Fibonacci Betting System | Have You Tried It?

If there is a betting system that you should not ignore when looking for an excellent system to beat the house, Fibonacci is one of them. This system was created by one of the most influential mathematicians and has been used for years.

It is pretty likely that when you enter the online casino world as a serious gambler, you will find that most players use this system. In fact, in some Hollywood movies, the famous system is used. As proof of this is the famous Massachusetts Institute of Technology (MIT) team dedicated to counting cards in blackjack.

The Fibonacci system is another proof that mathematics is outstanding in casinos and any game of chance.

What is the Fibonacci Betting System?

The Fibonacci betting system dates back 900 years and is based on a sequence that occurs in nature. For years casino enthusiasts have used this natural sequence as a basis for winning at gambling games.

Today, Fibonacci is still considered one of the best strategies for playing roulette. However, it can also be used in other casino games such as baccarat, craps, and even to predict the outcome of football games in sports betting.

Fibonacci was invented by the famous mathematician Leonardo Pisano Bigollo and consists of a sequence of numbers; this sequence starts with 0 and 1 and tends to infinity. However, most of the numbers in the Fibonacci sequence occur in nature, but, unlike most betting systems, this system is considered low risk.

How Does the Fibonacci System Work?

Since the Fibonacci betting system is a negative progression, players must increase their bet after every loss and decrease it after every win. The logic behind this system is that the player will win a larger amount of money when winning compared to the money they lose.

Players can choose the bet size they wish; however, they bet $1 and use that amount as the betting unit.

Bets follow the Fibonacci progression. When a player places the first bet, he/she must increase the bet by a constant amount. If he/she loses, his/her next bet must be equal to the next number in the sequence. The player will increase the amount if he continues to lose. If the player manages to break the losing streak and win, he/she must move back two numbers in the sequence. On the other hand, if the player manages to generate a win at any point in the game, he/she must go back to the beginning of the sequence.

The Fibonacci sequence starts with 0 and 1. Reviewing the sequence, you will notice that the next number is the sum of the two previous numbers. This happens infinitely. The first 15 numbers of the Fibonacci sequence look like this:

  • 0, 1, 2, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377

This system is frequently used at roulette tables, usually on color or odd/even bets.

Advantages

The best thing about this system is that it can work at any point in the game. The system is quite similar to the Martingale system, it is easy to use and fun, and it is less risky than other systems.

Disadvantages

Like other negative progression systems, players will have to play through a long losing streak before hitting a win.

Does it Work?

This betting system was invented to increase your chances of winning at gambling. However, it should be noted that the system can help you win in the short term and does not consider your winnings during the whole game.

You can also use the Fibonacci system to win money in the long term if you have the financial capacity to overcome long losing streaks.

The system calls for moving two numbers back when winning and one number forward when losing. However, a player can get so far in the sequence that they run out of money or, in some cases, reach the maximum bet size allowed by the casino. Overall, the system contains some flaws and should be used with care. Despite this, some people have used it with some degree of success.

Lukas

Lukas

Head of content

Lukas is one of the leading authors at Casinoble. He entered the casino world through his passion for online poker. Lukas is also a dedicated sports betting fan. At Casinoble, Lukas usually writes about Live Dealer Games, Sportsbetting and Betting Strategies.

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