The Paroli of Three or Anti-Martingale System, which is used by sports bettors as well as those playing casino table games, is a method of wagering that may be defined as being limited progression. In other words, when you win, you increase your wager but the increase is limited to a total of three bets. It is known as the Anti-Martingale System because under Martingale bets are increased after every loss.
How Paroli Works
The basic idea behind the Paroli of Three System is that bettors can take advantage of a winning streak. This system offers them the opportunity to increase profits while safeguarding them against big losses. When using this system, sports bettors only increase their wager when they win. They go back to their original bet as soon as they lose or after winning three straight.
Outline of the System
The Paroli of Three System uses as its foundation one unit of betting. If your unit bet is worth $20, that is the first wager you make using this system. Here is the betting sequence.
- Bet $20. If you lose, bet $20. If you win, increase wager to $40.
- You bet $40 after winning your first wager. If you lose this one, you go back to your $20 wager. If you win this one, you double your next bet to $80.
- Your next bet is your third, so whether you win or lose you will revert back to the safety of the one unit wager. Then you may start the sequence again.
Pros and Cons
There are a few positive aspects regarding the Paroli of Three System. Unlike other systems, it is fairly conservative while allowing for some controlled progression betting. Overall, it limits losses through two basic restrictions. One is the fact that bettors are limited to increasing their wager just three times before going back to a one-unit bet. The other is that there is no attempt to quickly make up for losses. As soon as you lose a bet, you go back to the safety of the single unit bet.
On the negative side is the fact that the number of units you bet has no connection to the amount of risk or benefit that you perceive to be connected to your wager. As it is with most other betting systems, money management is taken out of your hands. Instead, everything is determined by wins and losses.
Should You Use It?
The Paroli of Three System may be used at times in a limited manner. This is a good system to use if you find yourself with a bankroll that has increased at least 30%. However, it is not recommended on a continuing basis. It puts you on automatic pilot as a sports bettor, which is never a good idea.