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Gambling Strategy - Parley

 

Summary

Parley is the famous 'double or nothing' strategy. It is a system where you increase your stake as you win to capitalise on a winning streak.

Parley - method

While this strategy is used on many games it is ideally suited to even money bets.

Game Bet
Baccarat Player/Dealer
Roulette Red/Black

Pick your colour and stick to it. When you lose simply re-bet your previous stake. When you win double your original stake and double again if you win again (Martingale in reverse).

Your winnings can soon snowball into big figures:

No. of times won in a row £1 Starting stake £2 Starting stake £5 Starting stake
Start £1 £2 £5
1 £2 £4 £10
2 £4 £8 £20
3 £8 £16 £40
4 £16 £32 £80
5 £32 £64 £160
6 £64 £128 £320
7 £128 £256 £640

However the moment you lose, all your would-be profits are gone. Set yourself a cut off point as to when you stop doubling say 3 wins in a row. A good gambler know not to push their luck.

 
 
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