The Fibonacci System

The Fibonacci system is based on a natural number progression sequence that was discovered by Leonardo Piano, better known by his nickname “Fibonacci”. The system works by starting with the number 1, and adding the previous two numbers together to give the next number. Because this starts with 1, a 0 is assumed to be before this first number. The series looks like this…

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

The way the Fibonacci System works is that a player will start with a bet of one unit. The player will keep betting that one unit until they loose. When this happens, they move one step up the Fibonacci ladder. After a win, the player backs up one level. If the player wins two bets in a row, they consider the system to be completed and start again from the start.

The problem that a lot of players have with the Fibonacci system does not come from safety, as this has proven to be one of the safest betting systems around. The problem comes because most of your winning bets will happen when you are betting one unit only. For big punters, this can make the game boring when you only win small amounts, even though this system does tend to be profitable.

Some players counter this by starting the system a few places up, on the forth or fifth levels, and move up or down depending on how they win and loose.

To use the Fibonacci System properly you must memorize the numbers in the progression system and then practice at home on something like tossing a coin to make sure you can get the betting correct automatically before trying this out for real, as the number progression is the trickiest part of the system.