Positive Progression Betting is a betting system or strategy where the bettor increases their bet after a win and decreases it after a loss. The idea behind this strategy is to capitalize on winning streaks and minimize losses during losing streaks. This approach contrasts with negative progression betting systems, where the bettor increases their bet after a loss. Popular positive progression systems include the Paroli system and the 1-3-2-6 system, among others.
How does the Paroli Positive Progression system work?
In the Paroli system, a player doubles their bet after a win. After a predetermined number of consecutive wins (often three), the player returns to their initial bet size. If a bet is lost, the player returns to betting their original amount immediately.
What is the main advantage of using a Positive Progression Betting system?
The main advantage is capitalizing on winning streaks while risking only a small initial bet. When a player loses, they’re usually only losing their base stake, minimizing large losses in contrast to some other betting strategies.
Are there any downsides or risks associated with Positive Progression Betting?
Like all betting systems, there’s no guarantee of profit in the long run. While losses are typically smaller than in negative progression systems, a prolonged losing streak could negate the gains made during winning streaks. Also, the strategy relies heavily on streaks, which are unpredictable.
Can Positive Progression Betting systems be used in all casino games?
In theory, positive progression systems can be applied to any game of chance. However, they are most commonly associated with games where the player has close to a 50% chance of winning, such as blackjack, baccarat, or even-money bets in roulette.
Do casinos prohibit the use of Positive Progression Betting systems?
Generally, casinos do not prohibit the use of betting systems, whether they’re positive or negative progression. This is because, in the long run, the odds are still in favor of the house, and no betting system can alter that fundamental advantage.