Those who like to play table games are always trying to find the best betting strategy to increase their chances to win. Probably, every roulette player knows about the Martingale System and Oscar’s Grinding System, but there is a strategy that is one of the simplest ways to win. We present to you the Fibonacci betting system.
Fibonacci Betting System Overall
Also known as a negative progression system, it works by increasing your wagers when you lose a bet, according to the Fibonacci sequence. It is one of the simplest betting systems and you could be very successful if you learn the simple rules.
The main idea of this system is that as long as you keep wagering larger amounts despite a loss, you will eventually win back your last two losing bets.
Fibonacci Sequence Explanation
Before you start using this system you have to know how the Fibonacci sequence works. Namely, it is very simple. Each number in the sequence is the sum of the two previous numbers in the sequence and each number represents a betting unit.
Example: 1,1, 2, 3, 5, 8, 13, 21, 34, 55…
When you pick a singular betting and place a wager, you go up or down the sequence depending on whether you win or lose your wager. When you lose a bet, you move up the sequence, if you lose the next bet then you move up the sequence again and bet the next amount of money in the sequence. If you win on the wagers, you have to move down two numbers in the sequence and do this step every single time you win a bet.
Who is Fibonacci?
This betting system was named after the Italian mathematician Leonardo Pisano, also known as Leonardo of Pisa and Leonardo Bonacci. The name he is commonly called, Fibonacci, was made up in 1838 by the Franco-Italian historian Guillaume Libri and is short for filius Bonacci (‘son of Bonacci’).
The Fibonacci sequence was first published in his book “Liber Abaci” in 1202.
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