The Labouchere betting system is a negative progression system designed to make up for previous losses through several small winnings. From this description alone, gamblers might immediately find this as a complicated betting system to understand.
Gamblers must start with any sequence of numbers, like 1, 2, 3, 4, 5, 6, 7. The first bet made should be the first and last number’s total value of $1 and $7 and bet $8, then remove the said values from the sequence when they win. They go back to adding the first, and last number from the remaining numbers then continue betting as such until they complete the sequence.
If gamblers lose in the sequence, they should add another number in the sequence and restart. The same goes for when bettors win; they should add another number when they win.