Parlay is one of the most famous systems of positive betting progression, which is direct opposite to Martingale strategy, that’s why it is often called Anti-Martingale. It is especially popular among roulette players and haunters of hippodromes. Superstitious gamblers which think they have to catch the fortune and hold it as long as possible also love to use it. Well, now you’ll understand why.
The point of this betting system is to leave the bet and won amount at stake in case of any win. For example, you place five dollars on red. If red hits, you place ten. In case you win, you place twenty dollars and etc. until you reach an appropriate amount. However, it doesn't mean you place the following bets at the same field. It is just a style of finance management in the game. Herewith, as you could understand, you risk only with the original bet - five dollars. The important thing is not to be mean and not to try to rip the casino off in one betting session. So, you should think carefully which amount you should stop at and come back to the starting bet.
One of the advantages of this system is its variability. In the other words, you can decide how hard to play and which win is enough to place the minimal bet once again on your own. So, you can find out your happy mean in practice.
Drawing by Parlay betting system you can state an amount you are willing to lose strictly, but you have good chances to increase it a lot. It is one of the oldest strategies, which takes its origins in banking profits system. Nevertheless, it is very popular because it doesn't make the gamblers placing too high bets. Its admirers also entertain themselves with the thought that they lose in arithmetic progression, but win in geometric. Additionally, playing by Parlay strategy you can get pleasure of the process even if you don't win in result.