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Casino Industry Glossary

Labouchere

Betting Systems, Strategies & Mathematics

/ 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

Gambler's Fallacy·D'Alembert·House Edge·Paroli·Fibonacci System·Martingale·Variance·Card Counting

One entry from the Casino Industry Glossary — 1,157 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.