How to use Labouchere-a Negative Progression System
The Martingale System is one of the most well-known betting systems. The Labouchere system can be considered a derivative. The Martingale system attempts to recover losses by placing a more significant stake on the next bet. The Labouchere system attempts to recover losses using a series of smaller bets.
The first step is testing things to determine if this system is right for you. Getting a pen and paper and playing with imaginary bets is best. To understand the system and how it may work, go through it first. Let’s now get into the details.
About the Labouchere System
It was created by Henry Labouchere (1831-1912). has been around for a while. He was a keen roulette player and wanted to make even money on the table. This system can also be used in other table games and sports betting if you have more money options. This is a challenging progressive betting system and can get complicated.
How many numbers? The starting point of the Labouchere system can be any number you choose. You can throw out any number you like, but you need to understand what they mean before you do so. Your stake will be affected by the numbers you choose. This is a Negative Progress system, which means you will increase your stakes when you lose and decrease them when you win. The opposite is a Positive Progression system, where stakes are raised when you win and fall when you lose.
The First Sequence
The first sequence of numbers is now. Let’s simplify things by selecting 1-3-5.
Add all the numbers in your sequence together and get the potential profit for each cycle. Your potential profit for each process of the Labouchere System is, therefore, 9.
Stakes These numbers are also used to calculate the stake you will play. Add the last two numbers in the sequence to get your stake value. In this example, your base stake is 6 (1 + 5)
The Rules of the Cycle
Here you go. Now you have a sequence of 1-3-5, and your stake is 6. You place the bet (remember, these bets can double your winnings). These are the results and what happens.
You have won! You must remove the first and the last numbers from the initial number sequence. In this example, you have the number 3.
A loss: Sucks. Next, you must add the additional stake from the losing bet to the sequence. In this example, you placed six bets, and they failed. Your arrangement now looks like 1-3-5-6.
After every win and loss, you will continue to follow the same steps. These are the Labouchere System’s rules.
It’s all about one number.
The goal is to keep winning and cross the numbers off until all the numbers are gone. There is one exception to these rules: If only one number remains in the sequence, it is called a “single number.” The only thing you have to do at that point is to place a bet on the value of the last number. Let’s return to the 1-3-5 sequence. We bet 6 (1 + 5) on our first bet, and it wins. We take out the 1 and 5 and leave the remaining number, the 3. Next, we will place three on the following even-money selection. These are the results:
Win: A bet on the last number in a sequence will win, and you’ve completed the cycle. You can go back and start a new process.
Loss You lose if you place a bet on the last remaining number. However, that means you must add the 3 to the end of your sequence. Your sequence will now consist of two numbers, 3-3.
Let’s look at the 1-3-5 sequence with a series of bets.
First Bet – Take 6 (1 + 5 5) LossAction: Add six at the end
New Sequence: 1-3-5-6
Second Bet: Take 7 (1 + 6 loss
Action: Add 7 to the sequence’s end
New sequence: 1-3-5-6-7
Third Bet: Take 8 (1 + 7) Wins
New Sequence: 3-5-6
Fourth Bet: 9, (3 + 6) wins
Action: At the end, cross the 3 and 5
5th Sequence: A New Sequence
Fifth Bet: 5 loss
Action: Add 5 to the sequence’s end
New Sequence: 5-5
Sixth Bet: 10 (5+ 5) wins
You have completed your cycle. All numbers have been crossed out. This is an example of a complete process using the Labouchere System.
This is how it works. Let’s now get to the meat and see what we would have done for our money!
The total stakes for the six bets were 6+7+8+9+5+10 =45.
We ended up with three wins and three losses in the sequence.
The loser stakes were 6+7+5 = 18.
Win-winning bets yielded profits of 8+9+10 = 27,
Do you remember our original sequence of 1-3-5? We stated at the beginning that your potential profit is by following the cycle. 27-18 = 9 (1+3+5). The cycle ends with the projected profit. All sounds great, right? You will make a profit regardless of how many numbers you have. It is a simple decision, right? It’s not that easy because betting is unpredictable.
Like all betting systems, there is no guarantee. Unpredictability is a factor. Suppose you’re sitting at a roulette table, doing this with Red/Black at even money. If you place a bet on red five times and it comes back black five times, then the chances of it being red again don’t change. Changing to red to try to alter your luck would be tempting. It is still possible for it to be another black, but it is only 50/50. It keeps everything the same about what might happen next. However, panic sets in, and punters attempt to force things. That’s when chasing down losses becomes risky because you need clear judgment.
Because you have a set bankroll and know precisely what stakes you will be taking on, betting systems can help. The longer you lose streaks, the more money you must put in your pocket. This is because you are trying to chase down losses, which is what the betting system does. You can lose your temper quickly and must take on large stakes to get back on track. Keeping a bankroll that is based on your ability to lose is essential.
This is where the betting ego comes in. While no punter believes they will lose, they do happen. It’s just the truth. You still need to win if you play the Labouchere System. Due to the progressive stakes, a losing streak could quickly wipe out your bankroll.