Labouchere Betting System

Labouchere System relies on odds of 2.0 or more - it means that you need just as much as 50% effectiveness to be profitable (or at least to break even).

Apart from picking >2.0 odds you have to write down a sequence of numbers: 1 2 3 4 5 6 7 8 9 10, where the sum of the first and the last number is always your stake. If you win, you move on to the next number and if you lose, you write down the mentioned sum at the end of your sequence (1 2 3 4 5 6 7 8 9 10).

Example:

First pick, stake: 1+10 = 11 / you win, you cross out 1 and 11, the sequence is now: 2 3 4 5 6 7 8 9 10.
Second pick, stake: 2+9 = 11 / you lose, you write down the stake (11) at the end, the sequence is now: 2 3 4 5 6 7 8 9 10 11
Third pick, stake: 2 +11 = 13 / you win, you cross out 2 and 11, the sequence is now: 3 4 5 6 7 8 9 10
And so on...

If there are only two middle numbers left, e.g. 5+6, it means that you have finished the cycle and you can either start over or try to finish the sequence (there is a perspective of higher profit, but at risk of the sequence getting longer and longer - if you don't win that bet).

You have to adjust you stakes to your overall bankroll. Labouchere System if very interesting, and even though it might seem senseless at first, it really is effective! Why don't you check it out yourself?