Best Casino Picks

Vulkan Bet Casino Review
GGBet Casino Review
Cyber Bet Casino Review
Verde Casino Review
Ice Casino Review

Parlay Roulette Strategy

The Parlay Roulette Strategy is a positive progression betting system that involves increasing bets after a win.

  • Parlay System
  • Parlay Strategy
  • Parlay Guide

Parlay Roulette Strategy is commonly used in even-money bets in games like Roulette. The goal of this strategy is to maximize profits by letting winning bets ride and using the casino’s money to increase potential earnings.

Leon Casino Review

Leon Casino

4.7 /5

Deposit and get €300 + 20 Free Bets.

  • Instant Games
  • Crypto Friendly
  • Superb Offers
Visit site

18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply

BTC
cazino stars review

Cazino Stars

4.8 /5

100% up to €1200 + 150 Free Spins

  • Loads of Casino Games
  • Live Casino content
  • Bonus Wheel
Visit site

18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply

New
Casinia Casino Review

Casinia Casino

4.2 /5

100% up to €500 + 200 Free Spins

  • Big range of Games
  • Unique Bonuses
  • EU Players Accepted
Visit site

18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply

New

How the Parlay Roulette Strategy Works

  1. Setting a Base Bet: Begin by choosing a base bet amount. This is the initial wager you will place on an even-money bet (e.g., red/black, odd/even, high/low) on the roulette table.
  2. Winning a Bet: If your initial bet wins, you don’t collect your winnings but instead let them “parlay” or ride on the same bet. This means your next bet will be the original bet plus the winnings from the previous bet.
  3. Repeating the Process: Continue this process of letting your winnings ride and parlaying the bets as long as you keep winning. Each time you win, add the previous bet’s winnings to your next bet.
  4. Stopping Point: Determine a stopping point or a target for your desired profit. Once you reach this target, you can decide to collect your winnings and start over with your base bet, or you may choose to continue parlaying if you’re feeling lucky.
  5. Reset after a Loss: If at any point you lose a bet, you go back to your base bet amount and start the process over from there. This prevents potential big losses and allows you to protect your bankroll.

Example of the Parlay Roulette Strategy

Let’s assume your base bet is €10, and you’re betting on red.

  1. First Bet: You place a €10 bet on red, and it wins. You now have €20 (your initial bet plus €10 in winnings).
  2. Second Bet: Instead of collecting your winnings, you let it ride and place a €20 bet on red. It wins again, and you now have €40 (your previous bet of €20 plus an additional €20 in winnings).
  3. Third Bet: Once again, you let it ride and place a €40 bet on red. This time, the ball lands on black, and you lose. Your session ends, and you go back to your base bet of €10 to start over.

Try Parlay System at These 5 Casinos

Flush Casino Review

Flush Casino

4.3 /5

150% Match Deposit Bonus for New Players

  • Fast transactions
  • Welcome bonus
  • Slots with variety
Hot

18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply

Kings Chance Casino Review

Kings Chance

​ ​
5.0 /5

150% up to €500 + 40 Free Spins

  • Secured Payments
  • FR Players Accepted
  • Crypto Players Welcome
Hot

18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply

Revolution Casino Review

Revolution Casino

4.9 /5

€500 Welcome Bonus + 200 Free Spins

  • Massive Jackpots
  • Live Casino & Sports
  • Generous Welcome Bonus
New

18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply

Vave Casino

Vave Casino

​ ​
5.0 /5

100% Cashback up to 1 Bitcoin

  • 10+ Accepted Cryptos
  • Interactive Games
  • Daily Cashback Bonuses
BTC

18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply

Woo Casino Review

Woo Casino

4.4 /5

Get €200 Bonus + 200 Free Spins

  • Big Slot Tournaments
  • Crypto Bonuses
  • 24/7 Live Casino
Hot

18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply

Pros

  • Simple and easy to understand, making it accessible to all players.
  • Allows players to take advantage of winning streaks and potentially maximize profits.
  • Limits potential losses as you're using your initial bankroll and letting your winnings ride.

Cons

  • Doesn't eliminate the house edge: The Parlay strategy does not change the odds of the game, and the house still has an edge in roulette.
  • Potential for losses after a win streak: While parlaying winnings can lead to substantial profits, a loss will reset the progress back to the base bet.
  • Can be risky in the long run: The strategy relies heavily on winning streaks, which are unpredictable and not guaranteed to occur.

Conclusion

The Parlay Roulette Strategy is a positive progression betting system that involves letting winning bets ride and parlaying the winnings to potentially increase profits. While it can be appealing due to its simplicity and the potential to maximize winnings during winning streaks, it’s essential to remember that no betting strategy can alter the fundamental odds of roulette.

Roulette remains a game of chance, and all betting systems come with risks. As with any betting strategy, exercise caution, set limits, and remember to play responsibly while enjoying the thrill of roulette.

Best European Casinos Jul,2024

Revolution Casino

Revolution Casino Review

€500 Welcome Bonus + 200 Free Spins

Visit site

18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply

pic
pic

Chris GrandHead of Content

I’m an experienced casino review and news writer with years of knowledge on my back. The experience I’ve had online is essential for the casino reviews I write on this website, written in an easy-to-read format that readers can recognize and connect with.