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The Labouchere Betting System – Online Betting System |
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The Labouchere betting system is a progressive gambling method that is based on a pre-determined betting pattern. |
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Basics of the Labouchere betting system … |
| The Labouchere betting system is a progressive method that is based on cancellation. This method involves setting a series of numbers before beginning to play. This technique may be considered to be a little more complicated than some other betting systems and a pen and a piece of paper is certainly required. This method entails the creation of a particular pattern of numbers and recording its details on a piece of paper before starting the game. |
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How to use the Labouchere betting system … |
- The first step when using the Labouchere betting system is to create a series of numbers. An example of such a pattern could be 1, 2, 3, 4, 5, 6. Each of these numbers represents the unit to be wagered.
- The way it works is that the first and the last numbers are added together to create the betting amount. In the instance mentioned above, the first bet to be placed would therefore be 1 and 6 that totals 7 units.
- Following a win, the player crosses off the two numbers that have been used and then places a bet using the next two outside numbers.
- In the case of a loss, the player then adds the number to the end of the betting pattern. In the example mentioned above, if the first bet was lost, then the player would add a 7 to the end of the series.
- In order to clarify, following a win, the two numbers used are crossed off the list and following a loss, the bet amount is added to the end of the series. The system continues in this way until the series has been completed.
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Points to note regarding the Labouchere betting system … |
- The Labouchere betting system is also sometimes referred to as the cancellation betting system.
- Within this system, a player may determine a pattern according to an amount with which the gamer would like to play.
- Once the pattern has been completed, the gamer may start again from the beginning.
- There are different variations of the Labouchere betting system and the method described above is the basic form.
- It should be taken into account that even if the first bet placed is small, a player could be betting large sums of money in the later stages of the sequence.
- When creating the sequence, it is recommended to verify that the sum of the outer numbers of the pattern does not exceed the maximum betting limit at the casino table.
- This system is used for even bets and some players like to use this method at the game of blackjack and roulette, among others.
- The Labouchere betting system is more appropriate for online gaming as in this way, it is easier to keep track and to make notes of betting along the way.
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