Daily Real Deal: Blackjack Paroli vs Flat Bet Summary

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In Paroli shoe #2, after the player blackjack around 28:41 I did not increase the Paroli player wager to 2 units from 1 unit. Next hand lost, so Paroli end result -1 unit to gain of 4 units (from gain of 5 units).
For the series, adjusted Paroli result is -28.5 (from -27.5).

Six-deck heads-up blackjack following basic strategy.
Dealer stands on all 17s. No surrender. Blackjack pays 3:2.
One shoes. ~75% penetration.

Direct comparison of Paroli Betting System vs Flat Betting. Both systems bet on the same hand.

Each player starts with 50 chips.
Flat bet player bets 1 chip per hand.
Paroli Player starts with a bet of 1 chip, doubling the prior bet for every win, and returning to 1 chip on every loss. After 3 consecutive wins, bet returns to 1 chip.

While the Paroli system is most commonly used in even money bets (i.e. red/black in Roulette) it can still be applied to Blackjack. Also considered to be the opposite of the Martingale Betting System.

Table minimum: 1 chip. Table Maximum: 100 chips. This would be the equivalent of a $5/$500 table.

You can use this (and forthcoming future videos) as a representative scenario to test your betting system or card counting.

I am not a pro dealer, so be nice.

Source: YouTube

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Daily Real Deal: Blackjack Paroli vs Flat Bet Summary