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Winning Parlay Betting System Explained

Winning Parlays Header

Congratulations! You have acquired the Winning Parlay Betting System, with which you can have hours of fun, betting with money you won from the casino and only one unit from your own pocket.

We have all heard of the Martingale system, where you double your bet every time you lose until you finally win, in order to make 1 unit profit on any even money bet. This method would work if you had an unlimited bankroll and if the table had no maximum betting limits. But we all know that in reality, this is not the case.

Imagine you start betting with 1 unit and you encounter a streak of 9 consecutive losses. Your bets would be 1, 2, 4, 8, 16, 32, 64, 128, and 256. You would have placed a total of 511 units on the table and still haven’t won yet. Your next bet requires you to wager 512 units, where if you win you will make only 1 unit profit and if you lose, your loss will be a devastating 1023 units.

At this stage you would probably give up, as you either have exhausted your bankroll and/or the table will not allow you to bet 1024 units. It would also be totally unreasonable to risk 2048 units for 1 lousy unit profit. And the chances of winning are slightly less than 50% at every bet. The fact that Red or Black didn’t show up 10 times does not mean that it’s due to show up on the 11th time, because the probability of its showing up on the next bet is exactly the same as the previous bet: about 50%.

We all see some streaks of Reds or Blacks (in Roulette), Pass-Line bets or Don’t Pass-Line bets (in Craps), Player or Banker (Baccarat), where the same outcome repeats sometimes over 2, 3, 4 and even a bit more rarely 7, 8, 9 times. The longest streak of Red showing up consecutively recorded in history was 32 times in a row in a casino in Brazil. Imagine the losses of whoever was using Martingale, even for those who have waited for Black not to come up 10 times before they started betting on it.

I have personally seen Black showing up 16 times in a row. And I see either Black or Red showing up 6, 7 times consecutively much more often. This is very obvious if you observe Roulette scoreboards.

Winning Parlays will take advantage of those occurrences. Martingale seems to be a pretty bad strategy when this happens. It’s also nerve-wracking and dangerous for your blood pressure. We will use exactly the opposite of the Martingale approach. With Martingale, you make a profit of only 1 unit profit at a time with the risk of escalating losses. With Winning Parlays you will risk only 1 unit at a time with escalating winnings. You can apply the concept of reverse strategies every time you see that something is not working too well for you, and for every mediocre strategy, there is usually a reverse one, which will work much better.

This system is appropriate for any even-money betting. Red, Black, Even, Odd, High, Low at Roulette; Pass, Don’t Pass line bets at Craps; or Banker, Player at Baccarat.

Your unit value can be as low as the table minimum or any value you feel comfortable with depending on your budget. A bankroll of 50 units should be sufficient to play and win with this system. You must have guessed already, if you are going to bet only 1 unit and want your winnings to escalate to 2, 4, 8, 16, 32, 64, etc, (the opposite of the losses generated by the Martingale system), you must use some kind of parlay. That means leaving your winnings on the table so they can multiply with repeating wins. The question then becomes how do you decide where to bet and how long do you leave your profits on the table? At what stage do you cash them?

Winning Parlays will make all those decisions for you. Your bets will be automatically placed on the winning even-money decisions. If, for instance, Red happened to be repeating for more than say 4, 5, 6 times (and more), etc., that’s where you will find yourself betting. If you happen to play simultaneously on Red-Black, Even-Odd, and High-Low areas, again your bets will be placed on the repeating ones when you play this system. In this case, you will then need 3 units per bet, of course, one unit for Red or Black, one unit for Even or Odd, and one unit for Low or High. We will see later on how we can deploy this system to multiple areas simultaneously.

Before I fully explain the system, let’s talk first about its concepts. Suppose you come to a Roulette table and you place a $10 chip on Red. If Red comes and you win, say instead of collecting your $20, you leave the $20 on the table and repeat your bet on Red. Say, Red comes up again. Now you have $40 on the table. You re-bet the $40 and Red repeats once more. Now you have $80 on the table. It’s a tough decision, should you remove your $80 worth of chips or leave them on Red? Say, you leave them on the table. Red comes up again. Now you have $160. You tell yourself, enough. You grab your $160 and you don’t bet this time. You see Red comes up again.

You’re a bit upset as you could have gotten $320, instead of $160. On the other hand, you’re happy, since you converted a $10 chip into $160 profiting $150 on this run. What you have done was parlayed your $10 four times before you collected your winnings.

A similar scenario could have been the following. You bet a $10 chip on Red. Red comes, and you leave $20 on the table. Red comes again, you leave $40 on the table. Now Black appears and you lose it all. This was a run of 3 bets before you lost $40, but you have lost only $10 of the money you came to the table with. Still, you’re upset because you could have cashed $40, but you didn’t.

If you observe hundreds of spins, you will see that Red or Black will repeat either twice, or 3 times, or 4, 5, 6, 7, etc. over the long run. Of course, the lower number of repetitions will occur more frequently. That means, Red, for instance, will repeat 3 times much more often than Red repeating say 6 or 7 times. If you decide not to cash your winnings until Red repeats 6 times, it will happen much less often, but when it does you will cash much more money. So, it
becomes a matter of deciding how many times you hope Red will repeat before you grab your winnings. This is a decision you will have to make upfront before you start using the system. If you make up your mind beforehand, you will avoid much emotional turmoil during the session.

Once you understand how the system works I will show you simulations of what would have happened if you had cashed your winnings after having waited for 3,4, 5, 6, and 7 times. Hopefully, that will help you in deciding how many same decisions to repeat to collect your winnings.

We also have another question in mind. What do you bet on? Red or Black? Player or Banker? Pass or Don’t Pass?
As I promised, this will be determined by the system automatically. You will see.

Let’s now come to the essence of the system. The first thing you need to do is to decide on the number of times you will wait in the parlay before you grab your winnings. Once that decision is made, stick to it! Just for the sake of learning the system, let’s say you will wait 4 times. That means you will not cash until you can collect 16 units. (15 units profit and your 1-unit initial bet.)

You now come to the Roulette table and see that the last decision was Black. You will place your 1-unit chip in the same color, Black. If Black repeats you win, but you don’t cash your 2 units, you leave them on the table without adding more chips. If Red comes up, you lose your chip. If you lose your chip, you bet 1 chip on the same color that just came up. Now, if Red comes again, you leave your 2 chips on the table to multiply.

As you can see, you are following the color, which is repeating. If in the above sequence, either Red or Black would repeat more than once, that’s where you would actually find yourself betting. The fifth consecutive time either Red or Black shows up you grab your 16 chips and do not bet until the color changes. Why fifth and not fourth? Because the first appearance is the bet that makes you decide what to bet on, and the subsequent consecutive appearances are the repetitions. You may see Red or Black repeating even more than 5 times, but as your decision was set up front to cash after 4 winnings (or 5 repeats), this is where you stand and you don’t bet your chip until Red turns to Black or vice versa.

A zero or double zero showing up in the middle of the run will, of course, terminate that run, making you lose your chip. You won’t bet until the next color, Red or Black shows up, which will most likely be after the very next spin unless multiple zeros happen to come up one after another. In which case you will bet your chip on the color that shows up after the zero or zeros.

Let us now observe a simulation of 200 spins in Table 1 below, where we set up front to wait for 4 consecutive wins, or 5 repetitions of the same color, before we collect our winnings. Our unit chip value is $10.

Winning Parlay Part 2

Table 1


SequenceN_SpinR/BBet on B/RWin/LoseWin StreakBetCashNet
128BNo Bet
223RBL0$10-$10-$10
336RRW1$10-$10-$20
40GRL0$0$0-$20
51RNo Bet0$0$0-$20
626BRL0$10-$10-$30
731BBW1$10-$10-$40
815BBW2$0$0-$40
911BBW3$0$0-$40
1032RBL0$0$0-$40
119RRW1$10-$10-$50
1230RRW2$0$0-$50
1319RRW3$0$0-$50
1430RrW4$0$160$110
1512RNo Bet5$0$0$110
163RNo Bet6$0$0$110
179RNo Bet7$0$0$110
182BNo Bet0$0$0$110
1926BBW1$10-$10$100
2020BBW2$0$0$100
2126BBW3$0$0$100
2231BBW4$0$160$260
2326BNo Bet5$0$0$260
2418RNo Bet0$0$0$260
2515BRL0$10-$10$250
268BBW1$10-$10$240
2715BBW2$0$0$240
281RBL0$0$0$240
2936RRW1$10-$10$230
3030RRW2$0$0$230
3126BRL0$0$0$230
3218RBL0$10-$10$220
3322BRL0$10-$10$210
341RBL0$10-$10$200
3528BRL0$10-$10$190
3633BBW1$10-$10$180
3700GBL0$0$0$180
3814RNo Bet0$0$0$180
3919RRW1$10-$10$170
407RRW2$0$0$170
417RRW3$0$1$170
4230RRW4$0$160$330
435RNo Bet5$0$0$330
445RNo Bet6$0$0$330
4517BRL0$0$0$330
4622BBW1$10-$10$320
472BBW2$0$0$320
4832RBL0$0$0$320
4927RRW1$10-$10$310
507RRW2$0$0$310
5127RRW3$0$0$310
5226BRL0$0$0$310
5312RBL0$10-$10$300
541RRW1$10-$10$290
550GRL0$0$0$290
5622BNo Bet0$0$0$290
570GBL0$10-$10$280
587RNo Bet0$0$0$280
596BRL0$10-$10$270
607RBL0$10-$10$260
6124BRL0$10-$10$250
6219RBL0$10-$10$240
6334RRW1$10-$10$230
640GRL1$10-$10$230
658BNo Bet0$0$0$230
6631BBW1$10-$10$220
671RBL0$0$0$220
6820BRL0$10-$10$210
6921RBL0$10-$10$200
7023RRW1$10-$10$190
710GRL0$0$0$190
7233BNo bet0$0$0$190
7311BBW1$10-$10$180
7413BBW2$0$0$180
7528BBW3$0$0$180
764BBW4$0$160$340
777RBL0$0$0$340
7815BRL0$10-$10$330
7936RBL0$10-$10$320
8032RRW1$10-$10$310
8124BRL0$0$0$310
8214RBL0$10-$10$300
8315BRL0$10-$10$290
8433BBW1$10-$10$280
8518RBL0$0$0$280
8620BRL0$10-$10$270
8727RBL0$10-$10$260
8818RRW1$10-$10$250
8923RRW2$0$0$250
9024BRL0$0$0$250
913RBL0$10-$10$240
924BRL0$10-$10$230
9313BBW1$10-$10$220
946BBW2$0$0$220
9512RBL0$0$0$220
9623RRW1$10-$10$210
978BRL0$0$0$210
9817BBW1$10-$10$200
999RBL0$0$0$200
1002BRL0$10-$10$190
10111BBW1$10-$10$180
10220BBW2$0$0$180
1034BBW3$0$0$180
1048BBW4$0$160$340
10527RNo bet0$0$0$340
1065RRW1$10-$10$330
10723RRW2$0$0$330
10818RRW3$0$0$330
10918RRW4$0$160$490
11011BNo bet0$0$0$490
11126BBW1$10-$10$480
11216RBL0$0$0$480
11314RRW1$10-$10$470
11425RRW2$0$0$470
11534RRW3$0$0$470
11629BRL0$0$0$470
11724BBW1$10-$10$460
11832RBL0$0$0$460
11915BRL0$10-$10$450
12035BBW1$10-$10$440
12131BBW2$0$0$440
1225RBL0$0$0$440
12322BRL0$10-$10$430
12432RBL0$10-$10$420
12500GRL0$10-$10$410
12622BNo bet$0$0$410
1278BBW1$10-$10$400
12830RBL0$0$0$400
12919RRW1$10-$10$390
13023RRW2$0$0$390
13125RRW3$0$0$390
1328BRL0$0$0$390
13320BBW1$10-$10$380
13415BBW2$0$0$380
13513BBW3$0$0$380
13629BBW4$0$160$540
13713BNo bet5$0$0$540
1381RBL0$0$0$540
13913BRL0$10-$10$530
1407RBL0$10-$10$520
14100GRL0$10-$10$510
14210BNo bet0$0$0$510
1437RBL0$10-$10$500
1440GRL0$10-$10$490
14500GNo bet0$0$0$490
14634RNo bet0$0$0$490
14731BRL0$10-$10$480
14834RBL0$10-$10$470
1490GRL0$10-$10$460
15031BNo bet0$0$0$460
15113BBW1$10-$10$450
15233BBW2$0$0$450
1536BBW3$0$0$450
15410BBW4$0$160$610
15527RNo bet0$0$0$610
15627RRW1$10-$10$600
15700GRL0$0$0$600
1584BNo Bet$0$0$600
1593RBL0$10-$10$590
16033BRL0$10-$10$580
16118RBL0$10-$10$570
1622BRL0$10-$10$560
16317BBW1$10-$10$550
16434RBL0$0$0$550
16500GRL0$10-$10$540
16600GNo bet0$0$0$540
16727RNo bet0$0$0$540
16824BRL0$10-$10$530
16918RBL0$10-$10$520
17031BRL0$10-$10$510
17131BBW1$10-$10$500
17200GBL0$0$0$500
17335BNo bet0$0$0$500
17411BBW1$10-$10$490
17527RBL0$0$0$490
17625RRW1$10-$10$480
17715BRL0$0$0$480
17833BBW1$10-$10$470
1793RBL0$0$0$470
18028BRL0$10-$10$460
18119RBL0$10-$10$450
18223RRW1$10-$10$440
18325RRW2$0$0$440
1841RRW3$0$0$440
18535BRL0$0$0$440
18610BBW1$10-$10$430
18721RBL0$0$0$430
18820BRL0$10-$10$420
18928BBW1$10-$10$410
19027RBL0$0$0$410
1917RRW1$10-$10$400
19200GRL0$0$0$400
19311BNo bet0$0$0$400
1943RBL0$10-$10$390
1953Rrw1$10-$10$380
19613BRL0$0$0$380
19730RBL0$10-$10$370
19800GRL0$10-$10$360
1999RNo bet0$0$0$360
2009RRW1$10-$10$350

 

Winning Parlay Part 3

Let’s look at Table 1 and see how the system works.

We set the number to take your winnings from the table to 4. That means if either Black or Red repeats 5 times, your Winning Streak number will reach 4, where you remove your winnings. Otherwise, you leave them on the table. This term “leaving on the table” refers of course to land casinos. On online casinos, you would just be betting your winnings again on the same color without adding any additional units on top of your initial chip. That means if your color wins, you take your chips and the profit and bet on the same color the amount that you won until you accumulate 16 chips. Then you reduce it back to one chip again, based on the rules of the system.

We’re looking at the above Table 1, and let’s assume that we are playing in a real casino, for now.

You come to the Roulette table, and you see in sequence 1 that the last decision was number 28, Black. So you place one $10 chip on Black as indicated in sequence 2 with “B” under column Bet Black or Red. Number 23 shows up, which is Red and you lose your chip. Your net profit is -$10 as indicated in column Net.

Since you lost your chip, it can’t multiply, so you need to place a new $10 chip on the last color that showed up, which is Red, as indicated by “R” in sequence 3.

Number 36 appears, which is a Red, you win, but you don’t take your chips. That’s why the Cash column shows a -$10 despite the fact that you won that bet. You leave your 2 chips on the table on Red again.

The ball lands on zero in sequence 4, as indicated by “G” (for Green). That interrupts and terminates your winning sequence.
Your two chips are gone and your net profit is at -$20.

Since a zero came, you don’t place any chips on your next bet in sequence 5. You wait until the color is established. Number 1, Red comes up. So you bet 1 chip on Red in sequence 6. Number 26, Black comes up. You lose your chip. Your net is down to -$30.

Since you lost your chip and Black came, you bet 1 chip on Black in sequence 7. Your net is present -$40. Number 31, Black comes up, you win and you leave your two $10 chips on the table.

In sequence 8, Black comes again. You win and you leave your 4 chips on the table Black.

In sequence 9, Black repeats again. You win and you leave your 8 chips on the table. Remember you don’t touch your chips until they become 16. In sequence 10, Red is rolled. You lose your 8 chips that accumulated so far. But you haven’t really lost more than the one $10 chip that started the escalation in sequence 7, you haven’t placed any additional chips since. So, those were 4 sequences in the run, but only 1 chip was lost. It’s painful to see $80 disappearing in front of your eyes, but those are the rules. Patience will pay off.

Let us assume you haven’t broken the rules and that you are willing to go on playing as you determined at the start, you will wait for 4 consecutive wins. Since you lost in sequence 10 and Red showed up, now you place a $10 chip on Red in sequence 11. Your net profit shows -$50. Number 9, Red comes up. You win. You leave your 2 chips on the table.

In sequence 12, Red shows up again. You win. You leave your 4 chips on the table.

In sequence 13, it’s Red again. You win. You leave your 8 chips on the table. In sequence 14, what you’ve been hoping for happens. Red repeats for the 5th time. You have won four times in a row. You have 16 X $10 chips in front of you and you grab them. Your net profit goes from -$50 to +$110. Patience did pay off. It was going to happen sooner or later. It is not unusual for 5 consecutive same-decisions to happen.

In our simulation, Red comes up 8 times in a row between sequences 10 to 17. That is something interesting to note. Since you have set your winning grab time to 4 and you have already grabbed your 16 chips, you don’t place any until Red is replaced by Black. This is where you have mixed feelings again. Red has shown up 8 times. You say to yourself, you could have cashed $1280 on a run of 7 consecutive Reds, instead of $160, but you decided at the outset you were going to take your money after a run of 4 wins. Realize that setting this number to 7 will make you lose all the opportunities of grabbing your winnings at the 4th, 5th, and 6th times, which will occur more often than 8 repeats or 7 consecutive wins.

There is a tradeoff we need to accept: wait longer to win more, but lose a few units in the meantime by the time the 7th winnings happen, or grab your winnings more frequently at smaller profits. Once you see all the upcoming simulations, you will be able to make the decision that’s right for you. If we go on observing Table 1, we grab our $160 at sequence 14 and since we were betting on Red, we don’t bet until Black comes up. And this happens in sequence 18.

So, in sequence 19, we place 1 $10 chip again on Black. This time Black comes up 5 times in a row and we keep betting on Black as long as it doesn’t change to Red. We cash another $160 or 16 X $10 chips in sequence 22.

Black shows up one more time, but we have placed no bets in sequence 23, as Black has not been replaced by Red yet.

In sequence 24, Red is rolled. Therefore we place one chip in Red in sequence 25.

You can follow the rest of the table and observe the way we bet. You always place one chip on the previous color, and one spin after the color changes. If the color repeats, you leave your chips on the table, until you win 4 times in a row. If the color changes, you place a chip on the new color. If a zero comes up, you don’t make a bet, you wait for the next color to come up. Then you place one chip on that color. And so on.

As you can see, whichever color is the repeating one, you end up betting on that one, based on the rules of the system. That way you don’t miss any color, should it repeat more than once.

The peak profit reached in Table 1 was 61 units of $610 and it occurred in sequence 154. Different runs of this simulation will produce different results with different peaks. You should always make sure to quit at a point when you are well ahead. One good strategy is to quit once the profit is reduced to half of your highest total. So in Table 1, since the peak profit was at $610, it’s recommended that you quit while you are still ahead by half of this amount, +$305. In Table 1 that doesn’t happen until sequence 200, but it has a tendency to go in that direction.

Or, another strategy is to quit if you are $100 below that peak, at about $510, which happens at sequence 170.

If you can manage it, you can play this method simultaneously in three different areas: on Black/Red and on Even/Odd, and on High/Low, using the exact same system as above. If you are betting on Even/Odd for instance, then you place one chip on Even if the previous number was Even. If you are betting on High/Low at the same time, you place one chip on Low if the previous number was 18 or lower. Then follow exactly the same pattern as for Red/Black discussed above. When you play in 3 different areas simultaneously, you are of course betting three $10 chips at the start, then you either bet or don’t bet depending on whether Even/Odd or High/Low repeats or not. So you don’t always have 3 chips on the table. It will depend on the various repetition patterns of Red/Black, Even/Odd, and High/Low.

As stated before, this system can be used for Baccarat and Craps. In Baccarat you would place your bet on Player for instance, and if you win you would place your bet plus your winnings on Player until Player wins 4 times in a row. When Banker wins, you would switch to Banker.

Likewise in Craps; you place a bet on the Pass Line for instance. And if you win, you would place your bet plus your winnings on the Pass Line again until Pass repeats 4 times. If Pass doesn’t repeat, you will switch to Don’t Pass and follow the same pattern.

Now, let’s observe some simulations where we follow the same rules, but values for repeat times have been set differently. Table 2 below is set for 3, that is, you collect your winnings when a color is repeated 4 times, meaning you have won 3 times in a row.

Winning Parlay Part 4

SequenceNumberRed/Black BetBlack or RedWin/LoseWin StreakBetCashNet
13R
225RRW1$10-$10-$10
31RRW2$0$0-$10
411BRL0$0$0-$10
522BBW1$10-$10-$20
629BBW2$0$0-$20
710BBW3$0$80$60
826BNo Bet4$0$0$60
928BNo Bet5$0$0$60
1026BNo Bet6$0$0$60
1119RNo Bet0$0$0$60
1225RRW1$10-$10$50
1320RRL0$0$0$50
1425BBL0$10-$10$40
1521RRW1$10-$10$30
1616RRW2$0$0$30
1712RRW3$0$80$110
1832RNo bet4$0$0$110
197RNo Bet5$0$0$110
2010BNo Bet0$0$0$110
2123RBL0$10-$10$100
2211BRL0$10-$10$90
238BBW1$10-$10$80
248BBW2$0$0$80
255RBL0$0$0$80
2635BRL0$10-$10$70
273RBL0$10-$10$60
2835BRL0$10-$10$50
293RBL0$10-$10$40
3000GRL0$10-$10$30
3128BNo Bet0$0$0$30
3218RBL0$10-$10$20
3336RRW1$10-$10$10
3422BRL0$0$0$10
354BBW1$10-$10$0
3621RBL0$0$0$0
3719RRW1$10-$10-$10
3813BRL0$0$0-$10
3917BBW1$10-$10-$20
4026BBW2$0$0-$20
4127RBL0$0$0-$20
423RRW1$10-$10-$30
4310BRL0$0$0-$30
444BBW1$10-$10-$40
4500GBL0$0$0-$40
4626BNo Bet0$0$0-$40
4710BBW1$10-$10-$50
4821RBL0$0$0-$50
491RRW1$10-$10-$60
5031BRL0$0$0-$60
517RBL0$10-$10-$70
5234RRW1$10-$10-$80
538BRL0$0$0-$80
549RBL0$10-$10-$90
553RRW1$10-$10-$100
5620BBL0$0$0-$100
5711BBW1$10-$10-$110
5820BBW2$0$0-$110
5930RRL0$0$0-$110
6025RRW1$10-$10-$120
6112RRW2$0$0-$120
625RRW3$0$80-$40
6331BNo Bet0$0$0-$40
6418RBL0$10-$10-$50
6529BRL0$10-$10-$60
6636RBL0$10-$10-$70
671RRW1$10-$10-$80
6821RRW2$0$0-$80
6926BRL0$0$0-$80
7011BBW1$10-$10-$90
7110BBW2$0$0-$90
723RBL0$0$0-$90
7332RRW1$10-$10$-100
7434RRW2$0$0-$100
7529BRL0$0$0-$100
7610BBW1$10-$10-$110
7732RBL0$0$0-$110
7821RRW1$10-$10-$120
796BRL0$0$0-$120
8014RBL0$10-$10-$130
815RBW1$10-$10-$140
8211BRL0$0$0-$140
8316RBL0$10-$10-$150
841RRW1$10-$10-$160
8530RRW1$0$0-$160
8627RRW1$0$80-$80
8711BNo Bet0$0$0-$80
880GBL0$10-$10-$90
8931BNo Bet0$0$0-$90
9011BBW1$10-$10-$100
9127RBL0$0$0-$100
923RRW1$10-$10-$110
9319RRW2$0$0-$110
9416RRW3$0$80-$30
952BNo Bet0$0$0-$30
964BBW1$10-$10-$40
9718RBL0$0$0-$40
9828BRL0$10-$10-$50
9932RBL0$10-$10-$60
10024BRL0$10-$10-$70
10119RBL0$10-$10-$80
10221RRW1$10-$10-$90
10327RRW2$0$0-$90
10432RRW3$0$80-$10
10530RNo Bet4$0$0-$10
10631BNo Bet0$0$0-$10
10715BBW1$10-$10-$20
10828BBW2$0$0-$20
1093RBL0$0$0-$20
1100GRL0$10-$10-$30
11136RNo Bet$0$0-$30
11232RRW1$10-$10-$40
11319RRW2$0$0-$40
1149RRW3$0$80$40
11532RNo Bet4$0$0$40
11632RNo Bet5$0$0$40
11719RNo Bet6$0$0$40
11826BNo Bet0$0$0$40
1193RBL0$10-$10$30
12035BRL0$10-$10$20
12119RRL0$10-$10$10
12229BRL0$10-$10$0
12335BBW1$10-$10-$10
12424BBW2$0$0-$10
12516RBL0$0$0-$10
12633BRL0$10-$10-$20
12725RBL0$10-$10-$30
12834RRW1$10-$10-$40
12924BRW2$0$0-$40
1309RBW3$10-$10-$50
13117BRL0$10-$10-$60
13221RBL0$10-$10-$70
1332BRL0$10-$10-$80
13416RBL0$10-$10-$90
13521RRW1$10-$10-$100
13634RRW2$0$0-$100
13718RRW3$0$80-$20
13834RNo Bet4$0$0-$20
13917BNo Bet0$0$0-$20
14013BBW1$10-$10-$30
14115BBW2$0$0-$30
14224BBW3$0$80$50
1436BNo Bet4$0$0$50
14418RNo Bet0$0$0$50
1457RRW1$10-$10$40
14621RRW2$0$0$40
14725RRW3$0$80$120
14800GNo Bet0$0$0$120
1498BNo Bet0$0$0$120
15016RBL0$10-$10$110
15121RRW1$10-$10$100
15230RRW2$0$0$100
1534BRL0$0$0$100
15422BBW1$10-$10$90
15510BBW2$0$0$90
1565RBL0$0$0$90
15720BRL0$10-$10$80
15813BBW1$10-$10$70
15929BBW2$0$0$70
16026BBW3$0$80$150
16132RNo Bet0$0$0$150
1626BRL0$10-$10$140
1630GBL0$10-$10$130
16413BNo Bet0$0$0$130
16525RBL0$10-$10$120
16611BRL0$10-$10$110
1678BBW1$10-$10$100
16831BBW2$0$0$100
1691RBL0$0$0$100
17016RRW1$10-$10$90
17125RRW2$0$0$90
17223RRW3$0$80$170
17314RNo Bet4$0$0$170
1743RNo Bet5$0$0$170
1751RNo Bet6$0$0$170
17626BNo Bet0$0$0$170
1773RBL0$10-$10$160
1787RRW1$10-$10$150
17921RRW2$0$0$150
1809RRW3$0$80$230
18120BNo Bet0$0$0$230
18219RBL0$10-$10$220
1839RRW1$10-$10$210
1846BRL0$0$0$210
18516RBL0$10-$10$200
1861RRW1$10-$10$190
18715BRL0$0$0$190
18800GBL0$10-$10$180
18915BNo Bet0$0$0$180
19036RBL0$10-$10$170
19115BRL0$10-$10$160
19226BBW1$10-$10$150
19313BBW2$0$0$150
1947RBL0$0$0$150
19516RRW1$10-$10$140
19631BRL0$0$0$140
19731BBW1$10-$10$130
19834RBL0$0$0$130
19923RRW1$10-$10$120
20030RRW2$0$0$120

 

Winning Parlet Part 5

As you can see, this time we are cashing our winnings when the color has repeated 4 times, or when we have won 3 consecutive times. In Table 2, the first collection of winnings occurs in sequence 7, giving us a boost to our profit of +$60. This was due to the color Black repeating 4 times. It actually goes on repeating up to 6 times. But we were to stop at 3 winnings according to our initial decision. During those additional times that Black shows up, we don’t place any bets, until Black is replaced by Red in sequence 11. So, in sequence 12, we place our chip on the Red. Red wins once as it repeats. But then Black shows up and we lose our chip. As Red returns in sequence 14, we place our chip on Red in sequence 15. This time it does repeat 4 times and we collect the 8 chips from the table in sequence 17. This brings our overall profit to +$110 from $30. Then we encounter a long losing streak all the way to sequence 59, lowering our net to minus $120 before the next 3 consecutive winnings at sequences
60-62.

Our bankroll becomes as low as -$160 in sequence 84. And it takes another 40 sequences before it goes to the positive side again. Then it goes down again to minus $100 at sequence 135. Then we encounter a few winning streaks, which brings our profits up to a peak of $230 in sequence 181.

Those up-and-down fluctuations are normal in this type of betting, as you are waiting for 3 consecutive winnings before you make a substantial profit of $70. Wait until you witness the simulation for 6 consecutive winnings, the wait time will be much longer and the bankroll required will be much higher, despite the fact that you are betting 1 chip at a time. It becomes similar to a slot machine strategy, where you keep betting one coin until you hit the jackpot. Except that in Roulette, this jackpot is likelier to occur than in slots, as 7, 8, or 9 repeats of the same color happen often enough. Imagine 7 repeats will give you 128 chips with a profit of $1270 ($1280-$10). 8 repeats will give you 256 chips, with a profit of $2560. Say if this occurs within 150 spins, it may be worthwhile to invest $1500 to gain $2560.

In any event, you can see the benefits of multiplying profits with an investment of only 1 chip at a time, the exact opposite
of a Martingale system, where you only win 1 chip by investing 128, 256, or 512 chips if the progression doesn’t end. The other benefit of Winning Parlays is that you can quit anytime you like, without interrupting any progression. At Martingale you feel you need to go on to gain that unit and if you interrupt the progression you are facing unrecoverable losses.

Coming back to Table 2 above, winning 3 times consecutively occurs more frequently than winning 4 times consecutively.
However, the profit is reduced to $80-$10=$70 instead of $150. In Table 1, winning 4 times in a row happened 7 times, where we profited 15 chips every time (winnings amounting to $150 X 7 =$1050). In Table 2, winning 3 times in a row happened 13 times, where we profited 7 chips every time (winnings amounting to $70 X 13 = $910). So you can start to draw some conclusions.

Our next simulation in Table 3 below will show what happens if we wait for 6 repeats or 5 consecutive winnings.

Table 3

SequenceNumberRed/Black BetBlack or RedWin/LoseWin StreakBetCashNet
110B
29RBL0$10-$10-$10
300GRL0$10-$10-$20
425RNo Bet0$0$0-$20
56BRL0$10-$10-$30
624BBW1$10-$10-$40
77RBL0$0$0-$40
815BRL0$10$0-$40
920BBW1$10-$10-$60
1015BBW2$0$0-$60
1129BBW3$0$0-$60
1214RBL0$0$0-$60
138BRL0$10-$10-$70
1417BBW1$10-$10-$80
1518RBL0$0$0-$80
165RRW1$10-$10-$90
1721RRW2$0$0-$90
1829BRL0$0$0-$90
1922BBW1$10-$10-$100
2035BBW2$0$0-$100
2122BBW3$0$0-$100
2217BBW4$0$0-$100
232BBW5$0$320$220
246BNo Bet6$0$0$220
2532RBL0$0$0$220
260GRL0$10-$10$210
2732RNo BetL0$0$0$210
2819RRW1$10-$10$200
2932RRW2$0$0$200
3023RRW3$0$0$200
3119RRW4$0$0$200
3214RRW5$0$320$520
3317BNo Bet0$0$0$520
3415BBW1$10-$10$510
356BBW2$0$0$510
367RBL0$0$0$510
3733BRL0$10-$10$500
3812RBL0$10-$10$490
398BRL0$10-$10$480
407RBL0$10-$10$470
4100GRL0$10-$10$460
4232RNo Bet0$0$0$460
4327RRW1$10-$10$450
4418RRW2$0$0$450
4534RRW2$0$0$450
4613BRL0$0$0$450
479RBL0$10-$10$440
485RRW1$10-$10$430
4916RRW2$0$0$430
5010BRL0$0$0$430
5136RBL0$10-$10$420
5200GRL0$10-$10$410
5321RNo Bet0$0$0$410
5431BRL0$10-$10$400
5532RBL0$10-$10$390
5620BRL0$10-$10$380
5733BBW1$10-$10$370
5811BBW2$0$0$370
5931BBW3$0$0$370
6029BBW4$0$0$370
6131BBW5$0$320$690
6220BNo Bet6$0$0$690
6312RBL0$0$0$690
648BRL0$10-$10$680
6516RBL0$10-$10$670
6624BRL0$10-$10$660
676BBW1$10-$10$650
680GBL0$0$0$650
6916RNo Bet0$0$0$650
7013BRL0$10-$10$640
713RBL0$10-$10$630
7227RRW1$10-$10$620
7320BRL0$0$0$620
7410BBW1$10-$10$610
7523RBL0$0$0$610
768BRL0$10-$10$600
777RBL0$10-$10$590
7824BRL0$10-$10$580
795RBL0$10-$10$570
8025RRW1$10-$10$560
8116RRW2$0$0$560
822BRL0$0$0$560
8330RBL0$10-$10$550
8417BRL0$10-$10$540
8511BBW1$10-$10$530
8613BBW2$0$0$530
876BBW3$0$0$530
8824BBW4$0$0$530
896BBW5$0$320$850
9019RNo Bet0$0$0$850
915RRW1$10-$10$840
924BRL0$0$0$840
9320BBW1$10-$10$830
943RBL0$0$0$830
958BRL0$10-$10$820
9634RBL0$10-$10$810
970GRL0$10-$10$800
9831BNo Bet0$0$0$800
9910BBW1$10-$10$790
10013BBW2$0$0$790
10115BBW3$0$0$790
1023RBL0$0$0$790
10316RRW1$10-$10$780
10432RRW2$0$0$780
10535BRL0$0$0$780
10619RBL0$10-$10$770
1076BRL0$10-$10$760
10824BBW1$10-$10$750
1097RBL0$0$0$750
1102BRL0$10-$10$740
1112BBW1$10-$10$730
11218RBL0$0$0$730
11300GRL0$10-$10$720
11414RNo Bet0$0$0$720
11535BRL0$10-$10$710
11625RBL0$10-$10$700
1171RRW1$10-$10$690
1186BRL0$0$0$690
11917BBW1$10-$10$680
12023RBL0$0$0$680
12114RRW1$10-$10$670
1221RRW2$0$0$670
1230GRL0$0$0$670
12434RNo Bet0$0$0$670
12531BRL0$10-$10$660
12631BBW1$10-$10$650
12718RBL0$0$0$650
12818RRW1$10-$10$640
12917BRL0$0$0$640
13021RBL0$10-$10$630
13118RRW1$10-$10$620
13217BRL0$0$0$620
13324BBW1$10-$10$610
13426BBW2$0$0$610
13500GBL0$0$0$610
13625RNo Bet0$0$0$610
1377RRW1$10-$10$600
13825RRW2$0$0$600
1394BRL0$0$0$600
14030RBL0$10-$10$590
14123RRW1$10-$10$580
1423RRW2$0$0$580
14320BRL0$0$0$580
14425RBL0$10-$10$570
14517BRL0$10-$10$560
1467RBL0$10-$10$550
14711BRL0$10-$10$540
14829BBW1$10-$10$530
14915BBW2$0$0$530
15012RBL0$0$0$530
15115BRL0$10-$10$520
15224BBW1$10-$10$510
15310BBW2$0$0$510
15413BBW3$0$0$510
15524BBW4$0$0$510
1568BBW5$0$320$830
15722BNo Bet6$0$0$830
1587RBL0$0$$830
15931BRL0$10-$10$820
16016RBL0$10-$10$810
16124BRL0$10-$10$800
16200GBL0$10-$10$790
16320BNo BetL0$0$0$790
16414RBL0$10-$10$780
16521RRW1$10-$10$770
16632RRW2$0$0$770
16736RRW3$0$0$770
16825RRW4$0$0$770
16910BRL0$0$0$770
17029BBW1$10-$10$760
1711RBL0$0$0$760
17218RRW1$10-$10$750
17314RRW2$0$0$750
17422BRL0$0$0$750
1751RBL0$10-$10$740
17629BRL0$10-$10$730
17716RBL0$10-$10$720
17814RRW1$10-$10$710
1798BRL0$0$0$710
18022BBW1$10-$10$700
18112RBL0$0$0$700
18232RRW1$10-$10$690
18322BRL0$0$0$690
18423RBL0$10-$10$680
18520BRL0$10-$10$670
18634RBL0$10-$10$660
18732RRW1$10-$10$650
18836RRW2$0$0$650
18916RRW3$0$0$650
1902BRL0$0$0$650
19136RBL0$10-$10$640
19232RRW1$10-$10$630
19328BRL0$0$0$630
19416RBL0$10-$10$620
19534RRW1$10-$10$610
19635BRL0$0$0$610
19720BBW1$10-$10$600
19833BBW2$0$0$600
19926BBW3$0$0$600
2000GBL0$0$0$600

Winning Parlay Part 6

Every time we wait for 6 repeats of the same color or 5 consecutive wins, we gather 32 chips from the table profiting $310 ($320-$10). In Table 3 above, this occurs 5 times at sequences 23, 32, 61, 89, 156. We can deduce that this is happening at a frequency of every 40 spins, on average. If we were betting one $10 chip at every spin, we would be losing $400 before we hit a profit of $320. However, with this system, we are betting one $10 chip every run, which can be every 2, 3, or 4 spin depending on the repeat patterns. That’s why we come out profitable every time.

The observation of Table 3 shows that 6 repeats do happen frequently enough and cashing $310 when it happens is rewarding, despite the temptation of cashing it at 16 chips.

Our next simulation in Table 4 below will show events of 7 repeats or 6 consecutive winnings, that can enable us to cash 64-1=63 chips or $630 at $10 a chip (or unit). This requires much more patience and belief that it will eventually happen. It will happen much less frequently and there are no guarantees that it will happen at all within 2 to 3 hours of play. Observations of many scoreboards show that within one day many tables hit 7 repeats. The question is, are you patient and daring enough to wait for this to happen? If a run of seven repeats doesn’t materialize soon enough, how much are you willing to go down before recovering your money?

Table 4

SequenceNumberRed/Black BetBlack or RedWin/LoseWin StreakBetCashNet
134R
230RRW1$10-$10-$10
324BRL0$0$0-$10
422BBW1$10-$10-$20
50GBL0$0$0-$20
600GNo Bet0$0$0-$20
713BNo Bet0$0$0-$20
836RBL0$10-$10-$30
96BRL0$10-$10-$40
1027RBL0$10-$10-$50
119RRW1$10-$10-$60
1234RRW2$0$0-$60
1326BRL0$0$0-$60
1421RBL0$10-$10-$70
1525RRW1$10-$10-$80
169RRW2$0$0-$80
1721RRW3$0$0-$80
1819RRW4$0$0-$80
1924BRL0$0$0-$80
200GBL0$10-$10-$90
218BNo bet0$0$0-$90
2213BBW1$10-$10-$100
236BBW2$0$0-$100
2419RBL0$0$0-$100
2526BRL0$10-$10-$110
2632RBL0$10-$10-$120
2722BRL0$10-$10-$130
2811BBW1$10-$10-$140
2925RBL0$0$0-$140
309RRW1$10-$10-$150
3112RRW2$0$0-$150
3233BRL0$0$0-$150
3323RBL0$10-$10-$160
3435BRL0$10-$10-$170
3515BBW1$10-$10-$180
3613BBW2$0$0-$180
3732RBL0$0$0-$180
3828BRL0$10-$10-$190
3931BBW1$10-$10-$200
4033BBW2$0$0-$200
4115BBW3$0$0-$200
4223RBL0$0$0-$200
4319RRW1$10-$10-$210
4411BRL0$0$0-$210
4527RBL0$10-$10-$220
468BRL0$10-$10-$230
4710BBW1$10-$10-$240
4810BBW2$0$0-$240
498BBW3$0$0-$240
5031BBW4$0$0-$240
5124BBW5$0$0-$240
524BBW6$0$640$400
5329BNo Bet7$0$0$400
5432RBL0$0$0$400
5514RRW1$10-$10$390
567RRW2$0$0$390
5713BRL0$0$0$390
589RBL0$10-$10$380
5932RRW1$10-$10$370
6029BRL0$0$0$370
6125RBL0$10-$10$360
627RRW1$10-$10$350
638BRL0$0$0$350
647RBL0$10-$10$340
6526BRL0$10-$10$330
6626BBW1$10-$10$320
6728BBW2$0$0$320
6831BBW3$0$0$320
6925RBL0$0$0$320
7013BRL0$10-$10$310
7127RBL0$10-$10$300
7226BRL0$10-$10$290
7318RBL0$10-$10$280
7431BRL0$10-$10$270
750GBL0$10-$10$260
7616RNo Bet0$0$0$260
7721RRW1$10-$10$250
789RRW2$0$0$250
7926BRL0$0$0$250
8021RBL0$10-$10$240
8118RRW1$10-$10$230
8212RRW2$0$0$230
8323RRW3$0$0$230
845RRW4$0$0$230
855RRW5$0$0$230
8610BRL0$0$0$230
8730RBL0$10-$10$220
8836RRW1$10-$10$210
899RRW2$0$0$210
908BRL0$0$0$210
9135BBW1$10-$10$200
920GBL0$0$0$200
9329BNo Bet0$0$0$200
9400GBL0$10-$10$190
958BNo Bet0$0$0$190
9611BBW1$10-$10$180
973RBL0$0$0$180
984BRL0$10-$10$170
9912RBL0$10-$10$160
10013BRL0$10-$10$150
10132RBL0$10-$10$140
10200GRL0$10-$10$130
10314RNo Bet010$0$130
10421RRW1$10-$10$120
10528BRL0$0$0$120
10623RBL0$10-$10$110
10734RRW1$10-$10$100
10821RRW2$0$0$100
1091RRW3$0$0$100
11000GRL0$0$0$100
11122RNo Bet0$0$0$100
1121RBL0$10-$10$90
11320BRL0$10-$10$80
11411BBW1$10-$10$70
1155RBL0$0$0$70
11621RRW1$10-$10$60
1173RRW2$0$0$60
11832RRW3$0$0$60
11930RRW4$0$0$60
12012RRW5$0$0$60
12100GRL0$0$0$60
12200GNo Bet0$0$0$60
12316RNo Bet0$0$0$60
12413BRL0$10-$10$50
12530RBL0$10-$10$40
1265RRW1$10-$10$30
1272BRL0$0$0$30
12836RBL0$10-$10$20
12934RRW1$10-$10$10
1300GRL0$0$0$10
13124BNo Bet0$0$0$10
13212RBL0$10-$10$0
13331BRL0$10-$10-$10
13435BBW1$10-$10-$20
13536RBL0$0$0-$20
13628BRL0$10-$10-$30
13716RBL0$10-$10-$40
1384BRL0$10-$10-$50
13915BBW1$10-$10-$60
14023RBL0$0$0-$60
14131BRL0$10-$10-$70
14211BBW1$10-$10-$80
14330RBL0$0$0-$80
14413BRL0$10-$10-$90
14514RBL0$10-$10-$100
14619RRW1$10-$10-$110
14733BRL0$0$0-$110
14836RBL0$10-$10-$120
1499RRW1$10-$10-$130
15018RRW2$0$0-$130
15136RRW3$0$0-$130
15215BRL0$0$0-$130
15329BBW1$10-$10-$140
1540GBL0$0$0-$140
1559RNo Bet0$0$0-$140
15632RRW1$10-$10-$150
15722BRL0$0$0-$150
1586BBW1$10-$10-$160
15925RBL0$0$0-$160
1600GRL0$10-$10-$170
1611RNo Bet0$0$0-$170
16232RRW1$10-$10-$180
16331BRL0$0$0-$180
16431BRL0$10-$10-$190
1650GBL0$0$0-$190
16600GNo Bet0$0$0-$190
16718RNo Bet0$0$0-$190
1687RRW1$10-$10-$200
1697RRW2$0$0-$200
1709RRW3$0$0-$200
1713RRW4$0$0-$200
1728BRL0$0$0-$200
17316RBL0$10-$10-$210
17422BRL0$10-$10-$220
17523RBL0$10-$10-$230
17632RRW1$10-$10-$240
17722BRL0$0$0-$240
17810BBW1$10-$10-$250
17914RBL0$0$0-$250
1800GRL0$10-$10-$260
18126BNo Bet0$0$0-$260
18222BBW1$10-$10-$270
18331BBW2$0$0-$270
18417BBW3$0$0-$270
18511BBW4$0$0-$270
1866BBW5$0$0-$270
1877RBL0$0$0-$270
18826BRL0$10-$10-$280
18918RBL0$10-$10-$290
1902BRL0$10-$10-$300
19117BBW1$10-$10-$310
1928BBW2$0$0-$310
1934BBW3$0$0-$310
1946BBW4$0$0-$310
19535BBW5$0$0-$310
19614RBL0$0$0-$310
19728BRL0$10-$10-$320
19816RBL0$10-$10-$330
19936RRW1$10-$10-$340
2006BRL0$0$0-$340
20134RBL0$10-$10-$350
2026BRL0$10-$10-$360
20315BBW1$10-$10-$370
2042BBW2$0$0-$370
20533BBW3$0$0-$370
20612RBL0$0$0-$370
2071RRW1$10-$10-$380
20817BRL0$0$0-$380
20919RBL0$10-$10-$390
21028BRL0$10-$10-$400
21128BBW1$10-$10-$410
21236RBL0$0$0-$410
2137RRW1$10-$10-$420
2141RRW2$0$0-$420
21532RRW3$0$0-$420
21616RRW4$0$0-$420
2179RRW5$0$0-$420
21830RRW6$0$640$220
21918RNo Bet7$0$0$220
2201RNo Bet8$0$0$220
22119RNo Bet9$0$0$220
22234RNo Bet10$0$0$220
22326BNo Bet0$0$0$220
2247RBL0$10-$10$210
2250GRL0$10-$10$200

Winning Parlay Part 7

So, the 6 consecutive winnings happened only twice in 225 spins in sequences 52 and 218. Note that I’m showing 25 additional spins to the other tables to show the second occurrence of this 64-chip gathering feast. My simulations run up to 1000. And this happens about 6 times within 1000 spins, not always generating a big profit because of the number of chips that need to be placed bet after bet until a streak of six consecutive wins happens. This requires quite a lot of patience and endurance. My strategy would be to quit the moment you hit that 64 (or rather 63) chip profit that puts you ahead. This happens in sequence 52, where your profit jumps to $400. A very good time to quit.

I will not go into a 7 consecutive winning simulation, as you need to be lucky for it to happen once in 200 spins. When it happens you will be cashing 128 chips or $1270 profit and the sooner it happens the more you would profit. Whether it will ever happen or not is less predictable than 3 or 4 consecutive winnings.

Statistically, seven consecutive same-decisions will happen 4 – 5 times within 1000 spins, but the profits it would generate will strongly depend on how soon they happen. You can take a look at all 4 tables above. You will notice that in Table 1, we had 7 consecutive winnings in sequence 17, and in Table 4, we had 7 consecutive winnings in sequence 53 and 10 consecutive winnings in sequence 222.

My conclusion is it might be best to choose to collect after 4 or 5 consecutive wins. This seems to produce more consistent results. If you are very patient and are willing to wait for 6 consecutive wins, you may do so. Patience may pay off, particularly if you are lucky and your first winning streak occurs soon enough. At the other extreme, if you don’t want to risk a big bankroll and would be happy collecting small wins more frequently, then the 3 consecutive winning level is your best choice. Or you may start with the 3 consecutive winning levels and as your profit grows, you would increase the level to 4, and then to 5.

Money management in this method is self-explanatory as you are risking not more than 1 chip per run. You just quit whenever you feel like it or whenever you have won what you hoped for. Remember the strategy of quitting when your profits decrease by half or by $100 (or 10 units) from their peak. If you don’t get greedy and don’t chase losses you won’t get in trouble playing this system.

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