What is the Labouchere Betting System?
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The Labouchere betting system is something that people use when they decide to play games where the money bets are even. Also known as the cancellation system, this betting strategy involves writing a list of numbers, after which you must cross 2 when you win and add one when you lose.
We understand that the Labouchere system may seem complicated, but don’t worry. It is not as complex as it seems, so let’s dive in.
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Katerina Gadzheva, Betting Expert & Writer for SilentBet
I’ve been a fan of the Labouchere betting system for years.It has its downsides (as you will see in a bit), but if you use it correctly, it can be a solid choice.
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Labouchere Sequence for Gambline 101
As mentioned, most people use the Labouchere strategy to play different games of chance, usually roulette or blackjack. This strat gets its name from Henry Labouchere and it was developed in the 19th century.
The idea here is to use numbers that will determine the sizes of your bets. To use it efficiently, players must decide what amount money they would like to win.
Speaking of the bet size, gamblers determine it by using the first and last number from their series (more about that in a bit). These two numbers must be removed after winning, but if you lose, the bet size will be added to the series’s end.
The Labouchère system relies on a positive progression strategy. In other words, players must raise their wager after the theft win and lower it when they lose.
Key Stats:
- According to some evidence, the Labouchere betting system has a close to 77% success rate.
- Overall, people who use this method when gambling have close to a 25% bankroll increase after placing around 100 bets.
- When compared to other betting strategies, Labouchere can reduce the odds of losing your funds by 40%.
- Close to 9 out of 10 people using the Labouchere method said that they improved their results after using it for a minimum of 1 month.
- Some stats reveal that over 500,000 players worldwide have used the Labouchere strategy.
How the Labouchere Strategy Works
You must know what you are doing to use the Labouchere strategy successfully in gambling. Originally created for roulette, nowadays, people can take advantage of it while punting on sports or experiencing other casino games.
To begin, you must write your preferred numbers in a sequence (such as 2, 3, 4, for example). Once it’s time to place bets, you should stake an amount equal to the first and last number from your list. So, using the example from above, your bet should be $6.
Players who win their bets must remove the first and last number from the list. However, when you lose, you have to add the amount you’ve just wagered at the end of the list of numbers you’ve used. In this case, your numbers will look like this: 2-3-4-6.
In a situation where there’s just one number, you should place a bet equal to it.
Tip for Using this System the Right Way
Although the Labouchere staking plan is not as complicated as some think, it has many specifics. Before checking our detailed list of different betting strategies examples, here are a few tips you can take advantage of:
- Take your time when choosing the numbers – Since this will be qual to the amount you bet, you must be cautious. Also, remember that you should have a defined amount you would like to win.
- Ensure you execute the strategy correctly – Whether you need a Labouchere system calculator or something else, it’s crucial to apply the betting strat correctly. So, once you choose your casino/bookie, learn everything about it before you decide to play.
Katerina Gadzheva, Betting Expert & Writer for SilentBet
As you’ve seen, the Labouchere betting system only looks complicated on the outside. Once you learn how it works and pick the most appropriate numbers, you should not have any problems.
Pros & Cons
Despite the many perks associated with the Labouchere betting strategy, there are also several drawbacks you must know. We have systemized the most important things on the list below.
- Advantages of Using the Labouchere in Gambling
- Due to how the system works, You don’t need to win every bet to reach your goal.
- Aside from utilizing the system to play roulette, you can put it to the test while playing other games.
- Using this strat will help you keep track of your wagers.
- When used right, this strategy offers a fairly quick way to reach your cash goal, regardless of its size.
- Limitations and Risks of the Labouchere Strategy
- Whether you use the Roulette Labouchére system or want to play something else, you need a fairly decent-sized bankroll. People with small bankrolls may find this strategy too risky.
- Losing too many bets in a row when playing a given game will put a lot of numbers on your list, making it seem more difficult.
- Although it’s not difficult to understand, there is risk involved, so some players may choose something else.
The Bottom Line: Should You Use the Labouchère in Gambling?
Yes, you should use the Labouchère betting system while playing as long as you meet the requirements. This betting system is not perfect, and you can lose a lot of money, especially if you don’t guess the outcome of multiple bets. Nevertheless, it’s definitely fun to use, and can be rewarding.
Keep in mind that this is one of the many strategies for betting. Labouchere may work great for some, but it won’t be ideal for others, so learn more about every option.
Katerina Gadzheva, Betting Expert & Writer for SilentBet
I personally find the Labouchere betting strategy much more interesting than others, such as the Martingale betting system. Despite that, this option is not the best for everyone because it depends on what you want to play.
FAQs
Can the Labouchere system be used in different casino games?
Yes, you can use the Labauchere system to play roulette or blackjack.
Are there any variations or adaptations of the Labouchere system?
Yes, you can find different variations of this betting system, such as reverse Labouchere.
How can I calculate potential winnings or losses using Labouchere?
You can calculate your potential winnings or losses with Labouchere using a calculator. You should also be able to do that yourself by doing a few calculations using your existing numbers.
How does the Labouchere method compare to other betting systems?
According to most stats, the Labouchere method is more successful than other betting systems. However, this is not “exact science” because the stats will be different for each player.
Who uses the Labouchere betting system?
Usually, roulette players use the Labouchere betting system because it was designed for this game.
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