A Guide To The Fibonacci System
Table of Contents
History of the Fibonacci Sequence
The Fibonacci sequence was named after the Italian mathematician Leonardo Fibonacci, who introduced it to the Western world in his book “Liber Abaci” in the 13th century. The Fibonacci sequence has many interesting properties and has been studied by mathematicians for centuries.
How the Fibonacci Sequence Works
To use the Fibonacci betting system, you would start by making a small bet. If you win, you would return to your original bet size for the next bet. If you lose, you would increase your bet size according to the Fibonacci sequence.
For example, let’s say you start by betting R10 on your first bet. If you win, you would return to your original bet size of R10 for the next bet. If you lose, you would increase your bet to R10 + R10 = R20 for the next bet. If you lose again, you would increase your bet to R20 + R10 = R30 for the next bet. This process would continue until you finally win, at which point you would return to your original bet size of R10.
The goal of the Fibonacci betting system is to minimise losses during losing streaks and take advantage of winning streaks. However, it is important to keep in mind that the Fibonacci system is a negative progression system, which means that your bet size increases after a loss. This can be risky if you are not careful, as you may end up betting more than you can afford to lose. It is always a good idea to gamble responsibly and within your means.
How to Use the Fibonacci Sequence Formula in Betting
To use the Fibonacci betting system, you would start by making a small bet. If you win, you would return to your original bet size for the next bet. If you lose, you would increase your bet size according to the Fibonacci sequence.
Here’s an example of how the Fibonacci betting system would work:
Bet R10 and lose.
Bet R10 + R10 = R20 and lose.
Bet R20 + R10 = R30 and lose.
Bet R30 + R20 = R50 and lose.
Bet R50 + R30 = R80 and win.
In this example, you would return to your original bet size of R10 after winning on the fifth bet. If you lose again, you would continue to follow the Fibonacci sequence until you finally win again.
Casino Games Uses of The Fibonacci Sequence Formula
The Fibonacci betting system can be used in a variety of gambling games, including roulette and blackjack. Here’s a look at how the Fibonacci system can be used in these two popular casino games:
Fibonacci System for Roulette
To use the Fibonacci system in roulette, you would follow the same basic steps as in other gambling games. You would start by making a small bet on a single number or a group of numbers. If you win, you would return to your original bet size for the next spin. If you lose, you would increase your bet size according to the Fibonacci sequence.
For example, let’s say you start by betting R1 on red. If the ball lands on red, you would win and receive a payout of R1 (plus your original bet). According to the Fibonacci system, you would return to your original bet size of R1 for the next spin. If you lose again, you would increase your bet to R1 + R1 = R2 on red for the next spin. If you lose again, you would increase your bet to R2 + R1 = R3 on red for the next spin. This process would continue until you finally win, at which point you would return to your original bet size of R1.
Fibonacci System for Blackjack
The Fibonacci system can also be used in blackjack, although it is a bit more complicated than in roulette. In blackjack, the goal is to get a hand with a value as close to 21 as possible, without going over.
To use the Fibonacci system in blackjack, you would follow the same basic steps as in other gambling games. You would start by making a small bet. If you win, you would return to your original bet size for the next hand. If you lose, you would increase your bet size according to the Fibonacci sequence.
For example, let’s say you start by betting R10 on your first hand. If you win, you would return to your original bet size of R10 for the next hand. If you lose, you would increase your bet to R10 + R10 = R20 for the next hand.
Conclusion
The Fibonacci betting system is a negative progression system that involves increasing your bet size after a loss and returning to your original bet size after a win. The bet size is determined by following the Fibonacci sequence, which is a series of numbers in which each number is the sum of the two preceding numbers. The Fibonacci system can be used in a variety of gambling games, including roulette and blackjack.
While the Fibonacci system may be tempting to try, it is important to keep in mind that it is a form of gambling and carries some level of risk. The Fibonacci system is based on the assumption that you have a 50/50 chance of winning and that you have an unlimited bankroll, which are not realistic assumptions in the long run.
