a. In the sample 1-2-3 sequenceThe Labouchere system was created for roulette and it is still very popular among experienced players. The Labouchere betting strategy can be applied to any game that offers even-money wagers, such as roulette, blackjack, craps, and baccarat, albeit with varying. The bowl mechanism includes a ball track, a lower ball track (apron) with ball. The Labouchere betting system enables you to manage your bankroll and have better control when playing roulette. If your first bet wins, you cross out the numbers at the start and the end of the sequence. The Labouchere System uses a negative progression whereby the player continues to play until their predetermined goal has been reached. The Reverse Labouchere Roulette System. Here’s the academic answer to the question. This system was used by Norman Leigh and 12 companions to break the bank of the Casino Municipale in Nice back in 1966. a) Add first and last digits of cell above (eg B2:111 (1+1)=2) b) Take the number from the cell above and add the result (eg 2) twice to the end of the number (eg B3 = 11122) show the result in the cell. The Labouchere Betting System is a strategy used by gamblers to implement a positive or negative progressive betting system when betting on even. 69%) Labouchère ends in a consenant. As a. Start by adding the first and last numbers together to form your stake. Additionally, it can be used in various situations, such as playing online or in a live casino. The difference here, of course, is that the Fibonacci sequence has already been decided for you (1,1,2,3,5,8,13, and so on). What is the Labouchere roulette system? The system works with even bets, which means that the player can only use it when they are betting in red or black,. 9 min. It was popularized by Henry Du Pr´e Labouchere, an English politician, writer and journalist. Lose: The streak becomes 11122 so I bet 3. 0% house edge (97. It essentially works like a negative progression system, where stakes are increased every time you lose. The Wizard explains how to play the Labouchere (aka cancellation/split Martingale) betting system and what to expect from it if you do:. But arbing profits aren’t exactly glamorous. You’ll add one unit for every +1 on the true count. Since the Martingale System was so simple, I thought it might be appropriate to follow that up with an explanation of a more complicated system–the Labouchere System. Based on mathematical principles, this system can also be used for. It involves creating a betting sequence, calculating bet sizes based on the sequence, and utilizing a cancellation process to determine subsequent bets. In case of a victory, those two numbers are erased from the list, and, in case of a loss, the bet amount is appended to the end of the list. The minimum bet is conventionally assumed to be equal to one. Known for. Systém Labouchere je jedním z nejstarších, které kdy byly pro ruletu vyvinuty. Overall, the Reverse Labouchere system was created to reduce the potential for large losses caused by a run of unfavourable results by introducing a cap on losses. Labouchere. The Labouchere system of betting in roulette (and other games of chance) has a long, although necessarily unsuccessful, history. The Labouchere roulette system is one of the most potentially rewarding strategies for a roulette player. Of course, like any type of gambling, there’s an inherent level of risk involved. However, the strategy has its limitations. Reverse Labouchere system. Applying Labouchere at the Blackjack Table. g. The Labouchere strategy is a betting progression that has taken its name from the English aristocrat and avid roulette player Henry Labouchère (1831-1912) and probably the best known roulette system, surpassed in fame only by the Martingale. Labouchere betting systems are ones that use the Labouchere staking progression. The Labouchere Strategy is a betting system named after the English aristocrat Henry Labouchère (1831-1912), an avid roulette player. 5- The Labouchere System. For high rollers. with one million simulation rounds and a maxi mum bet of 16 (see Lab2 in Table 2). The Labouchere betting system is a popular method used by many gamblers to manage their bankroll and potentially increase their chances of winning. You can try different systems and see which betting strategy is the best, if any. The Reverse Labouchere System is a positive progression system that works opposite of the negative progression Labouchere System. It is generally played on even-money games. The . Moderator; New; Posts: 88; Thanked: 22 times; Re: Labouchere with a Twist «. It is often used by players who prefer a grinding approach. Fibonacci System. The system is negative progression like the Martingale system. Now take the leftmost and the rightmost values, add them together and bet the resulting amount with odds no less than 2. Place your initial bet by adding the first and last numbers in the sequence, for a total of 5 (1+4). The Labouchere System, a well-known betting system with roots in the 19th century, presents players with a distinctive method for controlling their bets. In case of a win, remove the values from the row. The 1-3-2-6 system is a positive progression betting system. This is a common part of many roulette strategies, and you should be doing it anyway. Lose: The streak becomes 11122 so I bet 3. You then wager two units and win, cross off the 1 on the left and right. There is also a positive progressing version of this system (its opposite) called the Reverse Labouchere. How to Use the Labouchere Roulette Betting System. Sometimes it is known as the cancellation or cross out betting system because of way the strategy is played out. The Labouchere system is a negative progression, which means that it is based on the theory that the player should increase their bets after losing, and reducing it after winning. It operates in cycles with the objective of achieving a pre-determined profit margin. In a later book, called Thirteen Against the Bank, Leigh reported that his team won $163 000 using this system – and got banned from every casino in France in the process. In this case, our opening bet would be $4 ($1+$3). Logged Romn. The system comes under many different names, some call it Split Martingale, others refer to it as the Cancellation System, but the principle behind it is always the same. read. For example, if your sequence is 1-2-3-4, you can lose up to 10 units in a single cycle. Read more useful information and all our roulette strategies by visiting our roulette section. The Labouchere system is designed as a relatively conservative strategy, allowing consistent small wins over time. The player then modifies their bets based on this sequence, crossing out numbers when a bet is won or added when a bet is lost. If your goal is to win £1000, the Labouchere system requires you to have. After studying the casino table game of roulette he got together a team of twelve other players. This can be any system, but you’ll need to think about it quickly. The Reverse Labouchere System . An Introduction to Labouchere. What's Hot. So it's like a reverse martingale. Currently, five types of betting strategies are. As is the pitfall for all baccarat betting systems, wins on Banker lose five per cent, so the two options aren’t exactly even-money payouts. In fact, it’s even more complex than the D’Alembert system. To a certain extent, the Labouchere resembles the Martingale since it, too, is based on a negative betting progression. The simulator will show details of each run (win or loss, amount of winning, etc) until the number of runs has finished or until you run out of money (enter your initial amount of money in the bankroll field). Here bets are made by selecting a random sequence and summing the first and the last number in that sequence. Additionally, the Reverse Labouchere system has a built-in maximum loss limit, which is the sum of all numbers in your initial sequence. Labouchere System, your wager is always equal to the sum of the outer numbers of your sequence. The Reverse Labouchere System. This roulette system is known by many alternative names such as split martingale and cancellation system. The Fibonacci strategy is a well-known betting system that can be applied to various casino games, including baccarat. Lose: The streak becomes 1112233 so I bet 4. Henry Labouchere’s itchy feet next took him to a company called Freeport Indonesia, where he worked on a Catalina. The strategy begins with a row of ten 1s. Developed by big roulette fan Henry Labouchere, this system is known as the cancellation theory. It is an extraordinarily cautious system, which brings you measurable profits and fun along with keeping your capital safe. It basically a modified nine-step Martingale. The d'Alembert is a popular and classic betting system. As clearly shown in its name, this system is the exact opposite of the classic Labouchere strategy. If anyone is interested, my first Labouchere try was a success, and I won 12. ” You don’t have to double the size of your bets to use this system, but you do eventually wind up with large bets. When you lose, you need to cross over the first and the last numbers. Skip to the content. The Labouchere strategy was created for roulette, but it can easily be adapted to work for other casino games. It differs from other such strategies with few specific rules – a player who decides to use such strategy has to define an amount of money he would like. From this, it follows that players, who adopt the Labouchere system, are required to increase the size of their stakes after each loss and decrease it after each winning bet. It is best used for evens betting on 2-way markets, such as moneylines in the NFL, NBA, and NHL, or Goal. Continue the same process of adding the two end numbers to work out how much you need to bet. cancellation system) is a negative progression betting strategy like the Martingale. This system that takes the name from Henry Labouchere, a wealthy British politician who invented it in the 19th century, is perhaps one the most complicated roulette strategies available to gamblers. For LaBoucher with betting 2 dozens the change is that after every lost spin we add two times the lost bet, so we need 50,1% wins in order to enter the session : Start with 1. 1. Labouchere System. Here's a list of the most popular betting systems used in roulette. The Labouchère staking system is a progressive staking method acording to which a bettor continues to bet until a particular winning amount is reached, and is. Fixed Lots Balance: 10,164. In this case, (5+1), which total six. AutoBot | ทฤษฎีการลงทุน Labouchere ( Labouchere System )ลงทุนอย่างมีแบบแผน ใช้เทคนิคการเดิน. Played quite frequently at casinos in Monte Carlo, French roulette is a bit different than the other roulette variations we've already discussed, because it features a unique table layout. The Labouchere system is also known as the Cancellation System, the Split Martingale, or the American Progression. As mentioned, using the Labouchere roulette system requires the player to first choose how much they would like to win. With each bet, the player stakes an amount equal to the sum of the first and last numbers on the list. The Labouchere System, which some call the Cancellation System, is my personal favorite system to employ when playing for fun, which is to say, not for real money! The way that the Labouchere System works is that a player will make a line of base bets, or other amounts, and will cross out numbers on that line for each bet that is completed. Typically, the player adds the numbers at the front and end of the line to determine the size of the next bet. Another system that's similar to Martingale but has a little more success in reality is the Labouchere System. In this case, (5+1), which total six. I decided to do some research on The Labouchere System. By adding more numbers than the system calls for, the win rate (%) needed to achieve success also starts going up accordingly. An avid roulette player, Labouchere developed this rather complicated system using mathematical techniques, and it has become one of the more popular strategies among gamblers today. The system also goes by the names Split Martingale,. So, what if we bet always the last 18 numbers using LaBouchere ? I think even if it'st possible that new numbers will appear more times than the last numbers, it happens for a short time, and finally it will always appear a winning series to reach a positive outcome. Still, if you use a number picking system, stick with it for a few weeks before changing it. LOSS SCENARIO: Labouchère cancellation system. The Labouchere betting system does not, under any circumstances, lessen the house edge. The Labouchere betting system is a negative progression system, mostly adapted for casino games, namely roulette. That means you increase your stake after losing. It was 133. It helps to have a pencil and notepad near you. The sequence of numbers should be short, so it will be easier for you to play. Using Labouchere means following a series of numbers that you have written down before the round of blackjack had started. The Labouchere Staking Plan is sometimes also known as the ‘Cancellation System’. The Labouchere system would require you to now add that number to the right end of your number sequence. If Labouchere is played the other way around, the player chooses the amount to take the risk, not the amount to win. Labouchere system. Taking the above conditions, let's look at how to put this blackjack betting system into action. You can bet a 1X or 2x multiple. As a negative progression system, the Labouchere system increases bets after losses rather than victories. Continue the same process of adding the two end numbers to work out how much you need to bet. Unlike Martingale which strives to recover the balance on a single hand, Labouchere is designed to recuperate the losses by a series of smaller winnings and over an extended period of. To begin, it’s important to know the number sequence for the Labouchere system. Many gambling lovers believe Labouchere, also known as Split Martingale, is the best betting strategy to try in at an online casino. Essentially, your target profit is the sum of these 3, which is €6. The Labouchere system is another popular betting system which can be used in Rich Rocket. Sadly, gamblers have gone down in the deep waters when they used his “unbeatable” system. #3 + 3 = 6. +4 true count = $100 bet. Betting according to a predetermined sequence. Thus, if your betting block is $2,500, your first wager is $50 ($2,500 x 0. 1/5l1 Labouchere System - (1 unit starting line)/(5 losses add 1 unit to start of line) 1) Make safer starting lines. . Tailor your risk, set financial targets, and adapt to crash betting scenarios. Vznikl v době, kdy bylo zapotřebí vymyslet dokonalejší systém, než byl tenkrát Martingale. 1-1-2-2-2-3. Let’s quickly walk through how the Labouchere roulette strategy might work in practice. Write down a list of numbers, usually 1, 2, 3, 4. Complete simulation of the Reverse Labouchère betting system. Our first bet will be the sum of the left-most and right-most numbers. Like all betting systems, not only doesn't it overcome the house edge,. The Labouchere system is a type of cancellation system for playing any gambling game – however it is known to work particularly well with roulette. This is a very popular system for its simplicity and promises to reduce the risk of big losses because the increase of bets is slow. It refers to collecting and recording the winning numbers as they occur. Andrucci system. A good starting bet is 2% of your betting block. Let’s, for example, say you’re working with a $10 total stake. Chess and Variety Streamer. 01. The Labouchere betting strategy is a popular betting system used in Punto Banco. The Labouchere System is a unique approach to betting that revolves around managing your wagers through a sequence of numbers. COMMERCE. The Labouchere system is a betting system based on a negative progression system. The initial bet is determined by the sum of the first and last numbers in the sequence. The only downside is that losing streaks can. Ethier [Eth10] showed that EB⋆ = +∞ in Fibonacci system if and only if p≤ 1 2. This staking progression is popular with a variety of bettors. Start by writing down a sequence of numbers such as 1-2-3. With the Labouchere system, you start by writing down a sequence of numbers. Labouchere Progression (in-depth Analysis & Variations) Mar 12 2023. The Labouchere system is very psychologically appealing to players because when applied over time it provides very consistent linear returns. The Table Layout at the bottom is a 2x multiple bet. And the sole purpose of creating the labouchere system was for himself. Updates are regularly released to fix bugs, improve the bot and. The second type of roulette strategy to win that we are going to cover are not based on progressive bets. For example, you can use it in other popular games such as blackjack, craps, and baccarat. How the Labouchere Strategy Works. RULE 3 – Increase Stakes After a Loss. Here’s how it works: You make a list of bets. . The Crown’s top secret agent actually creates a betting system of his own, designed to overcome the odds of the game and turn them into his favour (he also uses the Labouchere system at one point). . Labouchere. Developed as early as the 19th century, the. All you do is move up or down this system’s numbers and adjust your bets accordingly, depending on whether you win. The theory is that it is unlikely to accumulate a large series. The Labouchere system is a roulette betting approach in which the bettor chooses a column of numbers that correspond to the sum he is willing to risk and bets the total of the top and bottom numbers, deleting any winning numbers and adding the amount of each lost bet to the series. Add the first and last numbers together, in this case — 5, this will be your stake (eg. Martingale System The Martingale Betting system is based on the notion that a gambler with infinite wealth will eventually win when betting on games with the probability of approximately 50% (such as a coin toss or. The Labouchere system is a betting strategy which entails keeping a list of positive real numbers and betting the sum of the first and the last number on the list at every turn. It's a system not for the faint of heart, but it can help level up your gambling game if you're willing to learn. Here bets are made by selecting a random sequence and summing the first and the last number in that sequence. Playing The Reverse. You always start the Labouchere Staking Plan by beginning with any series of numbers. These numbers represent the amount of. Labouchere System – The strategy requires you to set your desired win amount. Lets look at the final betting technique Labouchere betting system. The Reverse Labouchere System Wins $1. The Labouchere system, also known as the cancellation system or split Martingale, is a betting strategy predominantly used in games like roulette, baccarat, and blackjack. The Labouchère system, also called the cancellation system or split martingale, is a gambling strategy used in roulette. This system is somewhat more complex than other roulette strategies. The idea of the Labouchere system on even-odds games like baccarat is that completing the sequence will double your bankroll. In Labouchere you take the total amount you wish to win. 34% in order to complete the list and achieve their desired winnings. The Labouchere (also known as the cancellation and split-Martingale) is a well-known betting system. As with the. When a player loses a bet, the system prompts them to increase their bet. a winner makes (fix) 1$ per 1 lot. Recursive Implementation of the Labouchere betting system in Python # Runs a simulation of the Labouchere betting system with a given starting sequence and balance. How The Labouchère System Operates. You start this system by creating a unit size. The name comes from the famous gambler Henry Labouchere, but the method didn’t catch wind until the beginning of 1700 since the roulette wheel wasn’t invented before this. It’s a system that you dictate the rules for before you start playing. 01 0. What is the Labouchere roulette system? The system works with even bets, which means that the player can only use it when they are betting in red or black, even or odd numbers. The D’Alembert strategy is very similar to the Martingale one, making it, by default, easier to work with than the Labouchere one. The idea behind this system seems to make a lot of sense. Roulette as played in locations other than the United States and the. However, the system’s efficiency and risk remain consistent across different games. Like the Martingale, Labouchere and Fibonacci betting, the d'Alembert has the player chasing. Let’s say our sequence is 1-2-3. The Labouchere betting system is also called the cancellation system. The Labouchere betting system tells casino players how much they should stake when playing popular games like roulette and. The Labouchère system, also called the cancellation system or split martingale, is a gambling strategy used in roulette. For example: 0. You cannot beat the house long term. You will then need to write a system like the one below. Complete simulation of the Classic Martingale betting system. This roulette strategy is systematic in the sense that the player needs to determine how much money they want to win in advance. What is the Labouchere System? The Labouchere System uses a. If you lose the bet, bet the base amount again and do that as well after three straight wins. How it Works Pick a series of numbers, for example, 1-2-3-4-5-6-7-8. It entails writing a list of. Keeping track of both past and future. 38%) That's not how the Labouchère works. You must stake exactly one base staking unit on the first wager of any cycle when using the D’Alembert system. Labouchere system is a complex yet the most widely used system in the gambling industry. A trader takes a certain (any, the greater the lot, the greater the risks) sequence of lots. Title: Labouchere roulette strategy, Author: Edward Johns, Length: 4 pages, Published: 2010-07-20. It is essentially a Labouchere system in reverse. 9 min. Although the Kelly Criterion can be effective for disciplined bettors, it requires accurate estimation of your betting. This cancellation system was created in the 19th century and is still enjoyed by roulette. The Labouchere system is also known by several other names, including the cancellation system, split Martingale, and American roulette progression. The Labouchere System. The user of such a strategy decides before playing how much money they want to win, and. The Labouchere System, also known as the Split Martingale or the Cancellation System, is a baccarat betting strategy that is more complex than the ones mentioned above. 0. In short, the Labouchere system is a smart and straightforward system which works well for 50/50 wagers, and can eliminate your losses. These money management techniques can be seen as a kind of “meta” betting system. £5) [If your sequence only has 1 number left, then just use that number only!] Put the stake on any 50:50 bet — in Leigh’s system he had 6. Norman Leigh was one of only three gamblers to break the bank of Monte Carlo. When you win under the Reverse Labouchere System, you will add the wagered amount from your win onto the end of the sequence. An avid roulette player, Labouchere developed this rather complicated system using mathematical techniques, and it has become one of the more popular strategies among gamblers today. Discover the Labouchere betting strategy on CrashWinBet. 56 before. For now, know that both of these systems operate as cancellation systems. These numbers represent the amount you intend to bet in. Every time you win a wager, you increase your stake by the amount of your base stake. It wasn’t very cheap – A$3,000 which was about £1,300 – and it wasn’t very good, but a Cessna 180 was about eight times more expensive. For example, the sequence could begin with 1, 1, 2, 3, 5, 8, 13, 21, 34, and so on. Question: The Labouchere system for roulette is played as follows. Unlike them, it does not include a series of sequential numbers that represent each following wager. A roulette player called Henry Labouchere has made this betting system where it was mostly used. Baccarat players need to break their bankroll down to the specific session they’re playing. This means that you can place your bets on the odd/even, red/black, low/high bettings areas of the roulette table. You bet the sum of the first and last numbers on red. Henry Labouchere, a dirt-poor gambler who toured the gambling world of his time looking for a pot of gold. 20 20 20 20 20 40. The money risked for a particular session shall be called the “bankroll. This principle applies to all. The Labouchere is a slightly more complex system that may require some practice to get used to. It is a progressive roulette system where gamblers increase their bet amount after a loss. Here the system is simple; bet on either the red or black spot on the betting table. Labouchèreの賭け方式のように、累進的なベッティングシステムは無限に近い富を期待させます。しかし、学術的な研究では、結局は損失に終わることが示唆されています。Methods in Labouchère system (Labouchère roulette strategy, 2015) 1. Even with a strategy like this one, responsible gambling. However, there is eventually a critical moment at. It’s also said that this is the. Similar to the Martingale approach, it focuses on progressive betting, but unlike the latter, it has a. Other Names for the Roulette Labouchere Strategy include: Split Martingale; American progression; Cancellation system; The Labouchere Betting System in Action. Every time there is a loss, the above formula is executed again (eg B3 = 11122 (1+2)=3 => B4. Our first bet will be the sum of the left-most and right-most numbers. Last updated August 31, 2023. The Fibonacci system is a very popular betting system for casino games and sports betting. He is now most remembered for the Labouchère Amendment, which for the first time criminalised all male. It was explicitly. If you win again - 2 units. The goal is to eventually complete the sequence and secure a profit. Pros and Cons of the Labouchere System. One popular starting sequence is for an initial win amount of $15. Recall that, In this game you start with the list of numbers (1, 2, 3, 4). I've included short and simple explanations for how each of them work, along with simulators to show the kind of results you can expect when using these systems in real life. If you win you cross out the two outside numbers. It entails increasing your bet amount whenever you lose. Feature buy costs 80x the stake. For instance, if the list starts with seven. Like all progressive staking systems, a losing streak can be catastrophic for your bankroll. There is, of course, a downside to this strategy, just like there is in other betting systems like the Martingale betting system and the Parlay betting method were losing bets or. The same result holds for a general family of betting systems, and the proof builds upon a recursive representation of the optimal betting. Every modified Labouchere system player should be aware of another hazard; a situation where there have been a few short strings of losses separated by single wins. Our Labouchere roulette system review found this to be a neat and well-organised method of betting. Henry Du Pré Labouchère (9 November 1831 – 15 January 1912) was an English politician, writer, publisher and theatre owner in the Victorian and Edwardian eras. Learn how the Labouchere roulette strategy works and how you can use it when you play online roulette. k. The Labouchere system is a staking plan sometimes used for football gambling, but it's most popular with roulette game s. This technique, which bears Henry Labouchere’s name, is intended to give players an organized way to manage their bets and increase their odds of winning. The Labouchere system is a great strategy for experienced players, as it allows you to make very precise wagers. 81 and a MaxDD of -27. Paroli betting system. 1. One popular starting sequence is for an initial win amount of $15. The Labouchère system, also called the cancellation system or split martingale, is a gambling strategy used in roulette. Using the method to play on the inside bets can be somewhat risky since the numbers don’t add up, and you could end up losing a lot. And that’s pretty much it for how Labouchere works in roulette online. The Labouchere Betting System is a negative progressive betting system. Study Resources. If you win as much as you lose, you will surely be at a profit if you follow the sequence correctly. Two weeks ago I learnt about a system called Labouchere. Currently, five types of betting strategies are. As a negative progression system, the Labouchere system increases bets after losses rather than victories. The Labouchere betting system was named after its creator, Henry Du Pré Labouchère, who was a wealthy British aristocrat born in the 19th century. On 2 losses becoming 1,1,2. g. The Labouchere system – (a. Your potential profit is the sum of this sequence, $6 in this. The Reverse Martingale is a safer but slower alternative to the Martingale system. But that’s not the case when it comes to the “Labouchere system”. The strategy can also be applied in sports betting, and you can use it as a staking plan until a specific goal of earnings is achieved. Fibonacci System. The Labouchere system has been applied to many different areas of gambling, from horse racing and Greyhound racing to sports betting and of course casino gambling. The idea is to claw back any losses, but in a less aggressive and risky way than you would do on a Martingale, in which you double your bet after a loss. The Labouchère system, also called the cancellation system or split martingale, is a gambling strategy used in roulette. The Labouchere: Here’s how to play The Labby or Split Martingale System. In comparison to other blackjack betting systems, it may be a bit complicated, but the basic betting points remain similar to negative progression systems. Labouchere is my favourite . This is a roulette strategy has a lot of similarities to the Martingale. Looking at your Labouchere Plan, you begin by betting the sum of the first. It limits your losses in each session and lets you build and maintain a particular. Using the Labouchere system means that players have to win less than. The Labouchere betting system was created by Henry Labouchere, an avid roulette player in the mid-1800s. This is a negative progression system like the Martingale and Fibonacci Roulette because you increase your bets after a loss to claw back profits. The Labouchere betting system was initially designed by Henry Du Pre' Labouchere as a strategy to defeat roulette odds. Labouchère designed his system for use on even-money bets. The . How to play: a) At first you have to write down a series of numbers of any length such as 1-2-3. The idea of the Labouchere system on even-odds games like baccarat is that completing the sequence will double your bankroll. You can even use this system at real money sportsbooks. The series chosen will tally up to the number of units that you are trying to win in each sequence. Martingale System The most common approach to gambling systems is based on a martingale system model. The Labouchere system is a progressive betting strategy that involves creating a predetermined sequence of numbers. That progression has a few. The Labouchere betting system is a negative progression system, mostly adapted for casino games, namely roulette. The Wiz has become a betting system quack. For now, let’s stick to low numbers for an effective Labouchere system example. The Labouchere Betting System was designed by the avid roulette player Henry Labouchere back in the late 19th century. If your bet loses, add the amount you lost to the right of the sequence. The Labouchère system is designed to work with bets that have an even chance (1:1) of winning. The Labouchere.