Casino Industry Glossary
Paroli
Betting Systems, Strategies & MathematicsREPORTED
A positive progression where bets double after wins for a set number of steps, then reset.
In practice
"Let it ride" approach; limits losses.
More in Betting Systems, Strategies & Mathematics
Labouchere / Cancellation System·D'Alembert·Fibonacci System·Martingale·Theoretical Loss / Theo·Anti-Martingale / Reverse 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.