The Fibonacci Gambling System

The Fibonacci System is based on the Fibonacci Sequence developed by the Italian mathematician Leonardo Pisan, born in Pisa in 1170.

The Fibonacci Gambling System

The Fibonacci System is based on the Fibonacci Sequence, developed by the Italian mathematician Leonardo Pisan, born in Pisa in 1170.

The sequence goes as follows: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144 and so on.

As you have probably figured out, the next number in the series is simply the sum of the previous two numbers. When playing The Fibonacci System, you start betting one unit on an even-money bet. If the first bet is won, then there is no sequence, and you start from scratch again by betting 1 unit. If the first bet is lost, then you write down 1 on a piece of paper.

The next number in the sequence represents the size of the next bet. For example, the next bet will be 1 unit. If you lose again, then the next bet will be 2 units. When you win, you will cross out the last two numbers in the sequence. The sequence is finished when all the numbers are crossed out. You can see an example in the table. This example shows that you have lost 5 spins and won only 3. This gives you an accumulated win, which is the good thing about this system.

Bet & Outcome: Fibonacci Sequence: Accumulated Loss/Win:
Bet 1 unit and lose 1 -1 unit
Bet 1 unit and lose 1-1 -2 units
Bet 2 units and lose 1-1-2 -4 units
Bet 3 units and lose 1-1-2-3 -7 units
Bet 5 units and win 1-1-x-x -2 units
Bet 2 units and lose 1-1-2 -4 units
Bet 3 units and win 1-x-x -1 unit
Bet 1 unit and win End of sequence +1 unit
The sequence has been won and you start from scratch again.

The Fibonacci system is less aggressive (see table below). It will take a longer row of losses to wipe you out than when using the Martingale System. However, again it will not earn you a profit in the long run. Eventually, a row long enough to wipe you out will appear.

Fibonacci vs. Martingale
Losses In A Row: Fibonacci bet size: Fibonacci accumulated loss: Martingale bet size is: Martingale accumulated loss:
1 1 unit 1 unit 1 unit 1 unit
2 1 unit 2 units 2 units 3 units
3 2 units 4 units 4 units 7 units
4 3 units 7 units 8 units 15 units
5 5 units 12 units 16 units 31 units
6 8 units 20 units 32 units 63 units
6 8 units 20 units 32 units 63 units
7 13 units 33 units 64 units 127 units
8 21 units 54 units 128 units 255 units
9 34 units 88 units 256 units 511 units
10 55 units 143 units 512 units 1023 units
11 89 units 232 units 1024 units 2047 units

The Fibonacci System is less aggressive, which is why it takes more than a single win to make up for a row of losses.

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