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As with all other betting systems, the average value of this system is negative. 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. The Labouchere System involves using a series of numbers in a line to determine the bet amount, following a win or a loss. The Labouchère System is a progression betting strategy like the martingale but does not require the gambler to risk their stake as quickly with dramatic double-ups. The system creates a false feeling of eliminating the risk of betting more when losing, but, in reality, it has the same problem as the martingale strategy.
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