If there is any betting system that you must not ignore when you are looking for a good betting system to improve your chances, it is the Fibonacci gambling system.
This system was invented by a great mathematician and has been used for centuries. You are likely to find most people using this system. In fact, there have been some Hollywood movies where they used Fibonacci betting system. This system is backed up by mathematics and that is what makes it very effective.
It is often said that mathematicians are good at casinos. A mathematician who knows nothing about gambling can easily become good using his superior maths skills. A proof of this is the famous MIT Blackjack team who were taught to how to accurately count cards in their heads without flaw. Again, Fibonacci gambling system is another proof that mathematicians are great at casinos.
What is Fibonacci Gambling System?
Fibonacci is a gambling system that dates back almost 900 years and it is based on a naturally occurring mathematical sequence. For years, casino-lovers have used this naturally occurring sequence as a basis for winning games. As of today, Fibonacci still ranks as the most-preferred strategy by Roulette players. However, this can also be used in other casino games such as baccarat, craps, and even to predict a soccer game.
Fibonacci was invented by a famous mathematician known as Leonardo Pisano Bigollo and it is built around a sequence of numbers. This sequence begins with 0 and 1 and can go on to infinity. However, most of the numbers in Fibonacci sequence are naturally occurring. Unlike most betting systems that exists today, Fibonacci system is considered to be a very low-risk system.
How Does Fibonacci System Work?
This betting system is very popular for even money wagers in casinos. Since Fibonacci is a negative progression system, it, therefore, implies that players will have to increase their bet with every loss and reduce it with every win. The logic behind this system is that a player will have to win a larger amount of money on the winning stakes compared to the money they will lose.
Although this system makes use of Fibonacci sequence, it totally ignores zero which is the first number in the line. As a player, you are free to determine the size of your wager. However, for the sake of simplicity, players are advised to use $1 as betting unit.
Bets are made following Fibonacci progression. When a player wins the first bet, he will have to keep the stake the same. In case he loses, the next stake will have to amount to the next number in the sequence of numbers. A player will continue to increase the stake if he continues losing. If the player manages to break the losing streak and generate a win, he will need to go back two numbers in their Fibonacci sequence. On the other hand, if a player manages to end up in profit at any point in the game, he will have to go back to the beginning of the sequence.
The Fibonacci sequence of numbers starts with a zero and one. Looking at the number, you will notice that each subsequent number is the sum of the previous two numbers. The number can go on infinitely. The first fifteen numbers in Fibonacci sequence appear as follows:
0, 1, 2, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377
Fibonacci system is commonly used by roulette players on the outside bets like red or black, or odd or even.
Advantages of Fibonacci System
The great thing about this system is that it can work at any point in the game. Every number in the sequence is the sum of the previous two numbers in the line.
The system looks a lot like the Martingale system. It is easy and fun to use. Besides, it is considered less risky compared to other betting systems.
Disadvantages of Fibonacci System
Just like other negative progression systems, a player is likely to go on a long losing streak at some point in the game.
Does the Fibonacci System Work?
This betting system was invented to increase your chances of winning big at casino games. However, it should be noted that the system does nothing to improve your overall chance but it can help you win money in the short term. You can also use Fibonacci system to win money in a longer period if you can be able to avoid a long losing streak.
The system demands that you go two steps back when you win and one step when you lose. However, there is still a chance that a player might go so high that he will run out of money or in some cases, reach the maximum bet allowed at the casino. Overall, the system is flawed and must be used with utmost care. Despite this, there are some people who have used Fibonacci with some degree of success. Just make sure that you know what you are doing and you remain disciplined anytime you choose to use this betting system.
If you are interested in some other gambling systems make sure to read our other articles:
- D’alambert Gambling System
- Labouchere Gambling System
- Parlay Gambling System