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Thursday, July 9, 2009

Betting System:The Fibonacci


The system "Fibonacci sequence progression", as it is called, is based on progressing a starting bet in case of a loss. This Betting System was created by Leonardo Pisa, an Italian mathematician, in the 12th century. This famous sequence goes all the way back to the 13th century and has a peculiar habit of showing up in completely unrelated areas of life such as architecture, music and biology. The series of numbers for the Fibonacci system is 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, and so on. Every number in the sequence is derived by totaling the two previous numbers. In this systems every win will compensate for every loses.

Start by placing a wager of one unit on an even-money bet. Winning in first bet doesnt start the sequence, place one unit again on the following bet The sequence will only begin when you lost. Since the 1 unit bet have already been placed, the next bet will be the second number in the sequence that is also 1 unit. If you still lose the next bet, continue until you hit a win.

Winning a round, does'nt end the sequence at once like in the Martingale System. Instead cross out the last two numbers in the sequence and bet the new number. It should also be noted that in the event of a win, the last two numbers in the sequence should be erased. The Fibonacci Betting System ends when all numbers have been crossed out.

Most players prefer this system than other methods, such as the Martingale Betting system, as it does not necessitate such high stakes. Just like with the Martingale, this will work fine only for a while, you will eventually hit the betting limit that is set either by the online casino or by your own bankroll. This Betting System is considered to be relatively steady system. This method is appropriate for players using small amounts of money. In this system it is very important to set limits and bear in mind that this system is only effective in the short term play. Always bear in mind that no system is fool proof and this is also the case with the Fibonacci betting system.

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