What is the Fibonacci betting system? – Betting sequence explained and tips
Betting systems introduce structural rules from gambling to improve the chances of profit in online casinos or sports betting . The Fibonacci system is one such system. In this betting system guide, we explain how to bet on live casino games and table games at Stake Casino .
What is the Fibonacci Betting System?
Bettors have been using betting systems for hundreds of years, whether in casino games or sports betting . In most cases, these betting systems do not really improve your chances of success. However, they can effectively control and manage your bets at Stake.com .
The Fibonacci system is derived from the Fibonacci sequence. This system consists of a series of numbers. The sum of the first two numbers is equal to the third number, and so on and so forth. In gambling, bettors can use the Fibonacci system to increase their stakes after a losing bet. This is a reverse progressive betting system . The size of the stake increases after a losing bet and decreases after a winning bet.
The idea behind this system is to make winning bets greater than losing bets, thus bringing long-term profits. However, like all betting systems, this system relies on the player’s false belief that “one must win”. If you are not careful, it may lead to huge losses.
How the Fibonacci Sequence Works and Its History
The Fibonacci sequence is named after the Italian mathematician Leonardo of Pisa, also known as Fibonacci, who introduced the sequence to Western Europe. However, the sequence was first discovered by Indian mathematicians in 200 BC, using a combination of Hindu and Arabic numerals.
The sequence usually starts with 0 and 1. These two numbers are added together to create the next number. The classic Fibonacci sequence is 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55. This sequence is related to the golden spiral and the golden ratio that occur in nature.
When placing bets using this sequence, you can use these numbers to determine your bet unit. After a losing bet, the sequence continues and each time your bet increases. If you win, you move back 2 spaces in the sequence.
You can use this sequence as much as you want, increasing or decreasing your stakes as you win and lose as you wish. Of course, you are still responsible for your stakes and need to stay within your betting limits and ensure you do not exceed the maximum bet limit.
Fibonacci Betting Examples
Below is an example of the Fibonacci betting system with even-money bets where 1 unit equals 1 USD. You reduce your bets after winning them and increase them after losing them.
How do casino games incorporate the Fibonacci system?
The Fibonacci system works best with 50/50 casino bets or bets that are close to 50/50 odds. This means focusing on even-odds bets, such as table games and card games like blackjack , baccarat , or roulette . Slots and other games with high volatility are not well suited to this strategy.
No matter which casino game you choose to play, it is important to choose even bets, such as black or red on the roulette wheel. This reduces your overall risk. If you want to bet on individual numbers, your stakes will quickly increase if you follow this betting strategy.
Below is an example of using the Fibonacci system to place bets when playing casino games. See how to play in our how-to guide .
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Roulette: Bet on high/low, odd/even, red/black at 1:1 odds. Avoid American roulette as it has a higher house edge . Read our Roulette game guide for more information.
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Blackjack: Basic Blackjack strategy allows you to get close to 50/50 odds, and if you win the hand, you can get a 1:1 payout. Blackjack RTP is very high, and the Fibonacci sequence becomes more complicated when doubling or splitting bets. Please refer to our online blackjack guide to learn more.
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Baccarat: Betting on the Banker or Player pays 1:1 and you get a 5% commission on your winnings on Player bets. Read our Baccarat Playing Blog for more tips and insights.
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Craps: You can choose the odds of winning when betting on a craps game. Set the slider to 50% probability and play. Otherwise, you can set the slider to 2.0 odds when using the Fibonacci betting system. Our guide to playing craps explains the odds of craps in detail.
How to use the Fibonacci system to bet on sports?
While reverse progressive betting systems such as Fibonacci are great for even odds casino betting, you can also use them for sports betting at Stake.com. Even though you’re betting on even odds sports, you don’t need to bet big to get in on the action when using this sequence. If you need to learn how to read sports odds , check out our guide.
Over/Under and Point Spread bets are usually good betting options for live and pre-match events . Moneyline bets are generally to be avoided unless they are even bets. Research your bets in detail and make sure to choose odds as close to 50/50 as possible.
What are the advantages and disadvantages of the Fibonacci system?
advantage
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Use this system to manage your bet sizes and control your spending
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It is possible to recover losses after a losing streak
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Make gambling more interesting
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Good for casino games and sports betting
shortcoming
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Contains complex mathematical formulas
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No reduction in house advantage
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After a losing streak, you may lose control
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Greater spending is needed to control the losing streak
Professional Betting Tips and Strategies
Whenever you use the Fibonacci betting system, you need to follow these tips and strategies:
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Focus on games with high RTP – a higher return to player means you have a better chance of breaking even over a long play session.
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Start small – Test your betting system by placing small bets. Play with the minimum stakes and gamble responsibly using the smallest bets to keep your risk low.
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Know when to stop – Know when to cut losses or take your winnings. Make sure you stay within your limits. Use our Responsible Gambling Calculator and read our budgeting blog to set reasonable limits.
Promotions, VIP Club and Responsible Gaming
Stake Casino offers an exciting collection of games for you to enjoy, and we also have many casino promotions to take your gambling experience to a whole new level. Make sure you have registered, deposited , and stored funds in your secure vault before redeeming all available offers such as our reload and rebate promotions . We also offer weekly gifts as well as exciting challenges .
Check out our guides to other popular betting systems, including the 1-3-2-6 system , the Martingale strategy , the D’Alembert system , the Paroli system , the Labouchere method , the unit betting system or Oscar’s grind to find the strategy you think works best for you!
Depositing using crypto or your local currency is easy, and you can contact our support team for more information. If you’re an established player, you can also join the VIP Club , which offers exclusive bonuses like VIP hosts . Learn how to join and our VIP Guide .
Follow our smart stake betting guide to have fun and stay safe!
