Most casino players are using doubling strategies as their way of making a huge amount of winnings or earn back their losses faster. The disadvantage of this strategy is it easily wipe out the players bankroll in just a few consecutive losses. However, gamblers who want to use the doubling strategy must play wisely. There are a lot of doubling strategies in playing roulette games and one of these “double or nothing” betting strategies is the Martingale system, in which players double their initial wager every losing spin. Another one is the “The Parley Double or Nothing System”, which is similar to the Martingale system.
The Parley system is used in an even stakes wager, if you are betting on a roulette wheel, you can either bet on Red/Black, Hi/Lo and Odd/Even. Players have to choose a side or even stakes wager to bet on and keep doing it. Lets say you are betting on RED, you must stick to it and place your bets according to the system.
There is a maximum betting limitation on the roulette tables in most casinos. They do this to protect their advantage and break any doubling strategies that players are using. This way they prevent losing from a player who uses The Parley system or any other doubling systems. Winning those double bets will allow the player to increase their bankroll drastically.
Whatever your strategy may be, don’t forget that roulette is a game of chance and not skills. There are no guaranteed roulette strategies are proven effective. Bear in mind that you are always taking a big risk of losing a lot of money or vice versa if you are using any of the doubling strategies, in this case the Parley system.
This system can help players boosts their bankrolls but it can easily wipe it out if the luck is not on their side. So use the Parley system wisely and know when to walk away.