The Fibonacci system is named after the Italian Leonardo Pisano. Even though the system itself was first introduced in Indian mathematics, it gained popularity and recognition after Leonardo Pisano, a.k.a. Fibonacci published it in “The Book of Calculations” back in the 13th century.
You have probably already heard about it – often referred to as nature’s number system, it’s a basic sequence of numbers that can be found in many areas of life and science.
Starting with a 0 and then 1 right after it, the sequence continues by adding two previous numbers together to get the third one. 0 plus 1 is 1, 1 plus 1 is 2, 1 plus 2 is 3, 2 plus 3 is 5, and so on.
0 1 1 2 3 5 8 13 21 34 55 89 144 233 377 610……
Using the Fibonacci System in Betting
You might be wondering how this could turn into a betting system. Basically, it’s a negative progression betting system that’s easy to understand and apply in real life.
The Fibonacci system can be applied when playing roulette, baccarat, blackjack or other similar games as a money management tool. It can even be practiced in sports betting.
Do not forget that proper money management is crucial while using this system. The standard stake should be around 2% of your bankroll and you should never go higher than 5%.
Basic Rules of the Fibonacci Betting System
There are only 3 rules basic rules you need to know to start playing the Fibonacci system.
Rule no.1 – one betting unit for the start
The very first bet should always be one single betting unit. Although the original Fibonacci sequence starts at 0, it should be ignored. If your bankroll for the game is $100, then the optimal single betting unit should be $1 – this is your first wager.
Rule no.2 – move to the next number after a loss
That is plain simple – after you lose a wager, just move to the next number in the sequence. If your $1 (one betting unit) bet lost, you just move to the next unit which is one again. If you lose that one too, you move to the next one which is 2 betting units, thus your bet should be $2.
Rule no.3 – two numbers down after a win
Another straightforward rule – move two numbers down in the sequence after a win. So if you won with a stake of 89 units, move down two numbers and bet 34 units next round.
However, if you have not moved at least two numbers in the sequence until the win, you just start at the beginning once again. In addition, you have to start at the beginning if at any time you are in profit for a cycle.
This last rule requires keeping track of how much you are winning/losing in every cycle of the Fibonacci system. In case you are playing online, just write down your real-time statistics. It might be a little bit more complicated while playing in a live casino because you will have to memorize it.
Can You Trust the Fibonacci System?
We must highlight that the Fibonacci betting system is definitely defective. Yes, it can improve your chances of winning on some scale, but you should not rely on it as a flawless moneymaking machine.
Eventually the stakes will get so high that you will lose your bankroll or reach the table-betting limit. So the answer is no, you cannot trust the Fibonacci System. However, you can use the system while gambling with a small amount of money – the sum of money you would not mind losing. It will help to keep the discipline and stay on the track of the game.