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The Parlay Blackjack Betting System

Staff Writer 10/29/2020 Blog 43 views

If you’re looking for a blackjack winning strategy but don’t have the time or patience to learn card counting, it’s time to get into staking systems. Luckily for you, smarter people than I have devised some fairly effective ways of controlling your bankroll.

The most obvious choice would be the Martingale betting system, though it’s far from the only option. Parlay in blackjack is all about using the house’s money whenever possible. If that sounds fun to you, keep reading.

What is Parlay in Blackjack?

Parlay is a positive progression betting system often used in all forms of gambling. This means that the idea is to increase your stake only when you win. The Parlay betting system works great with blackjack because most hands have an even chance of winning or losing. Almost all staking plans are designed for 50/50 coin flip wagers – which blackjack essentially is, once you remove the frills.

As a contrast, some of the more famous blackjack betting strategies like Labouchere or Martingale use negative progression. However, with a Parlay blackjack system, your goal is to withdraw your stake as soon as possible and just bet with the winnings. This is supposed to ensure that you don’t end up emptying your bank account and losing your house. As a result, some refer to Parley as the Reverse Martingale betting system.

So does Parlay in blackjack work? That’s a difficult question to answer. What you need to understand about blackjack betting strategies is that they can’t truly guarantee anything. The fact that nothing is ever 100% sure is part of the fun of gambling. However, approaching the game with a clear, methodical plan is bound to get better results than just throwing wagers around randomly. Just don’t imagine that the Parlay strategy is fool-proof – nothing ever is when it comes to online gambling.

How to Use Parlay in Blackjack

Now that that’s out of the way, let’s get into the nitty-gritty of how Parlay in blackjack works.

Essentially, you’ll just want to increase your stake every time you win. Let’s say we’ll start at $5. You would bet the $5 and, in the event of a winning hand, use the $10 returns for your next wager. Repeat this until you lose, in which case you just go back to the initial $5.

The original system was used in horseracing, with each bet using the profits and stake of the previous one. However, if you adopted this system to blackjack, you would eventually lose and end up with less money than you started with. That’s why you need a softer stake curve. In other words – don’t use all of the returns every time. Let’s go through it step-by-step.

Blackjack Parlay Guide

  • Hand 1. You bet $5. If you win, keep going down this list. If not, repeat step 1.
  • Hand 2. Double the stake to $10. This step is always a bit riskier because there’s no real way to divide the stake unit properly.
  • Hand 3. Bet $15. This is where Parlay begins to work its magic. You’ve pocketed the $5 initial stake so you’re in the green. Now it’s just a matter of pushing the profits as high as they’ll go.
  • Hand 4. Bet $20. If you’ve won all three hands, now you have $15 of profit to boast as well. From Hand 3 onwards, you’ll end up with a profit no matter which hand you’ve lost on.
  • Hand 5. Bet $30. Note that you can adjust your stake slightly. The bigger it is, the riskier the Parlay bet system becomes – but the bigger your profits.
  • Hand 6. Bet $45. Let’s say you lose this hand. Losing $45 stings, doesn’t it? However, you’ve earned a tidy profit of $25 from all of this!

Conclusion

By now, you should know how to Parlay blackjack with the best of them. The nice bit about it is that the stake difference between hands can be adjusted to fit your needs. As long as you get over the hurdle of the first 2 hands, you’re good to go. Good luck!

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