The Paroli strategy is a betting system used to maximize profits while minimizing risks. The main idea behind the Paroli is to increase your bet after every win up to a set limit. The goal is to double your stake for three winning bets consecutively. For example, if you start with a $10 bet and win, you bet $20 on the next round. If you win again, you bet $40 on the third round. Still, if you lose at any point, you go back to your original bet of $10 and start again.