Labouchere Betting System Explained

The Labouchere betting system belongs in the negative progression category of systems. As they fall into the same category, the Labouchere and the Martingale systems are similar. But they differ in one important aspect – the Labouchere system doesn’t follow any pattern. The players are free to decide which sequence to follow, as long as they keep in mind that the system was designed to be used on even money bets. This means that the odds of losing are more or less equal to the odds of winning. You can find a plenty of such bets at netbet.ng and other similar betting sites.

 

How Does The Labouchere System Work?

To master the Labouchere, first, you need to set aside an amount of money you're ready to lose because as you begin playing, it is very easy to lose track of the money you're spending. Then, you need to write down a sequence of numbers. This is where things get interesting. Let's say you are comfortable with losing $100 and your bet unit will be $10. Break down that unit into numbers, for instance, 1-2-3-2-1-1.

Now, you can start playing. Add the rightmost and the leftmost numbers of your sequence together and that is what your first bet should be, 2 units, $20. If you win, you cross these numbers from the list and again, add the next leftmost and rightmost numbers together. This time, you’re betting with 3 units, $30 and you cross the numbers from the sequence. Repeat the same thing until you cross all the numbers. After that, if you want to continue playing, you should repeat this all over again.

But, in case you have lost, let say, the second bet of 3 units, do not cross the 1 and the 2 from the list, but add the sum of these two numbers to the rightmost side. So the sequence, in this case, will be 2-3-2-1-3. Continue playing like that until you run out of numbers again.

 

Pros of the Labouchere Betting System

Labouchere is one of the first betting systems ever used in a casino. As you can see, it is quite a flexible betting system where you don’t need to follow a pattern, a formula or a sequence that is predetermined. You come up with your own and you follow it. You can choose to base your sequence on 1s only, like this 1-1-1-1, and you’ll be playing with minimum risk. You may not get a huge profit, but at least you won’t come out of the game as a loser. And finally, you must admit that this system seems pretty exciting, as there are things that you’ve determined.

 

Cons of the Labouchere Betting System

Despite all those benefits you may get from the Labouchere system, there are a few flaws you should not ignore. You should know that this system won’t have an effect on the odds and you’re still prone to losing streaks instead of winning streaks. But then again, most of the casino games are games of luck, and no one can tell you for certain the outcome of the game. Still, this system is worth a try, especially in