Fibonacci Betting System

casino-strategiesThe Fibonacci Betting System is a negative progression betting strategy, that can be used literally at any casino game, including blackjack, roulette, baccarat, craps, and also for making even money wagers in sports betting.

The betting system is built around the Fibonacci Sequence of numbers, which was invented by one of the most famous mathematicians in the world – Leonardo Pisano Bigollo. It is based on a sequence of numbers where every new number equals the sum of the previous two numbers. The mathematical sequence starts with 0 and 1 and can go on literally forever. The numbers from the original Fibonacci sequence play a greatly important part in many aspects of contemporary life and is normally referred to as “nature’s” number system.

Currently, the Fibonacci negative progression system is used primarily in table casino games such as roulette, blackjack and craps.

The system could also be used with even money bets that pay 1-1 and have a relative chance of winning estimated to 50/50. The Fibonacci betting system is considered a very low risk system.

How Does the System Work?

As explained above, the Fibonacci betting system is used primarily when it comes to even money wagers in the casino. It is a negative progression system that means that the player is supposed to increase their bet every time they lose, and reduce it every time they win. The main idea of the system is that players are expected to win a larger amount of money on the winning stakes in comparison to the money they will lose.

The system uses the main principle of the original mathematical Fibonacci sequence, but the first number in the line – the zero – is ignored. Every player is free to determine the wager size, but in order to keep things more simple, players are recommended to use a betting unit of $1. This is normally the first bet made by following the Fibonacci progression. Then, if the player wins, they keep their stake the same. If they lose, the next stake should amount to the next number in the numbers sequence.

If the player keeps losing, they need to proceed increasing the stake. When the losing streak is broken and the player manages to generate a winning, they need to go back two numbers in their Fibonacci sequence. In addition, if at any point of the game the player end up in profit, they go back to the beginning of the sequence.

Advantages

The truth is that no matter how strange it may sound, the system actually works at any point of the game, as it never deviates from the original Fibonacci formula. Each number in the sequence amounts to the sum of the previous two numbers in the line, and that’s all.

In addition, the system is fun to use and might seem like the Martingale System. Probably the best thing about the system is the fact that the bet does not climb as quickly as the one in other systems, such as the Martingale, which makes it less aggressive to the player’s bankroll. This makes it preferable in comparison to other negative progression systems, but still it is not something that is recommended to players who seek anything more than fun.

Disadvantages

It is true that the Fibonacci betting system does have some disadvantages, as any other betting system. The greatest disadvantage of the system is considered the fact that a very large amount of money could be lost in case of a bad run of luck and multiple losses.

Another problem is that the Fibonacci system is basically similar to any other negative progression – at some point of the gameplay the player is very likely to go on a long losing streak, while the bets get too high.

The Fibonacci Betting System in Blackjack

When it comes to using a system while playing blackjack, the Fibonacci progression is one of the most-commonly used ones, as it is quite straightforward and relatively simple.

The blackjack player begins with a bet of one unit, which amounts to the first number of the Fibonacci sequence. The next number of the Fibonacci sequence is normally the next bet in case that the player is losing. Some experts claim that the Fibonacci betting system is not appropriate for playing blackjack, as the method is not especially designed for this game. Still, it is one of the most-preferred ones among players all over the world.

Blackjack dealer showing a AJ 21 hand.

Advantages of Fibonacci Betting System in Blackjack

Probably the greatest advantage of the Fibonacci Betting System is the fact that it is considered less aggressive in comparison to other negative progression systems, such as the Martingale Betting System, for example. As mentioned earlier, the player is required to increase their bet when they are losing, and reduce it when winning.

In addition, the stakes do not increase drastically too quickly, which is great, as players are provided with the opportunity to enjoy themselves and not think about losing their entire bankroll.

Disadvantages of Fibonacci Betting System in Blackjack

The main disadvantage of the Fibonacci betting system is that it is hard to make large profits by using it. This is a system used primarily for making even bets.

The Fibonacci Betting System in Roulette

As the Fibonacci betting system is less aggressive compared to other methods, it is one of the most-liked ones when it comes to playing roulette. The system is related to increasing the bet when losing, and decreasing it when winning.

Using the Fibonacci system when playing at roulette is no different when using it for any other casino game. The sequence is created by summing up the two previous numbers to form the next one. As the system is a negative progression, the player needs to boost their bet as long as they are losing, and reduce it when winning. When a winning is generated, the player needs to start the sequence over again.

playing-roulette

Advantages of Fibonacci Betting System in Roulette

The Fibonacci system is preferred by many roulette players, both beginners and experts, as the stakes do not increase rapidly. The odds are not changing, and the house edge stays the same over the entire gameplay, which is also a positive feature.

Disadvantages of Fibonacci Betting System in Roulette

Because of the fact that the Fibonacci Betting System is not very aggressive, it is considered not very efficient when it comes to recouping the player’s losses, unlike some other systems that usually require one bet only, and help players generate returns that are even a bit larger than the wagered amount.

The Fibonacci Betting System in Baccarat

The Fibonacci betting method is no different than the system used in other casino games when playing at baccarat, too. The main principle of the system is kept the same. In other words, players boost their bets while losing their stakes, and reduce then while winning.

When a win is generated, the player needs to start over again, which is exactly why the Fibonacci system is not considered quite profitable. Once again, the chances of winning or generating a higher win are not increased by using this betting system, but the Fibonacci method is quite popular with baccarat players, especially when casino games have even bets.

baccarat-dealer

Advantages of Fibonacci Betting System in Baccarat

Using a betting strategy, as more specifically, the Fibonacci Betting system, considerably benefits the level of concentration of the player while at the table. Players will be provided with the opportunity to keep their mind cool and not give in to their emotions. Keeping up to the strategy will also help players to participate in shorter gambling sessions, which is considered more sensible.

Disadvantages of Fibonacci Betting System in Baccarat

Probably the largest disadvantage of the system is the fact that players can hardly make a massive win while using the Fibonacci Betting System. Still, is a winning is generated, it will probably permit the player to cover their bets.

The Fibonacci Betting System in Craps

As craps are considered a game of luck, there is hardly any strategy that can help players over the gameplay and make the odds in their favor. The negative Fibonacci betting system is no different, but it is still used at the game of craps. It can also be quite profitable, if the player is smart enough to stick to it and do not change it over the gameplay.

playing-craps

Advantages of Fibonacci Betting System in Craps

As the Fibonacci betting system is considered one of the simplest strategies that can be used for almost any casino game, players are given the opportunity to enjoy their time playing. The stake is not being boosted rapidly, so players can take it easy at the beginning.

Disadvantages of Fibonacci Betting System in Craps

The truth is that players need to generate a winning sooner or later, as at certain point, their stakes will increase tremendously. Unfortunately, the truth is that neither the Fibonacci betting system, nor any other one can save the player in case of a long running losing streak. This is exactly why it is mostly appropriate for shorter gaming sessions.

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