Blackjack Strategy Video Source & Information:
After the player blackjack around 28:41 I did not increase the Paroli player wager to 2 units from 1 unit. Next hand lost, so Paroli end result -1 unit to gain of 4 units (from gain of 5 units).
Thanks to Dax Mich for catching that!
Six-deck heads-up blackjack following basic strategy.
Dealer stands on all 17s. No surrender. Blackjack pays 3:2.
One shoes. ~75% penetration.
Direct comparison of Paroli Betting System vs Flat Betting. Both systems bet on the same hand.
Each player starts with 50 chips.
Flat bet player bets 1 chip per hand.
Paroli Player starts with a bet of 1 chip, doubling the prior bet for every win, and returning to 1 chip on every loss. After 3 consecutive wins, bet returns to 1 chip.
While the Paroli system is most commonly used in even money bets (i.e. red/black in Roulette) it can still be applied to Blackjack. Also considered to be the opposite of the Martingale Betting System.
Table minimum: 1 chip. Table Maximum: 100 chips. This would be the equivalent of a $5/$500 table.
You can use this (and forthcoming future videos) as a representative scenario to test your betting system or card counting.
I am not a pro dealer, so be nice.
Source: YouTube
28:41 blackjack parolli takes profit? I think the better would ride with 2 or up to 3 What do you think?
Nice video in going to give it a bad except let it run 4x. Probably not gonna work out very well
First, all these betting systems fail so why would they EVER name one after someone? We should refer to them as negative progression and positive progression.
Because the pushed double down hand was dependant on the hand you did right to pull the bet back. With the the other push it was NOT dependant and was part of the paroli sequence so it stays. Good job.