Winning Parlay Part Five

Winning Parlays
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 collecting of winnings occurs at sequence 7, giving us a boost to our profit to +$60. This was due to 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 happens 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. On 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

 


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