The Fibonacci betting system is another negative progression betting system. It is simple and easy to follow. In its most basic form, you follow the Fibonacci sequence on a losing streak, and reset to betting 1 on a win.

The Fibonacci sequence is Xn+1 = (Xn + Xn-1) where Xn:-1 =0 and Xn:0 =1.
Thus first few items of the sequence is: 1,1,2,3,5,8,13,21,34,55,89...

So an example of a betting using the basic Fibonacci system:

Bet Amount
Bet Result
Total Profit
1
Loss
-1
1
Loss
-2
2
Loss
-4
3
Loss
-7
5
Win
-2
1
Win
-1
1
Win
0
1
Loss
-1
1
Loss
-2
2
Loss
-4
3
Loss
-7
5
Loss
-12
8
Loss
-20
13
Loss
-33
21
Loss
-54
34
Win
-20
1
Loss
-21


As can be seen in the example above, the Fibonacci betting system is not sustainable using a payout of 2, because it does not progress fast enough on a loss. Using a higher payout can be an alternative.

Alternative methods to use the Fibonacci sequence is in a similar way to d'Alembert, to step 1 step right in the sequence on a loss, and step 1 step left in the sequence on a win.

Bet Amount
Bet Result
Total Profit
1
Loss
-1
1
Loss
-2
2
Loss
-4
3
Loss
-7
5
Win
-2
3
Win
1
2
Win
3
1
Loss
2
2
Loss
0
3
Loss
-3
5
Loss
-8
8
Loss
-11
13
Loss
-24
21
Loss
-45
34
Loss
-79
55
Win
-24
34
Loss
-58


This is a slightly more profitable method than the basic Fibonacci, but suffers from the same fundamental flaw as the d'Alembert strategy; requiring an equal amount of wins and losses.

The system can further be customized by adjust the number of steps to take into the sequence on a win or a loss. You can, for example, step 2 steps right on a loss and 1 step left on a win.

The Fibonacci system can be reversed into a positive progression system as well, by increasing your bet on a win and decreasing your bet on a loss instead.

Comments		Login or Register

	Tisuwajah	18:11:2017 14:07
	how to edit the fibonacci seting sir?
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	r4m1	16:10:2018 21:19
	if you do this it would not be fibonacci anymore, yu can use the martin gale mode for this and remember to set the stop conditions
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