The Parley Betting System, sometimes referred to as Let it Ride, is a positive progression system for online craps. It is not far removed from the Paroli System. This method for playing craps is believed to be one of the oldest. Some gamblers use the Parley method also in bingo and other online gambling games. Read to learn how to use this system for betting online craps.
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Parley System Betting Rules
The rule for the Parley betting system is to simply Let it Ride – hence the name. It is a very basic yet effective strategy which uses what’s called a “profit pyramiding principle”. In simple terms you, the player, needs to try and catch the winning streak. Then your next step is to correct your bets accordingly.
How to use the Parley Betting System
Veterans using the Parley system for betting online craps use the “Thirty One Parley”. This means you need to do first decide on the amount of money that you are willing to take on the craps table. Your next step is to then divide the total amount by 31. This method will help you know how much 1 unit will be. The sequence which you will use to bet is 1-1-1-2-2-4-4-8, meaning the first bet will equals to 1 unit.
The main objective for the Parley System in online gambling games is to get two wins in a row. When luck is on your side then you stand a chance of scoring a massive profit from it.
Parley Betting System Advantages
More so, the Parley betting system for online craps has more advantages. Added to this, online casino players in Australia can expect the following when using this online craps betting method:
- Profit from house money
- Not limits to even money bets
- Minimal decision making
- Small bets equals small losses
The Disadvantages of Using the Parley System
Only a few cons’ are associated the Parley betting system, and these are:
- The risk of betting on bets with higher odds too frequently
- Consecutive wins are not guaranteed – but this is gambling right?
Aussie online gamblers can use the Parley system for betting in a variety of games, as already mentioned. However, if this is not the strategy that you would prefer, then check out the Paroli Betting System.We wish you luck and lots of winnings!