The Labouchere Strategy

henry labouchère.

 

Although somewhat more complex than other systems, the Labouchere strategy, or Cancellation Strategy works under the rules of mathematical probability.  This particular strategy has many variations (see the most popular one at the bottom) but at its simplest it works like this:

 

Write down a series of growing numbers, for example – 1, 2, 3, 4, 5, 6. The series can be either short or long and not necessarily sequential but it may look like this – 1, 1, 2, 2, 3, 5, 8. In order to start carrying out the Labouchere strategy. With this system, you need to bet on a color of your choice, Black or Red,   and to bet on it till the end of the betting cycle. Each of the numbers in the series represents the amount of money or chips you need to bet.

(The nineteenth English politician and diplomat Henry du Labouchere was also an Accomplished writer and publisher.  He is also the inventor of the Labouchere betting system.)

First example:

Write down on a piece of paper the following series of numbers – 1, 2, 3, 4, 5, 6.

In this case, your first bet would be a sum of the first and the last number of the series – 1 + 6 = $7.

If you win, you need to cross out the first and the last numbers of the series (the numbers that you summed up before – 1 and 6). After you cross them out, the series will look like this – 2, 3, 4, 5, and therefore your next bet will be $7 again – the sum of the first and last numbers of the series (2 + 5 = 7). If you win again, you will cross out 2 and 5 and the series will look like this – 3, 4. Your next bet will be 3 + 4 = $7 and if you win again, you will cross 3 and 4 out and you won’t have any more numbers in the series which means that you have completed one betting cycle.

Second example:

The series that we choose is: 1, 2, 3, 4, 5.

The first bet will be $6 (1 + 5 = $6). If it loses, add the lost bet of $6 to the end of the series so it will look like this: 1 2 3 4 5 6. The second bet will be $7 (1 + 6 = $7). Let’s say that it loses again, which means that we add 7 to the series and it will look like this:  1 2 3 4 5 6 7. The next bet will be $8 (1 + 7 = $8) and if it wins this time, cross out the first and the last numbers of the series 1 and 7. After that the series will look like this: 2 3 4 5 6 – and the next bet will be $8 (2 + 6 = $8). If it wins again, cross out 2 and 6 and the series will be 3 4 5. Continue to bet till all the numbers in the series are crossed out and then the series is completed. You will see that when this happens, you will have always generated a profit.

The most popular variation of the strategy is the Reverse Labouchere.  In this variation, you need to add one number to the end of the series when you win, and cross out the first and the last numbers of the series when you lose.

This strategy can be used on either the European or American wheels, with the odds slightly more in favor of the house on the extra “00” of an American wheel, and with any of the 1:1 bets: 1-18, 19-36, Odd, Even, and Black or Red.  Over a cycle of numbers the odds of turning a profit can be from 47% to 70%.  Be careful though, because this strategy involves increasing bets after losing spins, make sure your bankroll can absorb a losing streak.   

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