What is the Labouchere Betting System?

For example, at the blackjack table this would mean that for every time the dealer wins a hand, you will roughly win the same amount of hands. 

Understanding the Labouchere Betting System

Using this line of numbers, you then take the far left number and the far right numbers, add them together and this forms the amount you need to bet on a single hand of blackjack. 

• If you can cover the left-hand number then you must risk this amount. If you win then you should cross off the number. Conversely, if you lose you add that number to the right-hand side of the line. 
• If you can't cover any bet then wager what you can and if you win then subtract that amount from number on the left. Additionally, if you lose then you must quit the game.

Applying Labouchere at the Blackjack Table

• You start with 1 1 1 1 1 1 1 1 1 1.
• You then wager two units and win, cross off the 1 on the left and right, leaving 1 1 1 1 1 1 1 1.
• You then wager another two units and lose, adding a 2 to the right, leaving 1 1 1 1 1 1 1 1 2.
• You then wager three units (1+2) and lose again, adding a 3 to the right, leaving 1 1 1 1 1 1 1 1 2 3.
• You then wager four units (1+3) and win, crossing off the 1 on the left and the 3 on the right, leaving 1 1 1 1 1 1 1 2.