Labouchere Betting Strategy
There are many betting strategies in circulation, and some people believe that by using the right one they can win more than lose, and at least minimise their losses. Two of the most common betting plans are the Labouchere system and reverse Labouchere. They might seem a tad complicated at first, but with a little patience and practice, you should master them in no time. Here we look into both betting systems and discuss how viable and effective they are. You can use the Labouchere Betting Strategy for roulette, along with other casino games like blackjack and baccarat. Sports betting is also a viable option.
The Labouchere Betting System
The Labouchere Betting Strategy is a negative progressive system whereby you increase your bet after a loss. The idea is that a sufficient bankroll will enable you to win back any losses in the long run, providing the stake also increases. The system goes by the names Split Martingale, Cancellation Strategy and American Progression. Unlike the Martingale System, where you have to double up after losing, in an attempt to win back losses with one single bet, you try to recover your losses with several wagers. Roulette player Henry Labouchere was born in 1831 and passed away in1912. He first proposed the Labouchere betting system, which was primarily designed for roulette, and in particular even-money stakes like red or black and odd or even.
Does The Labouchere Betting System Work?
The Labouchere betting strategy, just like many other negative progression systems, was initially designed for Roulette. If you play roulette for an indefinite amount of time, with an endless bankroll at your disposal, no house edge like a zero, it might just work. While it may help you win with casino gambling, your wins depend on an element of luck. It can still be a fun strategy if you a playing a casual game of roulette, baccarat or blackjack with money to burn. It is a viable alternative to placing random wagers and an excellent way to keep a calm mind. In terms of betting, you should focus on finding value in wagers and choosing the right games and odds on which to bet. In combination with a sound strategy, the Labouchere betting strategy could even work. To use the system effectively, you should only bet a tiny percentage of your total bankroll, so ensure you choose units that are small enough.
How to use the Labouchere Betting System
Here are some straightforward steps to follow when using the Labouchere Betting System.
1st Step
Choose a sequence of any numbers, although it is better to keep it simple, for instance, 1, 2, 3, 4, 5, 6, 7 and 8.
2nd Step
Your bet is always the sum of the first and last sequence numbers. For instance, with 1, 2, 3, 4, 5, 6, 7 and 8, your first bet amounts to 1 + 8 = 9.
3rd Step
If you lose, add a number to your sequence. For instance, 1, 2, 3, 4, 5, 6, 7, 8 and 9. In that case, your next stake will be 1 + 9 = 10.
4th Step
If you win, you should remove the outer numbers. For instance, 1, 2, 3, 4, 5, 6, 7, 8 and 9. In that case, your next stake will be 2 + 8 = 10.
5th Step
In the last sequence, you keep winning but eventually end up only one number. You should wager that amount, and the sequence is complete.
Flexibility: Qualifying Or Aggressive Sequences And Setting Limits
With a simple 1 – 2 – 3, you have a qualifying sequence to create your Labouchere staking plan. You could choose a more aggressive number sequence, depending on how bullish you feel. For instance, a series of 3 – 6 – 9 – 12 will see your bets increase far faster on your losses. It is something to experiment with yourself. The Labouchere system helps you to set your limits since you will always bet around a certain amount. Your bets gradually decrease with a winning streak, while they will slowly increasing on a losing one.
Alternative Negative Progression Betting Systems
The Labouchere betting strategy has a lot in common with other Negative progression systems. All Negative betting systems allow you to increase your stakes each time you lose. Here is a comparison of the most common Negative betting systems.
The D’Alembert Betting System
D ‘Alembert is a straightforward, negative progression betting system, whereby you raise your bet by one unit for every loss and decrease the wager by one unit when you win. In theory, that ensures you regain your previous losses.
The Fibonacci Betting System
The Fibonacci betting strategy advocates moving one step down for a win, and two up after a loss.
The Martingale Betting Strategy
The Martingale betting strategy involves always doubling your bet after a loss.
The Reverse Labouchere Betting System - Does it Work?
The Reverse Labouchere betting system was initially designed for 50 - 50 odds games like blackjack, baccarat and roulettes as well. Ideally, it helps you win back on winning streaks what you previously lost on losing ones. It can be an enjoyable strategy to use for roulette, though it doesn't offer guarantees. It helps limit your losses since enough of them will eventually end the sequence automatically. In terms of sports betting, it isn't a primary strategy for serious punters. They should instead focus on finding value bets, and choosing the right sports events, betting markets and odds. However, you can make a healthy profit by using the Reverse Labouchere system, provided you make the right choice of bets. You should try to read up about betting tips and choosing the right games to wager on and make sure you use small units that are a tiny percentage of your total bankroll.
Alternative Positive Progressive Betting Strategies
The Reverse Labouchere betting strategy has quite a lot in common with most other Positive progression betting systems. What is commonplace about all positive betting systems is that you increase your stakes each time you win. Here is a comparison of the most widespread positive betting strategies.
Contra D’Alembert Strategy
The Contra D’Alembert System is simply the reverse of the D’ Alembert system, you increase your stake by one unit after every win, and decrease it by a single unit each time you lose. That will help you gain more on winning streaks while protecting you from losing ones.
1-3-2-6 Betting System
The 1-3-2-6 is a simple, positive progression betting system you can follow if you are on a winning streak. First, you bet one unit, and if you keep winning, then you up the stake by three units, the two and lastly six units. If you win three wagers in a row or lose, you start all over again. It is a somewhat high-risk betting strategy, however.
Paroli System
The Paroli System is another simple system of positive progression. First, you wager one unit if you win double up. Drop back to your base stake after winning three times or losing a bet.
Best Labouchere Betting Sequence
The most significant difference between Labouchere Betting and Reverse Labouchere Betting is the former involves gradually increasing your stakes after a loss. The Reverse Labouchere Betting system is based on increasing the bets after a win. A positive progression system advocates increasing the stake whenever you win. On the other hand, a negative progression strategy means you increase the bet whenever you lose. The best Labouchere betting sequence, particularly for sports betting is a sequence where you bet on an average 2% of your overall bankroll per stake. The numbers aren't significant, and if your course is a straightforward 1 – 2 – 3 – 4 – 5 – 6 – 7, your first bet should be eight units. If you have a bankroll of €1,000, each unit should be €2.50, 8 units €20, or 2% of the total funds. You can increase or decrease each bet gradually in units of €2.50, depending on your winning or losing streak.