The Labouchere System

The Casino Industry is perhaps one of the most exciting and happening industries out there. Millions of people indulge themselves in this extravaganza every day and more people keep joining the casino community every year. Its extraordinary popularity and response are the reasons why there is a need among the professionals to look for ways to compete with the rest of the players and to ensure high returns from their gameplay. Among the various strategies adopted, the Labouchere System is one such tactic that is perhaps considered as one of the most strategic moves out there. The strategy involves pragmatic thinking on behalf of the player or the practitioner and requires patience and diligence as well!

The Labouchere System – It’s meaning and implication

The entire concept of this system revolves around attaining a pre-determined profit goal that is decided by the player at the start of the game. The profit goal is targeted and then is divided into a series of units which when added up, totals the initial profit goal. The motive of this system is to go further with better profit goals once the small goals are achieved initially. It helps gamblers to disburse their invested money in gambling, in a better and more pragmatic way.

The working of the Labouchere System

Let suppose a player decides a total profit goal of 20 units. It is the final goal that the gambler wishes to attain at the end of the gambling round/game. This total unit is then divided into a series of smaller units that add up to the total profit initially chosen (In this e.g., 20 units can be divided into a set of smaller numbers such as 2,3,5,4,3,3). The player first targets with a unit of smaller denomination and this value is determined by adding the first and the last number in the series (e.g. 2 + 3 = 5). The gambler next uses this denomination as an even-money bet only. If the gambler wins the round and avails a profit, these two numbers are excluded from the set and the first and the last number of the new set are considered (i.e. 3 + 3 = 6). This move goes on if every round leads to a profit for the gambler and no more numbers are left to be added from the set.

Faults in the general overview of the Labouchere System

Gamblers in the casino industry understand and know for well that no strategy or a tactic is fool-proof and any such motive might tumble down, lest there be the worst case of bad luck ongoing for the player. The system fails to add in the factor of a house edge that might change the probability of availing higher profits and returns. Since this system only relies on an even-money betting scheme, a house edge of 47% to 50% is neglected by this system which can drastically change in the case of a bad luck misfortune.

The strategy also fails in a game that includes short and quick rounds of gameplay. In a short round, there is a short-term variance factor that is involved in the game. What it essentially means is that in some quick short round games, some numbers might turn up in favour of the gambler while also lies the chance where many other wouldn’t turn up in the rounds, as well!

How to implement the Labouchere System effectively

The most important step is to select short profit goals that could be practically be availed. Anything out of pure greed might make one suffer due to bad judgement and calls. Also, the set of the smaller denomination values must be short, so as to avoid any major miscalculations on the part of the gambler.

TheOnlineCasino™ – best place to implement this strategy:

TheOnlineCasino™ is one of the best online casinos in the UK, which is available over the internet today. It offers some of the best classic and standard games such as Blackjack, Roulette, Baccarat etc., which gives gamblers and professionals the chance to apply the Labouchere System and have an opportunity to get decent returns as well! Live games are a must play and the excellent withdrawal and depositing schemes will ensure that gamblers not only get a target platform to practice this strategy but also have an easy, fun-filled experience as well.