The Labourchere strategy
This betting strategy involves the players setting how much money they expect to win.
Then, the players have to adjust their bets according to the setting. The system is also called the split martingale or cancellation system.
Who invented the Labouchère Strategy?
The Labouchère Strategy was invented by Henry Labouchère, an English politician and roulette player.
This betting system has been in use since the 1800s.
How does the Labouchère System work?
The Labouchère betting system is based on a negative progression system. This means that the players continue playing until the goal they had set in advance has been reached.
The main difference between this system and other betting methods is that the Labouchère strategy does not require the player to put a single high-risk bet to win back losses.
Instead, this happens over a series of bets. Hence, the player reaches his goal over a series of placed bets.
So, how does the system work? Let’s go over the steps below:
The player decides how much they want to win. The intended win amount should be in line with the player’s bankroll.
The player then writes down a list of positive numbers that adds up to the intended amount he or she4 wants to win. The most common way to divide is 7-10 times.
However, this is up to the player. For example, a player’s intended winning goal is $100.
This amount can be split into five values in a sequence as follows:
After splitting the winning amount, the player places a bet to win the sum.
Now, the next step is to check the list of bets. The Labouchère system states that the value of the first bet is calculated by adding the sum of the first and last numbers in the list.
The system requires placing bets in a sequence. So, from the example list above, that will be $10 + $10 = $20.
The player must continue this manner until all the sums in the list are complete. If the player loses, he adds a number to the sequence.
For example, 10, 20, 40, 20, 10, 20. In this case, the next bet will be $10 + $20 = $30.
If the player wins, he removes the outer numbers. For example, in the sequence of 10, 20, 40, 20, 10, 20, the first and last numbers, $10 and $20, are removed.
In this case, the next bet will be $20 + $10 = $30. If the player keeps winning, he will only have one number at the end. He will bet that amount, and the sequence will end.
Advantages and Disadvantages
The Labouchère betting system has certain benefits:
- It is not high risk, as the player decides their own goal before placing the bets.
- The player decides the amount of the winning sum and the number of bets it is split into. So, the Labouchère system is flexible.
However, no betting system comes without its disadvantages:
- The Labouchère system can be heavy on your bankroll if you suffer significant losses.
- This is because, with each losing streak, more and more numbers are added at the end of the sequence with each loss. So, as the line escalates, the size of the bets will get bigger. Due to this, the player may fail to cross out all the numbers in the sequence. There is no guarantee that the method will be successful.
What games can be used with the Labouchère system?
The Labouchère system can be used in casino betting games such as Roulette, Blackjack, Baccarat, and sports betting. It is a fun betting system if you play a casual casino game.
In the Reverse Labouchère betting system, the outcomes for winning and losing are reversed.
So, what does this mean? Instead of adding a number to the sequence when the player loses, as we did in our example above, the player will now add a number to the line when he wins.
So, Reverse Labouchère betting follows a positive rather than a negative progression system. The player can thus end up with a significant profit if he gets a series of wins.
The Reverse Labouchère betting system is designed for games such as blackjack and baccarat.
How can I make the Labouchère betting system work best for me?
To make this betting system work for you, you must ensure you are betting a small proportion of your total bankroll and choosing smaller sums spread across the sequence.
Is the Reverse Labouchère betting system suitable for all games?
The Reverse Labouchère is not the primary strategy for serious sports betting. It is used for fun casino games and does not give any guarantees.
What is the best Labouchère betting sequence?
The best Labouchère betting sequence for casino and sports betting lets a player bet 2% on average of the player’s bankroll for each bet. The numbers are not important.