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Labouchere betting strategy

 

labusherre-betting

Continuing my series of articles on how to adapt the classic casino game systems to single bets with bookmakers.

The current system that we speak about is the Labouchere System (or Exception System). This is, in fact, the system of financial management at single bets on sporting events in sportsbooks, where 1 win compensates for the 2 previous losses.

Labouchere System for sportsbetting – Principle

The essence of the classical Labouchere system:

- You take a cycle consisting of any range of consecutive numbers (from 1 to…), although they may or not be sequential, and repetitive (1,1,1,6,8…), but I’ll take the sequential series example because it is easier to understand;

- For example, with this sequence: 1,2,3,4,5,6;

- The sum of the numbers in this example is equal to 21, it means the maximum amount of profit / loss, after which we must have completed the cycle;

- Always take the first and last digits in the sequence and sum them;

- In our sequence are the numbers 1 and 6, and then the first bet will be $ 7 (1 + 6);

- If the bet loses, a sequence number is added, which equals to the sum of our lost bets. In this example is 7, and the sequence will now look like this: “1,2,3,4,5,6,7” and the next bet will be $ 8 (1 + 7)…

- If this bet wins, then these numbers will be stricken out from the sequence. Now our sequence will look like: “2,3,4,5” and the next bet will be $ 7 (2 + 5).

- If it remains just a single number in the sequence, then bet will be made in the denomination of this number (for example, the number is 4, then bet will be $ 4), if the bet loses, the next bet will be $ 8 (4 + 4), and if this loses, then it will be 12 (8 + 4) and so on …

- Labouchere system cycle continues, until there is not a single number (or the maximum amount of loss will be exceeded), and then the cycle starts again.

Now, in order to finally understand the principle of the system, let’s look at two versions of events using the system.

Example of bets using the Labouchere System (“optimistic”)

Our sequence will be “1,2,3,4,5,6” (loss limit / maximum profit = $ 21)

- A bet of $ 7 (1 + 6). Lose (current loss is $ 7). Now the sequence will be: “1,2,3,4,5,6,7”;

- A bet of $ 8 (1 + 7). Wins (current profit is $ 1). Now the sequence will be: “-, 2,3,4,5,6, -“;

- A bet of $ 8 (2 + 6). Wins (Current gain is $ 9). Now the sequence will be: “-, -, 3,4,5, -, -“;

- A bet of $ 8 (3 + 5). Lose (current profit is $ 1). Now the sequence will be: “-, -, 3,4,5, -, -, 8″;

- A bet of $ 11 (3 + 8). Wins (current profit is $ 12). Now, the sequence will be: “- – – 4.5 – – -“;

- A bet of $ 9 (4 + 5). Wins (current profit of $ 21). Now, the sequence will be: “-, -, -, -, -, -, -, -“;

- Since there are no numbers left in the sequence, then a new cycle begins with a new sequence.

Example of bets using the Labouchere System (“pessimistic”)

Our sequence will be “1,2,3,4,5,6” (loss limit / maximum profit = $ 21)

- A bet of $ 7 (1 + 6). Gains (current profit is $ 7). Now the sequence will be: “-, 2,3,4,5, -“;

- A bet of $ 7 (2 + 5). Lose (current profit is 0 $). Now the sequence will be: “-, 2,3,4,5, -, 7 ‘;

- A bet of $ 9 (2 + 7). Lose (current loss is $ 9). Now sequence will be: “-, 2,3,4,5, -, 7 – 9″;

- A bet of $ 11 (2 + 9). Gains (current profit is $ 2). Now, the sequence will be: “-, -, 3,4,5, – 7, -, -“;

- A bet of $ 10 (3 + 7). Lose (current loss is $ 8). Now, the sequence will be: “-, -, 3,4,5, – 7, -, -, 10 ‘;

- A bet of $ 13 (3 + 10). Lose (current loss is $ 21). Now, the sequence will be: “-, -, 3,4,5, – 7, -, -, 10, -, -, 13 ‘;

- The level of loss has reached the maximum limit in the current sequence cycle, and then a new cycle begins with the new sequence.

As you can see, this system can bring quite a large income for a small period of time, but only if you can guess more than 50% of all outcomes. But even in this case it is necessary to have a very rather large bankroll that can sustain the addition of a system of numbers greater than 10.