The Labouchere betting system is a popular strategy used for sports betting and online casino games like roulette. With this betting strategy, you set the amount of money you expect to win and then adjust your wager accordingly. It is also known as the split Martingale or cancellation system. Originally, the betting strategy was used for roulette, but its success made it popular in sports betting. The Labouchere relies on a negative progression system in which the player sets the win beforehand and continues to play until they achieve a predetermined goal. Unlike the Martingale system, you don’t place a single high-risk bet to win back your losses.
The Labouchere roulette strategy is a negative progression system that makes you increase your stake after losing a bet. If you are looking for a straightforward betting system to use at Mr Green, the Labouchere isn’t for you. The system is complicated, so it takes some time to understand it. However, it is especially popular among live roulette players. The strategy aims to recover the losses from the wagers you lost and achieve the outcome you expect. Unlike other negative progression roulette strategies, the Labouchere doesn’t attempt to recover all your losses with only a single wager. Instead, it attempts to recover the losses with multiple small wins.
Similar to Martingale, Labouchere’s roulette strategy is devised to work with even bets, with a win probability closer to 50%. Hence, you can use the roulette strategy when betting on even or odd, red or black, and 1-18 or 19-36. While you can also apply the betting strategy on inside bets, it is risky since numbers don’t add up, so you can lose a huge amount.
The Labouchere betting system is named after a well-known English politician from the 18th century. Henry Labouchere was a roulette player who came up with this strategy to boost his winnings in roulette games. While the system was designed for roulette tables, it can be applied to even money bets in other casino games, including baccarat and blackjack.
The Labouchere roulette strategy starts with determining the win amount you expect from the roulette game. From the amount that you want to win, separate it into smaller numbers. There is no formula for creating the sequence. It can follow any order and have diverse values. For example, if you want a profit of $6 from the roulette game, you can use a simple sequence like 1,2,3 that adds up to $6.
Every time you place a wager, your bet should be equal to the first and last number in the sequence. From the 1,2,3 example above, you should stake 1 + 3, equalling $4. If you win the bet, you remove the two numbers from the sequence since you have achieved that goal.
If you lose the wager, you add the amount staked to the end of the sequence. Hence, your new sequence will be 1,2,3,4. After the initial bet, the process repeats itself until you clear the numbers on the sequence. You stake a combined amount of the last and first numbers for each subsequent wager. Hence, in the next bet, you would stake 1 + 4 ($5). However, if you win the first time and two remain in the sequence, you stake that number. If you win the wager, the cycle ends, and you can start over again with the original sequence or create a new sequence. The sequence is simple when you are on a winning streak since you can complete the sequence with two or three rounds. On a losing streak, the sequence becomes long.
Using the above example on a losing streak, your initial sequence of 1,2,3 will become 1,2,3,4 since you add the bet amount to the end of the sequence. The next bet would be $5. If you win, you remove the 1 and 4 from the sequence. With 2 and 3 remaining in the sequence, you stake $5. If you lose, the five is added to the sequence making it 2,3,5. The required stake is $7 (2 + 5) for the next round, and if you win, the numbers will be crossed off. If you win the remaining $3, the cycle ends. From the example, the total losing bets are $9, while the total winning bets are $15. That means your total winning is $6, equal to the sum of the original 1,2,3 sequence.
In the Labouchere system, no matter how long the chain is, you should make the profits equal to the value of the original sequence. If you remove all the numbers from the sequence, you eventually get winnings. In theory, you can achieve your goal by winning multiple small bets, and you will make a profit since the winning bets are higher stakes.
So, does the Labouchere betting system work? You can get a few small winnings if you avoid a losing streak. However, there is no guarantee that you will be on a winning streak. Most people using the negative progression system don’t believe they can go on a losing streak.
The Labouchere roulette strategy is renowned due to the benefits it offers. For instance, it is easy to determine the bet amount for each round by adding up the first and last numbers. Many players have a difficult time determining the bet amount and may end up losing more. The predetermined sequence guides the ideal bet amount to meet your goals.
You don’t have to win all the bets you place to achieve your goals at Mr Green Casino. In some sequences, you may lose more than you are winning and still profit. Adding numbers to your sequence will eventually cover the amount you wager and get winnings. Unlike the Martingale strategy, the Labouchere system spreads your losses to multiple bets instead of risking a huge amount on a losing streak. Hence, you are unlikely to lose more than anticipated.
Despite the advantages of the Labouchere system, it has some drawbacks. For instance, players are not guaranteed profits from the system. If you have a losing streak, it extends across many bets making the sequence rather lengthy. Unless you have a huge bankroll, you cannot cover all the bets in the sequence. If you are on a budget, the losing streak reduces your chances of winning a profit. The strategy of adding one number to the end of the sequence can be problematic. You will have as many numbers in the sequence as the wagers you lost. That means you can make mistakes when cancelling the numbers, failing to hit the ultimate goal. If the wager amount increases, it can reach the maximum bet limit before you achieve your objective.
The Labouchere system doesn’t tip the odds in your favour — you still have to deal with the house edge, which takes part of your winnings. Hence, you must keep this in mind when creating a sequence in order to avoid taking longer to win your projected profits.
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Some players have modified the Labouchere system to improve their winning potential. Some changes include modifying the initial sequence. While the sequence depends on the amount you want to win, how you develop it impacts the overall game. Picking a high number and a longer sequence can increase your winnings. Unfortunately, losses can increase the bet value fast, reducing the strategy’s effectiveness. If you are losing, you can consolidate numbers to increase the bet value for every round. Alternatively, you can reduce the bet amount and raise the betting rounds. For instance, if your initial sequence is 2,2,3, you can split it into 1,1,1,1,2,1 at Mr Green.
You can also modify your sequence in a losing streak to avoid raising your bet values. If you don’t want to play with high bets, you can split them after losing. For example, if you end up with a sequence of 10,20,10,30, you can split the bets to your desired values, just as long as they sum up to the ultimate goal.
Alternatively, you can use the reverse Labouchere strategy, which increases the bet amount with every win. You will add the sum of the bet you won to the end of the sequence and erase the numbers in the sequence after a loss. With the reverse strategy, you will lose lower amounts and potentially make larger profits.
The Labouchere roulette strategy is a great betting system that can help you to turn a profit, even after losing a few bets. Given the possibilities of winning even money bets, the outcomes are favourable. However, you need sufficient funds to beat the long sequence.