Fibonacci System

The Fibonacci system is a negative progression betting system, meaning it involves increasing your stakes following a losing wager.

Theory is that doing this will help you win money, as you’re likely to have higher stakes on winning wagers than you are on losing wagers.

Fibonacci sequence got it’s name from Leonardo Pisano (c. 1170. – c.1250.) commonly known as Fibonacci. He was Italian mathematician from Pisa.

It’s after him that the Fibonacci sequence is named.

This sequence starts with zero and then a one, and each subsequent number is the sum of the previous two numbers. It can go infinitely.

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

Fibonacci system is usually used when placing even money bets in the casino. It is commonly used by roulette players on the outside bets, such as red or black, or odd or even. Craps players can use it on the pass or don’t pass wagers. It can also be used playing blackjack or baccarat, or for even money wagers in sports betting.

If you’re using Fibonacci system there are three rules to follow

1. Start with One Betting Unit – Your first wager in each cycle should always be one single betting unit. This is because, ignoring the zero, one is the first number in the Fibonacci sequence. So if you’d decided that you were going to stake $5 per unit, your first wager would be for $5.
2. Start With One Unit – Following a losing wager, you should move to the next number in the sequence for calculating the required stake. So, after losing your first wager, you’d move to the second number one in the sequence. That’s how many betting units you stake for your second wager. If you lost that one too, you’d move to the next number in the sequence. That’s a two, so you’d stake two units. Assuming $5 per unit again, the required stake is now $10

This rule applies after every loss. You always move to the next number in the sequence, so you’re always increasing the stakes following a losing wager.

3. Move Down the Sequence After a Win – Following a winning wager, you should move down TWO numbers in the sequence. So if you won after staking 13 units, for example, you’d stake just five units on the next wager. If you won after betting 55 units, on your next wager you would stake 21 units.

This rule applies after every win, with the following two exceptions.

• If you haven’t moved up at least two numbers in the sequence before winning, then you simply start at the beginning again.
• You start at the beginning of the sequence if at any point you are in profit for a cycle.

Fibonacci system does nothing to improve your overall chances of winning in the casino. It can help you win money in the short term, or even over a longer period of time if you manage to keep avoiding a lengthy losing streak, but it is ultimately flawed.

Even though you go back two steps when you win and only go up one when you lose, there is still every chance that the stakes will get so high that you run out of money or hit the maximum bet allowed at the table.