Parlay system, strategy for playing roulette
The Parlay system is a very aggressive strategy for playing roulette. It has shown the ability to generate high profits in a short period of time and with a relatively small amount of initial capital. This ability is compensated by an increased level of risk and probability of a loss. However, compared to the Martingale system, you do not risk losing large amounts when playing.
In the game of roulette there is a high probability that the winning colour will alternate in the results of individual rounds. Of course, the colour does not change every round, but it is more or less regular. Every roulette player knows that it is not extraordinary when the same colour wins even 6 consecutive times. The Parlay strategy tries to take advantage of this trend rather than avoiding it.
Basic principles of the Parlay system when playing roulette
The pyramid principle is the basis of the Parlay system. You continue to wager on the same colour. If you win, you bet your win along with the original bet. If you lose, you start over from the beginning. You can choose how long to make the progression (the number of consecutive winning bets after which the game ends). In general a progression of 4 consecutive wins on a single colour is recommended, as this type of progression is relatively frequent. With an initial bet of €2, our profits would be as follows after 4 consecutive wins on the same colour:
- A bet on black for €2, result is black, meaning a win of €2
- 2nd bet on black for €4, result is black, meaning a win of €4
- 3rd bet on black for €8, result is black, meaning a win of €8
- 4th bet on black for €16, result is black, meaning a win of €16
At the start our initial bet was €2, which we have risked for the entire series. If the series is a winner, the maximum possible win is 2 + 4 +8 + 16 = €30, or 15-times the original bet.
Advantages and disadvantages of using the Parlay strategy when playing roulette
The Parlay strategy is risky as the probability of 4 consecutive colours is not high. However, this risk is compensated by the small amount of initial capital put at risk and the relatively high returns in the event of a winning series.