With casino games’ chance-based gameplay, they can be difficult to win at. After all, how can you win against luck? Fortunately, it’s possible to turn the tables of fortune in your favour! By using a progressive betting system called ‘Labouchere’, you can win big at your favourite casino games.
Today, you’ll find out all about the Labouchere betting system and how you can use it to better your chances of winning so keep on reading!
History
This betting system was conceptualized by English politician, writer and well-known gambler Henry Labouchere to act as a guide in winning horse betting games. However, as it gained more prominence in casinos and various betting areas, it became used more in countless casino games and sporting events.
The Labouchere Betting System then allowed many to play in a modular way, making the experience a lot more enjoyable and rewarding.
How to use the Labouchere Betting System
The Labouchere betting system is traditionally used in casino games that have even-numbered bets like blackjack, baccarat, sports betting and roulette. To use this system, you’d have to set up a random set of numbers before you begin.
The Labouchere betting system allows you to define the overall value of your bet by using a set of numbers of your choosing. However, you must seldom place random numbers on the sequence. Properly pace your numbers so you have a balanced big or small bet values throughout the game. (More on this below.)
This is unlike using the Fibonacci System that requires a specific set of numbers to be used that may or may not fit your current betting goals.
Below is how to use the system and what you can do should you win or lose the round you find yourself in:
Win
When beginning the game or during a winning streak, you need to follow the instructions below:
- Begin the game by choosing at least 5 random numbers. These numbers can be based on your intended wagers per round or a set that can lead to affordable wagers. In this example, the numbers are 39, 98, 3, 1 and 52.
- Once you’ve chosen the set, choose a wager that’s available on the game. For this example, the wager is US$5.
- As you begin using this technique, find the sum of your chosen first and final number then multiply it with the wager you picked. Going back to the example, the numbers 39 and 52 are added to become 91. You will then have to find the product of 91 and your wager of US$5. This gives you US$455 to use and wager on your first round.
- If you were fortunate enough to win in the game, eliminate 39 and 52 from your sequence. Then, restart the process with 98 and 1 then multiply by US$5. ((98+1)(US$5) = US$495 will then become your next wager.)
- Repeat until you’ve used up all the numbers in your sequence.
Loss
Since casino games are all luck-based, expect some losses during your gameplay. Fortunately, even if you’ve lost, you can still continue using the Labouchere betting system. Here’s how to do it:
- In the event of loss, keep all your chosen numbers in the sequence.
- Afterwards, reuse the sum of your chosen first and final number and place it at the end of your initial sequence. Returning to our sequence example, your new set will then be 39, 98, 3, 1, 52 and 91.
- Afterwards, simply repeat the process mentioned above. Going back to the sample, this means 39 and 91 will be added and then multiplied by US$5. This makes your upcoming wager US$650.
As mentioned earlier, pacing the numbers is paramount for your success. Based on the example, it’s clear that the sequence of numbers is randomly chosen. This randomized choice has led to getting higher and higher wagers for the player to bet on.
Though this is great if you have a large bankroll and continuous winning streaks, it’s not ideal if you’ve been losing and with a smaller bankroll.
Pros and cons of the Labouchere Betting System
Can this complex system help you succeed in your favourite games? Help yourself to reach your own conclusion using the following information:
Pros
- One of the best things about the Labouchere betting system is that your upcoming actions take lost bets into consideration. Using the mathematical process you’ve used in this betting system, it’s possible for you to earn your lost bets back or make a profit.
- The Labouchere betting system allows you to keep on playing even if you’ve broken your winning streak. This is unlike other progressive systems that need you to consistently win or lose to apply certain betting systems.
- Another benefit of the mathematical system is that even if you’ve only won a few rounds, you can make a solid profit off the system.
- Next is it helps you have a concise tracking program for your previous and future bets. One of the problems of playing casino games is that it can be hard to track these two types of wagers. This sends you to the pitfall of over or underspending in your games that cause you to lose money. However, with the sequence and formula you’ve prepared, you can make better decisions as you continue playing more games.
- Finally, the Labouchere betting system allows you to define the value of your wagers. This is unlike the values of the Fibonacci System wherein you will have to use the numbers (0, 1, 1, 2, 3, 5, 8, 13, 21, 34,…) to help you create a value you should wager on.
Cons
Due to the consideration of losses, you’d then have to wager potentially bigger and bigger bets to be able to win back or make a profit. This makes the Labouchere betting system more ideal for more high-rolling players with large bank accounts.
Will the Labouchere Betting System assure success?
Due to a casino game’s natural house edge, every round you’ll experience is purely luck-based. However, despite this in mind, never give up on mastering the Labouchere betting system!
This is because as you thoroughly understand this system, you’ll be able to win in more rounds. You may not be assured a win, however, your chances of achieving so rises—unlike going into the game blind. So take the time to make this system your own to create superior tactics that allow you to better the odds in your favour.