The Labouchere Roulette System is a well known system that has been around for a good few years. All you have to do is adhere to the steps given below to give yourself a chance of decent short term profits.
To start off, you should understand that you will only be placing outside bets which offer a payout of 1-1. Such bets are high-low, red-black and odd-even bets, and you will profit the same amount which you bet when you win a spin. You should never bet on anything else other than these outside bets, or your bankroll will go bust very soon.
Once you understand the need to be disciplined in betting, take a pen and paper and write down 1, 2 and 3 in a row. Add up the leftmost and rightmost numbers together, which will give you 4 in this case. This tells you the amount to bet and you can choose to place $4 on any of the 3 outside bets above. If you win this spin, you will have profited $4 and can proceed to cross out the 2 numbers on the paper. At this point, the paper only shows ‘2’ on itself, which will be the bet amount to make in the next spin. Now, you should be betting $2 on an outside bet of your choice and if you win again, the ‘2’ will be deleted on the paper as well. When the paper has no more number, you should go back to the beginning and jot down 1, 2 and 3 again.
If you are unfortunate enough to lose the first bet, instead of cancelling the outermost numbers, you should add the bet size to the right of the row of numbers on the paper instead of deleting any number. Your paper should be showing 1, 2, 3 and 4 now, so the next bet to make will be 1+4, which is $5. By winning this bet, you can cross out 1 and 4, leaving 2 and 3 on the paper. Add up the 2 outermost numbers as per normal, and you should know that the next bet amount is $5. If you happen to win again, the 2 numbers will be slashed off and it’s time to reset the system and start all over again.
Now you should realize that each time the system resets, you would have earned $6. By playing only on either of the 3 outside bets, your probability of winning is 0.5, though in rare cases when either 0 or 00 comes up you will simply lose.
Once you have an idea how the step-by-step system works, you can practise the process of recording and deleting away numbers on the paper by using coin flips to replay the scenario on the roulette table. For instance, you can assign head to be high and tail to be low. As long as you are disciplined enough to abide by the rules in the system, you can see profits rolling in as time goes by.
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