THE PAROLI ROULETTE STRATEGY EXPLAINED

Since its birth in 18th century France, roulette has captivated the attention of many who encounter its spinning wheel of fate. Today, the wheel spins and proliferates at breakneck speed in online casinos from across the globe.

The internet gave rise to wheels in many variations, from First Person games to the ever-refined Live Casino variants popping up from just about every casino game provider you can think of.

Naturally, the rise of roulette variants also signifies the rise of roulette strategies. As more and more players engage with the game, betting systems spread far and wide, giving a new lease of life to these sculpted methods to boost a player’s odds of winning. And, of the multiple methods players can avail themselves of, chief among them is the Paroli strategy. 

You might have looked into it before, or you might have never heard of it before now — either way, this article is going to settle the score on this system and lay out everything rookies and veterans need to know about the Paroli roulette strategy!

What is the Paroli betting strategy?

Perhaps the most well-known system when it comes to betting methods is the Martingale system. If you’re familiar with the Martingale system, you may realise that the Paroli method is not too far removed, as it is sometimes referred to as the reverse Martingale strategy!

According to some historians, Victor Bethell is the originator of this strategy; others disagree and believe French mathematician Blaise Pascal is behind its genesis. Regardless of its disputed origins, one look at this extremely simple roulette system and its appeal is not hard to spot.

The basis of the Paroli system lies in one single-chip unit, which is placed on a starting bet. The player must bet one more unit should they lose the starting bet, one more unit should they lose the next wager, and so on. This carries on for an entire losing streak until the player lands a win.

With that said, how many progressions does the Paroli system need to be implemented from start to finish? And what does this mean for you and your bankroll when hitting a winning streak in a roulette session? Let’s look at this in more detail in the next section.

How the Paroli betting system works

As a positive progression system, the Paroli roulette system is an example of a roulette system centred around flat-betting. This means that, should you lose your initial bet, and continue to lose each stake after your initial bet, the amount of money for each stake remains constant, only increasing after winning a bet.

Once a win has occurred for the player, they must double their bet and place their wager again. 

The Paroli progression reaches its climax when four units have been bet in total, although some ambitious players decide to risk more progressions in pursuit of an extended winning streak.

The Paroli roulette system charts — examples of use

To get an even broader view of what a roulette session played with the Paroli system looks like in action, here’s a handy chart mapping out how much you are losing with each wager, as well as the net profit in winnings for each winning round:

How to use the Paroli strategy while playing roulette

So, we’ve covered the base information about the Paroli system. Now, let’s apply this roulette system to practical terms so we can have a clear idea of how to go about it when you play roulette.

To keep things straightforward, we’ll use a simple initial bet of €1 to illustrate the example concisely:

1. Choose any one of the Outside bets at a roulette table and wager €1 as your first bet.
2. For the sake of this example, let’s say you lose your bet. In this scenario, you place a second bet of €1.
3. This time you win the bet. This means you double your bet to €2.
4. Let’s say you win again. Now, your bet value has increased to €4.
5. At this point, if your next bet is a win, you have reached the end of the progression.
6. However, if your bet loses, the value is reset to €1 once more. Repeat the progression until landing a win three times consecutively.

That’s all there is to the Paroli roulette system! As you can take away from this example, this betting strategy is very linear and easy to follow, which can help explain its prevalence among roulette players of varying skill levels.

What are the pros and cons of the Paroli roulette system?

Note that for every bet that you lose, the losses incurred are marginal in the Paroli betting system. 

This low-risk approach to a losing bet is another factor which tilts many roulette players towards adopting this system over other roulette systems with a bigger net loss.

That said, roulette being a game of chance means roulette systems can never be 100% foolproof. No amount of deliberation or strategic calculation will guarantee long-term winnings, and the house edge is always looming over the potential for winning a profit.

With this in mind, the Paroli roulette system is another way to safeguard your money, potentially pick up a profit and avoid betting yourself into difficult losing streaks. Ultimately, it is up to you, the player, to decide.

To give you a more balanced idea of what this betting system offers, we’ve compiled the advantages and disadvantages into a list, starting with the advantages.

Advantages

• Easy to grasp for beginners and easily tailored to any size bankroll.
• No larger bets are required to chase losses incurred in a losing streak.
• The risk is controlled as a progression restarts after scoring three wins.
• Table limits do not apply as your wagers are not doubled for an extended period of time.
• You can win and generate a net profit without having to lose large sums of money.

Disadvantages

• The odds of winning four bets in a row stand at a mere 5.6% in European roulette, and even less in the American variant.
• Earning a profit takes time; the player can make a profit worth seven units, but this is only in three successful progressions; otherwise, the player is risking getting caught in long-losing streaks.
• The potential for profit is reduced if, instead of big wins, the player is stuck trying to recover big sums of money after a losing streak.
• Players who expect lots of winnings in profit without being aware of the risk stand to lose their bankroll.
• In the long term, this strategy is more likely to lose you money than generate a win.

Types of roulette bets that can be used with the Paroli system

Different types of bets come with different odds of winning. Roulette itself consists of many even-money bets, which are bets that pay 1:1 on a win.

The Paroli system involves placing units on even-money bets in this casino game, such as Even/Odds bets, High/Low bets or Red/Black bets.

Due to the nature of a positive progression system, you double your bet only after a win. After each and every win you land, the value of your stake doubles in amount.

As we’ve mentioned, to finish its progression, the Paroli system aims to stack three consecutive wins. Once you have landed consecutive wins in a succession of three, the value of your bet is reset to its original amount, and the progression ends.

Therefore, the Paroli system is most effective on Outside bets, much like the Martingale system to which it is closely related. 

That said, in the past, it has also been adapted to Inside bets by the creative player, but we do not recommend doing so unless you possess a rich knowledge of this game.

Try out the Paroli strategy roulette systems at the HotSlots online casino!

Now, you know everything you’ll need to use the Paroli method to your best advantage, and take those spinning wheels by storm! If you still need to decide on the right roulette table to practise your newfound knowledge on, look no further than HotSlots!

Our blistering collection of Live Casino games is sure to set your spins on fire. From online tables where you can try out these systems by yourself to live tables in an unbelievable choice of variants thanks to some of the foremost providers in the business!

Why stop at roulette? Take in poker, baccarat, sic bo, blackjack and craps, each with its own line of variations! And that’s not all; our range of slots will surely pique your interest. 

To make things even wilder, you can take a look at our ‘Promotions‘ page for an extensive list of bonuses to really burn through the reels and win some fantastic prizes. Just read through the Terms and Conditions to be sure you’re eligible for a bonus beforehand.