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Casino Industry Glossary

Labouchere

Betting Systems, Strategies & MathematicsREPORTED

/ Cancellation System A negative progression where players write a sequence of numbers and bet the sum of first and last.

In practice

Complex system; can require large bankrolls.

More in Betting Systems, Strategies & Mathematics

D'Alembert·Paroli·Fibonacci System·Martingale·Theoretical Loss·Anti-Martingale

One entry from the Casino Industry Glossary, 1,090 terms written for surveillance, compliance and operations professionals rather than for players. Definitions describe industry usage; where a term carries a regulatory meaning, verify against the instrument that governs your jurisdiction.