Throughout the history of the game, players have always tried to increase their chances of winning and it was not uncommon to see them using systems based on math and science in general.

Throughout the history of the game, players have always tried to increase their chances of winning and it was not uncommon to see them using systems based on math and science in general.

One of the most popular approaches in the game is the negative progression and among different types of negative progression you can also find the Fibonacci method.
This method relies heavily on math, and it is quite common among gamers all over the world. Another reason for its popularity is the fact that it can be applied to different casino games.

Brief history

It is believed that the Fibonacci method was originally introduced by Indian mathematicians. However, in the western world it was popularized by the Italian mathematician called Leonardo Pisano.

Also known as Leonardo of Pisa and Fibonacci, he also popularized the modern number system. Obviously, this method is named after him.

Although slightly more complicated than the other negative progressions, the Fibonacci is still quite simple. It starts with zero and one.

Then each new subsequence is the sum of the previous two numbers. The progression is endless but here are the first 15 sub-sequences to help you understand how the whole system works: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233 etc .

The use of the Fibonacci method in the game

The Fibonacci method is used in various areas of mathematics, but it is also a popular method in gambling. A good thing about it is that it can be used for various casino games.

As you can imagine, it is most popular among roulette players, where it can be used for outside bets like Red/Black or Odd/Even.

However, blackjack, craps and baccarat players also use it. Finally, it is also a popular method in sports betting.

Regardless of the game, the principle is always the same. You skip zero and start with one. Of course, 1 doesn’t have to be $1.

If you have bigger ambitions, you can start with bigger amounts and the initial bet will be considered as one unit. So the sequence would actually refer to a number of units.

So if you start with 10 dollars, the second bet will remain the same. The third bet would be two units, which means $20 in this case. The next would be five units or 50 dollars, and so on.

Common rules

People who use the Fibonacci method of gambling usually have a few common rules that refer to winning and losing.

For example, a common rule is to go down two steps after winning. So if you win with the 13 unit bet, the next bet would be two steps down, which would be 5 units in this case.

However, some players prefer to start over after winning instead. This means that regardless of the bet, they will start with a single unit after winning.

Limitations of the Fibonacci method

Theoretically, the Fibonacci method looks excellent and leaves no chance of losing. However, there are some limitations that could lead to possible loss of money.

This refers to a scenario where a losing streak is too long and your budget is limited. In this case, you probably won’t have enough money to stick with the sequence plan.

Even if you have an unlimited budget, you may not be able to fully implement this method.

This refers to the fact that most casinos have a maximum bet for each game. So if you reach that maximum bet during a losing streak, you will lose all your money.

Summary

As you can see, the Fibonacci is not perfect. While this sounds great in theory, it has its limitations, which are usually related to the fact that it’s not always easy to stick to the sequence, due to budget limitations and casino policy. Therefore, it is important to check these things before you start practicing this method.

Sources

https://www.gamblingsites.com/
https://foxbonus.com/ ID:488942:1false2false3false:!x!::from desktop database:LenBod:collect4941:

Previous

Teaching as an Art Form - The Oxford Eagle

Next

Margaret Keane, painter and subject of Tim Burton's 'Big Eyes', dies at 94

Check Also