight wins, you go to your base amount next no matter what happens.

If you win your third bet in a row, you go back to your base amount of $100. If you lose this bet, you also go back to $100, which is your base bet.

With the Martingale Strategy, you are doubling down on your bets every time that you lose.

With the Paroli Strategy, you are doubling down on your bets when you WIN, and then returning to your original base amount after either a loss or three straight wins.

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The problem with the Martingale Strategy is that eventually you will run into a string of losses that will completely wipe you out. Your bets will get larger and larger, and eventually you will bust your bankroll.

With the Paroli Betting Strategy, you are increasing bets when you win, not when you lose, which allows you to hold onto your bankroll for much longer.