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.