Fibonacci betting system

The Fibonacci betting system is based on the Fibonacci sequence, the famous series of numbers created by Leonardo Bonacci, a mathematician from Pisa. The Fibonacci sequence is a series of numbers were each new number is the sum of the previous two starting with 0 and 1. So the Fibonacci series looks like this: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55 and so on.

Casino players looking for new betting strategies started to use Fibonacci series developing Fibonacci betting system. The basic idea behind the Fibonacci betting system is quite simple: in case of a losing strake, every bet is the sum of the two previous bets.

For example, you start with the one unit bet of $1. You stick to the same stake ($1) and bet (ex. Banker in Baccarat) as long as you win. After the first bet lost you bet once again $1. If you lose again you continue the Fibonacci series making the next bet of $2. If you continue to lose you must continue with the series betting $3, $5, $8, $13 and so forth. When you will finally win, you will recover all losses and you will start over again with the one unit bet.

The Fibonacci betting system can be used on even odds bets like Banker/Player at Baccarat, Even/Odd, Red/Black, High/Low on Roulette and Pass/Don't Pass or Come/Don't Come bets at Craps.