The Labouchere Strategy is a negative progression betting system for playing online roulette. It involves increasing wagers after losing bets. The main objective for the Labouchere roulette strategy is to enable Aussie online gamblers to recover the losses from losing bets on an online roulette game with a small number of wins. The system is also known by other several names such as the “Cancellation System”, “Split Martingale” and “Cross Out”.
Quick History of the Labouchere Roulette Strategy
The Labouchere roulette method was invented by Henry Labouchere, a keen roulette player born in 1831 (died 1912). The system was developed to be used for specifically the even money bets such as odd or even, or red or black at the roulette tables. More so, Australian players can use the Labouchere Strategy on other casino table games such as baccarat and blackjack. Other gamblers prefer using the Labouchere strategy on sports betting as well.
How to use the Labouchere Strategy in Easy Steps
Now, to get started with the Labouchere online strategy, you will need a pen/pencil and paper. Write down numbers in a sequence – these can be any numbers of your preference.
In this instance let’s take 4, 1, 2 and 3. After you’ve written these numbers down, your next step is to place your bet. Your first bet needs to be the sum of the first and last figures, according to the Labouchere Strategy. In our case then you need to add 4 and 3, which equals 7. This means your first wager will be AU$7.
Casino Australia recommends that you play with even money bets when using this system for online roulette as mentioned earlier. Those bets are odds/even, red/black and also others.
What to do if you win:
If you’ve won your first bet, then your next step is to use the last two numbers on your paper, and cross out the ones that you have already used. We’ve already used 4+3, so this then means we move on to add 1+2, which equals to 3. Your stake is AU$3. The cycle continues that way, and then when your sheet is empty, you can create a new sequence of numbers for your next bets.
What to do if you lose:
If you have experienced defeat on your first bet, that is no train smash or whatsoever. Remember, initially (on our example) our calculations led us to bet AU$7. So, if you didn’t win, that’s the stake amount that’s lost. Now, you need to write it down on your sheet of paper. That’s the number 7. You can write it the beginning; 7, 4, 1, 2, 3 or at the end of your list; 4, 1, 2, 3, 7.
Then proceed to your next bet. The rule is still the same as the initial one. If 7 is at the beginning of your sequence then you will add it with 3, meaning your bet will equal to AU$10 if vice versa, your stake will amount to AU$11. If you win, cancel the two figures you used to bet. If you lose, add the figure (10 or 11) in your sequence. Continue to use this method for all your next bets.
Conclusion: The Labouchere Strategy
Although the Labouchere Strategy is an easy mathematical strategy for online roulette, its main disadvantage is the high risk involved. Your bets get bigger and bigger the more you lose, and therefore you risk losing huge amounts of money in a short time.
However, this can be avoided by splitting the amount of bet if you feel that the bets are somehow becoming too big for your bankroll. Casino Australia advises you to start with smaller betting limits to avoid big loses.