Online Casinos | Betting Systems | Parlay Betting System

Parlay Betting System

The Parlay System is a positive progression betting system. This system is ideal for beginners as it is one of the lowest risk systems as players do not have to have a large bankroll or wager large sums from their bankroll.

Using the parlay betting system is easy, you simply to let your wager ride on winning bets, determining how long to let your wager ride is the main issue of this system. It could get a little frightening on a winning streak but remember you have only wagered your initial bet.

The Martingale System is nearly the opposite of the parlay system as the player is only interested in chasing big wins and not covering loses. The Martingale system is a little more advanced but you attempt to cover all your losses and win big.

Parlay System Example;
You decide to place a $1 wager on the red at the roulette table (an even money bet with a 1-1 payoff - visit Online Roulette for more roulette information).

1. The first spin is red and your wager is doubled to $2, now you let your wager ride hoping for a red win.
2. The second spin is red and your wager is doubled to $4. You can obviously see the gist of the system, deciding on how long you should let your wager ride is the magic question.
3. The third spin is red and your wager is doubled to $8.
4. The fourth spin is red and your wager is doubled to $16, you decide to claim your wager and start over.
5. For a wager of $1 you have won $15.

Overall I quite like the parlay betting system due to the low risk factor and the ease of implementation. I like to use this system at Roxy Palace Casino.

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