Every serious punter knows you need a plan to make money from football betting. An important part of that plan is to set up a successful betting strategy. In this article, I will show you the best Labouchere football betting strategy and how to use it to your advantage.
What is the Labouchere system?
Betting and mathematics always go hand in hand with the punters trying to gain an edge over the bookmakers. From Martingale, Fibonacci and D’Alembert to Labouchere, all of these systems use defined patterns of betting.
Contrary to popular belief, the Labouchere system was invented by a politician. Henry Labouchere, a British politician and journalist was the one who set up the system. In its origins, this system was used in casino games where the odds of an event to occur were even.
Roulette players are very familiar with the Labouchere system and it is often a part of their game plan to win. Betting on colour (red/black) or on odds and even numbers is one of the most simple ways to apply the Labouchere system.
Since it has similarities with Martingale, the Labouchere betting strategy is also referred to as Split Martingale or the Cancellation System.
How does the Labouchere system work in football betting?
The most important aspect of the Labouchere system is to set up the amount of money you want to earn beforehand. The desired amount will be broken down into a list of numbers that will sum up the predetermined profit.
The strategy is considered to be successful when you have won the pre-set amount of money. If you don’t manage to reach your set goal, it means you have lost the entire bankroll.
In other words:
- for every bet you win, cross 2 numbers from the list (1st and last or the stake).
- for every bet you lose, you add the stake to the end of the list of numbers.
- the stake will always be the sum of of the 1st and the last number from the list.
To illustrate better, let us take a look at the following example.
For a 1000-unit profit, the string of numbers could look like this: 50,100,75,125,100,200,225,125 (1000 total). The stake for each bet will be the sum of the 1st and last numbers from the list: 50+125 = 175 (1st bet’s stake).
In this case, 2 scenarios can occur:
- If the bet is won, you cross the stake numbers from the string (50,125). The new list will look like this: 100,75,125,100,200,225.
- If the bet is lost, you add the stake numbers at the end of the list (50+125 =175). In this case, the list will look like this:50,100,75,125,100,200,225,125,175.
You repeat this process until you reach 1000 in profit. However, if you have a sequence of consecutive bets lost, you might end up losing your entire bankroll. Also, odds play a key role in this strategy but you could get away with an average odds <2.
The best Labouchere betting strategy
As I previously mentioned above, we need a minimum odds of 2 if we aim to gain decent profit from the Labouchere system. Depending on your betting knowledge and what sports you follow you have a few ways to test the Labouchere betting strategy.
If you like to keep it simple go for single bets. Considering the odds requirement of 2 or above, this will be considered a high-risk path if you are not on top of your game.
Building Accumulators by backing top teams is another way to test the best Labouchere football betting strategy. Also, probably the best way to win using the Labouchere system is by using the live betting section of the sportsbook.
Tennis is another sport to bet on using the Labouchere system. A good strategy here will be to bet on a player to win breaks during the entire game. The odds are very high, but you stand a good chance of making a decent profit.
As you have probably noticed, if your list is made up of big numbers, you will end up placing high-stakes bets risking losing your entire bankroll.
How to win single bets using the Labouchere betting strategy
Parma seems to be heading back to Serie A, with a clear dominance displayed in Serie B. The Crusaders fancy playing away from home winning 6 of their 9 matches. Even more impressive is that Fabio Pecchia’s team scored 19 goals on the road.
Backing Parma to win every match played away was at great value this season. Also, The Crusaders performed very well in the Coppa D’Italia knocking out the Serie A side, Lecce.
Using the same example as above when our goal was a 1000 units profit, the list of numbers will be:
- 50,100,75,125,100,200, 225,125.
With a predefined goal of earning 1000 units, we set up the Labouchere list at the top of the table. Parma exceeded all of our expectations this term winning 8 out of their 12 matches played away.
The team managed by Fabio Pecchia won the first 4 games played on the road which led to a total success of the Labouchere betting strategy. Our continuation had us started with a new initial list, looking forward to seeing how far can we go.
After another 5 games played we hit a home run again, needing to restart from scratch. From August until December, Parma was in top form bringing us 3783.25 units in profit translated into more than tripling our initial 1000 units stake.
This proves again that with patience you could earn money in betting. Although the profit is immense, it would have taken us nearly 5 months of patience, dedication, and consistency.
You can apply the best Labouchere football betting strategy using other betting markets. For example betting on full-time results, Asian handicaps, or the goals market. If you are a fan of other sports, you can use our example and test this system in the sport or game you have the most knowledge of.
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