The Labouchere Roulette Strategy
The Labouchere Roulette Strategy is an invention by an astute 19th Century Politician and journalist who also owned his own brand of Magazine amongst other businesses. His name is Henry Labouchere.
He was a wealthy British aristocrat, a renowned gambler who carved a niche for himself in Roulette. He was renowned for inventing an innovative betting technique. That technique is today named after him, and extensively using it.
This Labouchere strategy might look a bit complicated to anyone new to the system. It is because of its complexity looking nature but with little attention you should be able to master it, then it will require no more extra effort henceforth.
Are you looking for a straightforward simple progressive betting system? If so, you might not consider this option except you are really willing to learn. This system is a complex Martingale and Fibonacci.
This strategy is also known as the Cancellation System or American Progression. This negative progression strategy basically implies that you increase your stakes after losing bets but in a sequence designed by you from the outset.
The aim behind this strategy is that you should eventually recoup your losses back with a fewer number of wins racked up compared to the number of losses suffered.
Table of content:
- The Labouchere Roulette Strategy
- Applying the Labouchere Roulette Strategy
- How it Works – Step by Step Guide for The Labouchere
- Advantages of the Labouchere System
- Disadvantages of the Labouchere System
- Conclusion
Applying the Labouchere Roulette Strategy
Like every other winning strategy postulated to smash the Roulette wheels, this Labouchere Strategy also sticks out its neck for the Even Bets.
Even Bets are those types of bets that offer you a 50/50 chance of winning, and they are always the Outside Bets. You can use it on other bets options like the Inside Bets. Nevertheless, it’s most efficient when played on those with 50% chance bets.
Here we are talking about the High and Low, Red and Black, Even or Odd. Note that it will count against you if the ball after a spin lands on Zero. This will outrightly defeat the entire purpose.
How it Works – Step by Step Guide for The Labouchere
The most fundamental principle of this Labouchere Strategy is to know how much you want to win. Especially in the end from the beginning. Once you have decided your ultimate payout then you will need to break it down to smaller possible positive numbers.
If you aim to win $1000 after your whole exploration, then you must have a sequence of 1000 numbers but broken into smaller piece, see below:
100 – 100 – 100 – 200 – 200 – 200 – 100
The arrangement of the sequence of the number you will follow does not have a specific guideline. It means it is entirely up to you how you lay the breakdown. Just determine how much you wish to win then split as you wish!
Now to wager on your bet, pick the number from the leftmost and from the rightmost. Add it up and that becomes your first wager.
From the sequence above, you will have 100 + 100 = $200 which will be your first wager.
What if you win that bet?
Next, if you win that bet, you must strike out or cancel out those two numbers from a sequence. Then you’ll have:
100 – 100 – 200 – 200 – 200
Having won your first bet using this Labouchere Strategy, you need to go to the next bet. Remember that your sequence will be left with:
100 – 100 – 200 – 200 – 200
Again, we will use the same format, pick the leftmost number and the rightmost number, this time it will be 100 + 200 = $300 which will be your next wager.
On a contrary, had you lost that very first bet then your next wager would follow this format, you will retain the entire initial sequence then but with the addition of the combination of the lost sequence, see what you will have below:
100 – 100 – 100 – 200 – 200 – 200 – 100 – 200
You next wager will be 100 + 200 = $300
Note that you don’t have to keep betting on the same outcome each time you wager, all that is important is that you must make sure the bet is always on the Even Bets as listed above. If you bet on Red or Black, you can move to Even or Odd, etc.
Basically, you will keep repeating this template, that is, cancel out the leftmost and the rightmost after a win but if it is a loss, add the previous wager to the rightmost then repeat the process.
You will continue this but as soon as you hit the amount you set out to win, you should end the game and reset the process by highlighting another sequence.
As soon as you have a hang on this strategy then it will be a smooth sail.
Advantages of the Labouchere System
The Labouchere Strategy is one that comes with numerous advantages putting you in good stead against the odds due to the fact that it is a well-organized model. So, if you are disciplined enough to follow the trend and the sequence you laid out, you can walk away with as much as you anticipated.
The idea that you go on decreasing the sequence by two every single time you win is a massive positive and when you lose, you increase it by one.
Logically, when you take two steps forward and one backward, you will be moving ahead no matter what.
More importantly, it’s flexibility ensures that you are liberty to decide your own sequence giving the opportunity to choose your own risk level. This might not look awesome to you but when you realize that you have the full grasp of your bankroll and money management then you will appreciate the strategy. You choose when to shoot and when to cease fire.
Disadvantages of the Labouchere System
Inasmuch as the Labouchere Strategy has proven that it is an intelligent system, in roulette, nothing is certain in the end.
Take this instance, if you hit a very long stretch of losses and you kept adding up, you could end up amassing an unassailable numbers that will be too humongous to overturn except you hit a fresh luck of a run of wins too and that can only happen if your bankroll hasn’t run dry before then.
And even when you try to manage staying afloat with this Labouchere Strategy, the typical house edge of Roulette is another stumbling block you must scale to remain in game. For every win, for every loss the house edge remains demanding.
Conclusion
In a nutshell, the Labouchere can turn out to be a bad system should you amass a long haul of losses. Even though you don’t need as many wins as losses to be profitable, a bad streak is equally detrimental. The House edge is also unforgiven.
However, it is a fun strategy for huge risk takers and high rollers. They understand that once they amass a winning run either before or after a losing streak, it’s best to quit.
Best thing about this strategy is that it leaves you with all the chances to decide your own fate.
See Also: Top Benefits when Gambling Online
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