Blackjack betting strategy

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May 4, 2017 – 10:53 pm

The Parlay betting system is a positive progressive betting system for blackjack — that's a mouthful, isn't it? In order to explain the Parlay system, it's easy to break it down into its elements: 1) positive 2) progressive 3) betting system.

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A Positive Progressive Betting System for Blackjack

First, the Parlay is a considered a "betting system" because it's all about betting; it has nothing to do with actually playing the game. In other words, the Parlay system doesn't help you with your blackjack strategy moves, like when to stand, hit, split, or double down; it tells you only how much money to bet on your blackjack game.

The system is called "progressive", because with each progressive win or loss, the bets are increased or decreased accordingly. In other words, the bet on each hand is determined by what happened on the hand before.

Finally, the Parlay is a "positive" because it call for your bet to be increased after a win and decreased after a loss. The Paroli and Oscar's Grind are similar positive systems. The opposite is a "negative" system, such as the Martingale and the d'Alembert, that advise decreasing your bet after a win and increasing after a loss.

A Positive Progressive Betting System: Now It Makes Sense

So the Parlay is a positive progressive blackjack betting system. And now it all makes sense. And now you can Parlay when you play blackjack online.

In the case of the Parlay system, when a player wins he bets his winnings plus his original bet and continues to do so on each successive winning hand. When he loses he goes back to his original bet.

You Can Parlay in the Online Casino

In non-gambling terms, to "parlay" is to use one's money to reach a desired goal, such as wealth or success. In gambling terms, to Parlay — to bet using the Parlay system — is to gamble an original amount and its winnings on a subsequent hand of blackjack. The Parlay is also called the "Let it Ride" system since you leave your winnings on the table and let them ride to the next hand along with an additional bet.

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Interesting facts

The first episode of Celebrity Blackjack II is marked by wild hands, unpredictable wagers, and everything from side-betting to cursing from the celebrities. Jason Alexander gets off to an early lead, but finds himself in close competition with Jeff Probst. Probst plays a rather conservative betting strategy early in the game, but doesn't get...