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===Labouchère system=== {{Main|Labouchère system}} The Labouchère System is a progression betting strategy like the [[Martingale (betting system)|martingale]] but does not require the gambler to risk their stake as quickly with dramatic double-ups. The Labouchere System involves using a series of numbers in a line to determine the bet amount, following a win or a loss. Typically, the player adds the numbers at the front and end of the line to determine the size of the next bet. If the player wins, they cross out numbers and continue working on the smaller line. If the player loses, then they add their previous bet to the end of the line and continue to work on the longer line. This is a much more flexible progression betting system and there is much room for the player to design their initial line to their own playing preference. This system is one that is designed so that when the player has won over a third of their bets (less than the expected 18/38), they will win. Whereas the martingale will cause ruin in the event of a long sequence of successive losses, the Labouchère system will cause bet size to grow quickly even where a losing sequence is broken by wins. This occurs because as the player loses, the average bet size in the line increases. As with all other betting systems, the average value of this system is negative.
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