As you can see, this time we are cashing our winnings when the color has repeated 4 times, or when we have won 3 consecutive times. In Table 2, the first collecting of winnings occurs at sequence 7, giving us a boost to our profit to +$60. This was due to color Black repeating 4 times. It actually goes on repeating up to 6 times. But we were to stop at 3 winnings according to our initial decision. During those additional times that Black shows up, we don't place any bets, until Black is replaced by Red in sequence 11. So, in sequence 12, we place our chip on the Red. Red wins once as it repeats. But then Black shows up and we lose our chip. As Red returns in sequence 14, we place our chip on Red in sequence 15. This time it does repeat 4 times and we collect the 8 chips from the table in sequence 17. This brings our overall profit to +$110 from $30. Then we encounter a long losing streak all the way to sequence 59, lowering our net to minus $120 before the next 3 consecutive winnings at sequences
60-62.

Our bankroll becomes as low as -$160 in sequence 84. And it takes another 40 sequences before it goes to the positive side again. Then it goes down again to minus $100 at sequence 135. Then we encounter a few winning streaks, which brings our profits up to a peak of $230 in sequence 181.

Those up and down fluctuations are normal in this type of betting, as you are waiting for 3 consecutive winnings before you make a substantial profit of $70. Wait until you witness the simulation for 6 consecutive winnings, the wait time will be much longer and the bankroll required will be much higher, despite the fact that you are betting 1 chip at a time. It becomes similar to a slot machine strategy, where you keep betting one coin until you hit the jackpot. Except that in Roulette, this jackpot is likelier to occur than in slots, as 7, 8 or 9 repeats of the same color happens often enough. Imagine 7 repeats will give you 128 chips with a profit of $1270 ($1280-$10). 8 repeats will give you 256 chips, with a profit of $2560. Say if this occurs within 150 spins, it may be worthwhile to invest $1500 to gain $2560.

In any event, you can see the benefits of multiplying profits with an investment of only 1 chip at a time, the exact opposite
of a Martingale system, where you only win 1 chip by investing 128, 256 or 512 chips if the progression doesn't end. The other benefit of Winning Parlays is that you can quit anytime you like, without interrupting any progression. At Martingale you feel you need to go on to gain that unit and if you interrupt the progression you are facing unrecoverable losses.

Coming back to Table 2 above, winning 3 times consecutively occurs more frequently than winning 4 times consecutively.
However, the profit is reduced to $80-$10=$70 instead of $150. On Table 1, winning 4 times in a row happened 7 times, where we profited 15 chips every time (winnings amounting to $150 X 7 =$1050). In Table 2, winning 3 times in a row happened 13 times, where we profited 7 chips every time (winnings amounting to $70 X 13 = $910). So you can start to draw some conclusions.

Our next simulation in Table 3 below will show what happens if we wait for 6 repeats or 5 consecutive winnings.

Table 3

Sequence# Number Red/Black Bet Black or Red Win/Lose Win Streak Bet Cash Net
1           10      B
2            9      R                B         L         0      $10 -$10 -$10
3           00      G                R         L         0      $10 -$10 -$20
4           25      R           No bet                   0      $0   $0  -$20
5            6      B                R         L         0      $10 -$10 -$30
6           24      B                B         W         1      $10 -$10 -$40
7            7      R                B         L         0      $0   $0  -$40
8           15      B                R         L         0      $10 -$10 -$50
9 20 B B W 1 $10 -$10 -$60
10 15 B B W 2 $0 $0 -$60
11 29 B B W 3 $0 $0 -$60
12 14 R B L 0 $0 $0 -$60
13 8 B R L 0 $10 -$10 -$70
14 17 B B W 1 $10 -$10 -$80
15 18 R B L 0 $0 $0 -$80
16 5 R R W 1 $10 -$10 -$90
17 21 R R W 2 $0 $0 -$90
18 29 B R L 0 $0 $0 -$90
19 22 B B W 1 $10 -$10 -$100
20 35 B B W 2 $0 $0 -$100
21 22 B B W 3 $0 $0 -$100
22 17 B B W 4 $0 $0 -$100
23 2 B B W 5 $0 $320 $220
24 6 B No bet 6 $0 $0 $220
25 32 R B L 0 $0 $0 $220
26 0 G R L 0 $10 -$10 $210
27 32 R No bet L 0 $0 $0 $210
28 19 R R W 1 $10 -$10 $200
29 32 R R W 2 $0 $0 $200
30 23 R R W 3 $0 $0 $200
31 19 R R W 4 $0 $0 $200
32 14 R R W 5 $0 $320 $520
33 17 B No bet 0 $0 $0 $520
34 15 B B W 1 $10 -$10 $510
35 6 B B W 2 $0 $0 $510
36 7 R B L 0 $0 $0 $510
37 33 B R L 0 $10 -$10 $500
38 12 R B L 0 $10 -$10 $490
39 8 B R L 0 $10 -$10 $480
40 7 R B L 0 $10 -$10 $470
41 00 G R L 0 $10 -$10 $460
42 32 R No bet 0 $0 $0 $460
43 27 R R W 1 $10 -$10 $450
44 18 R R W 2 $0 $0 $450
45 34 R R W 3 $0 $0 $450
46 13 B R L 0 $0 $0 $450
47 9 R B L 0 $10 -$10 $440
48 5 R R W 1 $10 -$10 $430
49 16 R R W 2 $0 $0 $430
50 10 B R L 0 $0 $0 $430
51 36 R B L 0 $10 -$10 $420
52 00 G R L 0 $10 -$10 $410
53 21 R No bet 0 $0 $0 $410
54 31 B R L 0 $10 -$10 $400
55 32 R B L 0 $10 -$10 $390
56 20 B R L 0 $10 -$10 $380
57 33 B B W 1 $10 -$10 $370
58 11 B B W 2 $0 $0 $370
59 31 B B W 3 $0 $0 $370
60 29 B B W 4 $0 $0 $370
61 31 B B W 5 $0 $320 $690
62 20 B No bet 6 $0 $0 $690
63 12 R B L 0 $0 $0 $690
64 8 B R L 0 $10 -$10 $680
65 16 R B L 0 $10 -$10 $670
66 24 B R L 0 $10 -$10 $660
67 6 B B W 1 $10 -$10 $650
68 0 G B L 0 $0 $0 $650
69 16 R No bet 0 $0 $0 $650
70 13 B R L 0 $10 -$10 $640
71 3 R B L 0 $10 -$10 $630
72 27 R R W 1 $10 -$10 $620
73 20 B R L 0 $0 $0 $620
74 10 B B W 1 $10 -$10 $610
75 23 R B L 0 $0 $0 $610
76 8 B R L 0 $10 -$10 $600
77 7 R B L 0 $10 -$10 $590
78 24 B R L 0 $10 -$10 $580
79 5 R B L 0 $10 -$10 $570
80 25 R R W 1 $10 -$10 $560
81 16 R R W 2 $0 $0 $560
82 2 B R L 0 $0 $0 $560
83 30 R B L 0 $10 -$10 $550
84 17 B R L 0 $10 -$10 $540
85 11 B B W 1 $10 -$10 $530
86 13 B B W 2 $0 $0 $530
87 6 B B W 3 $0 $0 $530
88 24 B B W 4 $0 $0 $530
89 6 B B W 5 $0 $320 $850
90 19 R No bet 0 $0 $0 $850
91 5 R R W 1 $10 -$10 $840
92 4 B R L 0 $0 $0 $840
93 20 B B W 1 $10 -$10 $830
94 3 R B L 0 $0 $0 $830
95 8 B R L 0 $10 -$10 $820
96 34 R B L 0 $10 -$10 $810
97 0 G R L 0 $10 -$10 $800
98 31 B No bet 0 $0 $0 $800
99 10 B B W 1 $10 -$10 $790
100 13 B B W 2 $0 $0 $790
101 15 B B W 3 $0 $0 $790
102 3 R B L 0 $0 $0 $790
103 16 R R W 1 $10 -$10 $780
104 32 R R W 2 $0 $0 $780
105 35 B R L 0 $0 $0 $780
106 19 R B L 0 $10 -$10 $770
107 6 B R L 0 $10 -$10 $760
108 24 B B W 1 $10 -$10 $750
109 7 R B L 0 $0 $0 $750
110 2 B R L 0 $10 -$10 $740
111 2 B B W 1 $10 -$10 $730
112 18 R B L 0 $0 $0 $730
113 00 G R L 0 $10 -$10 $720
114 14 R No bet 0 $0 $0 $720
115 35 B R L 0 $10 -$10 $710
116 25 R B L 0 $10 -$10 $700
117 1 R R W 1 $10 -$10 $690
118 6 B R L 0 $0 $0 $690
119 17 B B W 1 $10 -$10 $680
120 23 R B L 0 $0 $0 $680
121 14 R R W 1 $10 -$10 $670
122 1 R R W 2 $0 $0 $670
123 0 G R L 0 $0 $0 $670
124 34 R No bet 0 $0 $0 $670
125 31 B R L 0 $10 -$10 $660
126 31 B B W 1 $10 -$10 $650
127 18 R B L 0 $0 $0 $650
128 18 R R W 1 $10 -$10 $640
129 17 B R L 0 $0 $0 $640
130 21 R B L 0 $10 -$10 $630
131 18 R R W 1 $10 -$10 $620
132 17 B R L 0 $0 $0 $620
133 24 B B W 1 $10 -$10 $610
134 26 B B W 2 $0 $0 $610
135 00 G B L 0 $0 $0 $610
136 25 R No bet 0 $0 $0 $610
137 7 R R W 1 $10 -$10 $600
138 25 R R W 2 $0 $0 $600
139 4 B R L 0 $0 $0 $600
140 30 R B L 0 $10 -$10 $590
141 23 R R W 1 $10 -$10 $580
142 3 R R W 2 $0 $0 $580
143 20 B R L 0 $0 $0 $580
144 25 R B L 0 $10 -$10 $570
145 17 B R L 0 $10 -$10 $560
146 7 R B L 0 $10 -$10 $550
147 11 B R L 0 $10 -$10 $540
148 29 B B W 1 $10 -$10 $530
149 15 B B W 2 $0 $0 $530
150 12 R B L 0 $0 $0 $530
151 15 B R L 0 $10 -$10 $520
152 24 B B W 1 $10 -$10 $510
153 10 B B W 2 $0 $0 $510
154 13 B B W 3 $0 $0 $510
155 24 B B W 4 $0 $0 $510
156 8 B B W 5 $0 $320 $830
157 22 B No bet 6 $0 $0 $830
158 7 R B L 0 $0 $0 $830
159 31 B R L 0 $10 -$10 $820
160 16 R B L 0 $10 -$10 $810
161 24 B R L 0 $10 -$10 $800
162 00 G B L 0 $10 -$10 $790
163 20 B No bet L 0 $0 $0 $790
164 14 R B L 0 $10 -$10 $780
165 21 R R W 1 $10 -$10 $770
166 32 R R W 2 $0 $0 $770
167 36 R R W 3 $0 $0 $770
168 25 R R W 4 $0 $0 $770
169 10 B R L 0 $0 $0 $770
170 29 B B W 1 $10 -$10 $760
171 1 R B L 0 $0 $0 $760
172 18 R R W 1 $10 -$10 $750
173 14 R R W 2 $0 $0 $750
174 22 B R L 0 $0 $0 $750
175 1 R B L 0 $10 -$10 $740
176 29 B R L 0 $10 -$10 $730
177 16 R B L 0 $10 -$10 $720
178 14 R R W 1 $10 -$10 $710
179 8 B R L 0 $0 $0 $710
180 22 B B W 1 $10 -$10 $700
181 12 R B L 0 $0 $0 $700
182 32 R R W 1 $10 -$10 $690
183 22 B R L 0 $0 $0 $690
184 23 R B L 0 $10 -$10 $680
185 20 B R L 0 $10 -$10 $670
186 34 R B L 0 $10 -$10 $660
187 32 R R W 1 $10 -$10 $650
188 36 R R W 2 $0 $0 $650
189 16 R R W 3 $0 $0 $650
190 2 B R L 0 $0 $0 $650
191 36 R B L 0 $10 -$10 $640
192 32 R R W 1 $10 -$10 $630
193 28 B R L 0 $0 $0 $630
194 16 R B L 0 $10 -$10 $620
195 34 R R W 1 $10 -$10 $610
196 35 B R L 0 $0 $0 $610
197 20 B B W 1 $10 -$10 $600
198 33 B B W 2 $0 $0 $600
199 26 B B W 3 $0 $0 $600
200 0 G B L 0 $0 $0 $600