Fibonacci Betting System Explained: Fibonacci System Betting Tips

What is the Fibonacci Betting System?

When you first hear about the Fibonacci betting system, it may appear complicated. But as with any negative progression betting system, a little practice will show you how easy it is to use.

The idea of the Fibonacci Betting System is that you will increase your bet size whenever you lose a wager.

By doing this, you hope to make back the money you just lost. And that is where the negative progression title comes from. We increase our stake size whenever we have a negative result. There are many systems that apply this principle. But using the Fibonacci Betting System requires a thorough understanding of a few concepts. This guide will break it into 4 simple rules that will help you use this system right away. But, as with any betting system, make sure you understand the pros and cons of using it.

History of the Fibonacci Sequence

The Fibonacci sequence is named after an Italian mathematician called Fibonacci. He introduced the sequence to the West at the start of the 13th century. But evidence suggests that Indian mathematics described it as early as 200 BC. This sequence of numbers appears unexpectedly in mathematics and nature. You can find this sequence in the branching of a tree or the arrangement of its leaves. If you examine a pineapple or a pine cone, you will see the Fibonacci sequence in action. Many famous architects also use this sequence to design buildings and window dimensions.

How the Fibonacci Sequence Works

The Fibonacci sequence is a sequence of numbers that begins with 0 and 1. Each new number derives from the two numbers preceding it. So the third number in the sequence will be 0 + 1, giving us 1. The fourth number will be 1 + 1, to give us 2, and so on. Following this principle, the first ten numbers in the sequence are 0, 1, 1, 2, 3, 5, 8, 13, 21, and 34. And the sequence continues like this. As you progress in the Fibonacci sequence, the numbers begin to get very large.

How to Use the Fibonacci Sequence Formula in Betting

Example of The Fibonacci Sequence Formula when Applied to Sports Betting

Now that we have the Fibonacci betting system explained, we need to know the right time to use it. You should apply the strategy on bets where you have a 50% chance of winning or losing. In simple terms, we are looking for games that mimic the toss of a coin. Many bettors use the strategy at the baccarat table or when playing roulette. But with sports betting, it can be a little harder to find 50/50 odds. So the key to using the system is to find a wager that gets you closest to the 50% threshold, such as a draw in football or markets with only two outcomes where the odds are close to 50/50.

Other Uses of The Fibonacci Sequence Formula

The Fibonacci sequence has many uses. It is best reserved for use in instances when there is a 50/50 chance. For this reason, people regularly use the system when playing table casino games.

Conclusion

Using the Fibonacci Betting System is a different way to approach sports betting. It helps you manage your bankroll and can allow you to stay at a game for a longer period than simply betting randomly. Applying the system is easy, and you will be comfortable using it after a few minutes of practice. The only downside is that it is a progressive betting system, so your bet size can increase quickly. But as long as you can keep increasing your stake accordingly in the game, you will recover over time. However, the process is slow as you will only win a small number of units each session. But if you wish to spend a long time at the craps table, for instance, this is a great system to use. But remember, as with other progressive betting systems you need a big enough bankroll to cover a series of losing bets.

Fibonacci Betting System FAQ