Back to Norman Leigh and his band of intrepid roulette warriors. I said that the Labouchere staking plan formed the basis of his system and what he did was quite clever and in theory should have worked. He researched every roulette staking system in history to find out which one was the worst and apparently found the Labouchere plan was responsible for more suicides than any other system. He then simply did the reverse.
This gave birth to the appropriately named……
REVERSE LABOUCHERE
The Reverse Labouchere Staking Plan uses a sequence of numbers in the same way the normal Labouchere staking plan does but instead of crossing out the numbers when you win and adding the number to the end when you lose it does the reverse. i.e. when you lose you cross out the first and last numbers and when you win you add your stake to the end.
This has the advantage of protecting your bank as the most you can lose every time you run a sequence is the 21 units. The most you can win now becomes infinite.
Using the same example as before…
-Your first bet is 7 units (6+1) and say it loses. You then cross out the first and last to make your new Labouchere chain x-2-3-4-5-6-x.
-Your next bet is now 8 units (2+6) and this one wins. So you now you add this stake to the end and have a sequence which now looks like x-2-3-4-5-6-x-8
-Adding the first and last numbers again your next bet will be 10 units (2+8) which is another loser. Cross out the numbers and your chain is now x-x-3-4-5-6-x-x.
-This time you are staking 9 units (3+6) and you have a winner. Add it back on and you are left with x-x-3-4-5-6-x-x-9.
-Your next bet is 12 units and you win again. The chain becomes x-x-3-4-5-6-x-x-9-12 and your next bet becomes 15 units (3+12)…..
…..and so on until you either win your fortune or experience a losing streak and cross out the chain. If every bet you placed was at evens then even if the chain went on and on the most you will lose is the original 21 units. The best way to use this staking plan is to set yourself a stop win limit (say 105 units) and when you reach this limit, quit!
As you can see this system really has the power to exploit a winning run and the most you will lose each time you run a Labouchere sequence is 21 units. But in our example you have to win at least 1 in 5 sequences just to break even.
Benefits: Has a stop loss limit built into it. Exploits winning runs to the maximum.
Downfalls: A few losers will wipe out all the profits of that good run. Very volatile
Requirements: Discipline. Small stakes. Piece of paper and pen.
Probable Outcome of using this plan: You’ll have fun for a while but give up with it. You’ll get to read a good book!
Type of person this system suits: Anyone with a bit of gamble in them. Me!