How to use the Parlay roulette strategy: A betting guide

Roulette is old. It’s been around for several hundreds of years. Its popularity remains high due to it being a game of chance with lots of fun betting options. Roulette appeals to every gambler but many seek to use a strategy to help them manage their bankroll. One such strategy is the Parlay strategy. In this article, we’ll help you use the Parlay strategy for your roulette betting. But first, let’s make sure you understand the basics.  

Before trying out the Parlay roulette strategy, we need to understand the game itself.  Firstly, this is a game of chance. Some betting options are a 50/50 outcome while others are more challenging. To play, you place a bet on where you think the ball will land. When the wheel stops spinning, you can see where it lands and if you win, you’ll receive your winnings and stake back. The amount you win depends on the odds and how much your stake is. Now, let’s look at the Parlay strategy and how it can help you. 

The parlay strategy involves increasing your bet amount after you win. You use your original bet amount plus the winnings. It is like a positive progression system and means you can try to capitalise on a winning streak.  

Here are the steps to take if you want to use the parlay strategy for roulette: 

1. Start with a base bet amount (e.g., £1). 
2. Place your first bet. This should be on an even-money outcome like red/black, odd/even, or low/high.  
3. If you win, add your winnings to your original bet amount. Place the combined amount on your next even-money bet.  
4. If you win again, repeat the process by adding your new winnings to the pot.  

Tips  

Bear in mind that this strategy means you risk losing all of your accumulated winnings. As such, make sure you’re disciplined so that you don’t start chasing losses.  

The premise behind the parlay strategy is that your consecutive wins will recuperate initial losses and yield higher profits. However, this strategy is risky as you’re not guaranteed to win at all, even if you place the same even-money bet each time.    

The parlay strategy is a straightforward way of applying a strategy to your betting. For those who enjoy roulette and have never tried a strategy before, this is one of the easiest ones to grasp. Remember, though, there are no guarantees, and you risk losing money.