A complicated system, the Labouchere System is one of the most profitable techniques ever invented. It may take some time to master the method, but it is very effective in the long run, that is, if you want to keep your bankroll and your resources stable.
The Labouchere System is known by many names. In fact, it was even called the Split Martingale, or the Cancellation System, and even the American Progression.
The method takes on the principle of the Martingale, another negative progression. However, the difference is their belief.
In Labouchere, recovery of losses is possible through a small number of wins. The Martingale, on the other hand, believes that the losses can be recovered by increasing the bet amount.
Moreover, the Martingale aims to recover the losses incurred with one single win. That is in contrast with the Labouchere System because it will be recovering the losses through multiple wins.
With that in mind, OkBet will teach you how to master the technique. Read along to understand how it works, and how it can be used.
The Labouchere System
Developed by roulette player Henry Labouchere, the Labouchere System is typically used in roulette, blackjack, and baccarat. It can also be used in sports betting as well.
To start using this method, you have to write down a sequence of numbers. Now, these numbers should be well thought out because they will affect your potential profit.
For example, this sequence:
20 – 30 – 40 – 50
The sum of these numbers represents the total amount of profit you want to win. Following the sequence, the goal is 140.
The player will then bet the sum of the first and last numbers in the sequence. In the example, it will be 20 + 50 = 70. If the bet is won, those numbers will be crossed off the list, and a new bet is placed equal to the sum of the new first and last numbers.
But a new number will be added to the sequence if the bet is lost, which is the sum of the first and last numbers. The new set of numbers will be:
20 – 30 – 40 – 50 – 70
The first and last numbers will be added again, and their sum will be the total bet amount.
The process continues until all the numbers in the sequence have been crossed off, at which point the desired profit has been achieved. If, at any point, the player runs out of money to make the next bet, the system fails.
Exception
There will come a time when the player will be left with just one number. The only course of action is to stake the remaining amount.
If the wager wins, the original sequence will reset.
Advantage and Disadvantage of Using this System
The Labouchere System offers flexibility in betting. Players are allowed to adjust the initial betting sequence. They can also adjust the levels of risk and reward. Adding zero to the sequence is also allowed, making the technique much safer.
For instance, having a longer sequence means the profit will be much higher than a shorter set of numbers.
The problem, however, is that the longer sequence results in a larger bet size, especially if few losses are incurred.
The system is guaranteed to make money. However, there is also a possibility that the player will experience a losing streak.
In that sense, the Labouchere System is like other negative progressions. It is like a double-edged sword, but with fewer risks, if the player knows how to gamble responsibly.
Recommendation
While the system is much safer than the others, it is also not great. A player may lose more bets than make a profit.
OkBet does not recommend the usage of the Labouchere System. However, if you, the player, know how to control your betting urges and will not chase any losses, the method can be effective and grant you success in your gambling journey.
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