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Fibonacci Betting | Turn a Sequence of Numbers into Winnings

Fibonacci betting is a progressive projection system based on the famous sequence of numbers. This betting guide explains how the Fibonacci betting system requires a thorough understanding of the sequence and consistent application to turn the fabled golden ratio into concrete winnings. If you wonder how does the Fibonacci sequence work and how it can be used at bookmakers to bet pregame and live then you are in the right place.

Progressive systems require a thorough understanding of the betting odds and markets. Impeccable bankroll management is needed to prevent painful losses.

The Fibonacci betting sequence is superior to similar systems because it offers the chance to recover losses while reducing the risks. Discover a mathematical strategy’s appeal and winning potential based on the Fibonacci numbers.

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What is the Fibonacci betting system?

The Fibonacci sequence in betting is based on the string of numbers discovered by the Italian mathematician nearly a millennium ago. It is one of the most popular sports betting strategies and is used by more and more punters nowadays. The Fibonacci sequence is a progressive projection in which each number is the sum of the previous two. Applied to gambling, this progressive system requires punters to increase their bets steadily.

The Fibonacci betting system aims to offset losses when you finally hit the winning bet. Since this is a progressive projection, the Fibonacci strategy requires understanding basic math. The stakes are increased by the next number in the sequence each time you lose a bet. It requires decently high odds, so markets such as handicap betting are preferred when using this gambling strategy.

In the Fibonacci betting system, players establish a base unit for their wagers, known as betting units, and adjust their stakes according to the Fibonacci sequence.

Each time you lose a bet, you move on to the next number in the sequence. You can use the Fibonacci betting calculator or add the previous two numbers to create the next bet. Unlike other sports management systems, you don’t return to the original bet when you win. The Fibonacci system demands bettors reduce the stake by subtracting two numbers and continue from that level onward.

The Fibonacci betting sequence explained

The Fibonacci sequence formula, which is used even for Wall Street, works perfectly even when it comes to sports live betting. It offers punters a structured approach to managing risk and maximizing potential returns. Two betting systems use these numbers and both of them set the wager amounts according to certain rules.

Fibonacci numbers do not end – they are infinite.

  • The actual formula is: Fn=Fn-1+Fn-2 
  • Each number in the sequence is the sum of the previous two numbers. 
  • Dividing each number by the number to its left returns 1.61803, which is considered to be the golden ratio.

Fibonacci numbers are 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377

The sequence is endless, but you don’t need to learn more than 377 to use it in sports betting.

How does the Fibonacci sequence work?

Betting Fibonacci is a simple technique and you don’t need to learn advanced sports betting math to understand this negative progression betting system. It is probably one of the simplest sports betting systems out there. There are two types of Fibonacci betting, and while both are based on the same sequence, they work quite differently.

1. Fibonacci positive betting progression

This one is quite simple and only asks you to increase the bet value in any betting currency according to the original sequence every time you lose. In this regard, it is very similar to the Martingale system, but instead of doubling the wager, you increase it by using the Fibonacci sequence.

  • For example, you start with 1 EUR, increase to 3 EUR if you lose, continue with 8 EUR, 13 EUR, 21 EUR etc.
  • If you win, you simply return to the beginning (1 EUR) and start again. 

2. Fibonacci negative betting progression

This one is also known as the reverse Fibonacci betting. You don’t simply increase the bet after every loss. Instead, you sometimes increase or decrease the wager according to certain rules. Like other negative progression systems, the Fibonacci system aims to recover losses by adjusting the stakes based on previous results.

Fibonacci betting rules for the negative progression

  • If you manage to win your first bet, keep the wager at 1 EUR until you lose.
  • After a loss, increase the bet according to the Fibonacci sequence (like the progressive system).
  • After a win, erase the numbers of the last two bets to find out what the next wager will be.
  • For example, if your last three bets are 5 EUR, 8 EUR, and 13 EUR, you will erase 8 and 13 and your next bet will be 5 EUR again.

So the Fibonacci betting formula is different from the original sequence. It is based on the numbers in this sequence but uses them differently. In any case, to use the Fibonacci sports betting system you just need to know the numbers’ order in the sequence and you do not need to understand it.

How to use the Fibonacci system in sports betting

Let’s give an example to understand how the Fibonacci sports betting system works. We will use football betting as it is a popular sport and Fibonacci football betting is quite popular. However, since this is not a guide for how to bet on football, we will keep things brief.

This Fibonacci betting system football example will be based on 12 games. More importantly, this will be a negative Fibonacci betting system, as the positive one is very easy and you do not need an example to understand it.

BETS

ODDS

WAGER

RESULT

PAYOUT

1st
ODDS
3.00
WAGER
1 EUR
RESULT
Win
PAYOUT
3 EUR
2nd
ODDS
3.00
WAGER
1 EUR
RESULT
Lose
PAYOUT
-
3rd
ODDS
3.00
WAGER
2 EUR
RESULT
Win
PAYOUT
6 EUR
4th
ODDS
3.00
WAGER
1 EUR
RESULT
Lose
PAYOUT
-
5th
ODDS
3.00
WAGER
2 EUR
RESULT
Lose
PAYOUT
-
6th
ODDS
3.00
WAGER
3 EUR
RESULT
Lose
PAYOUT
-
7th
ODDS
3.00
WAGER
5 EUR
RESULT
Lose
PAYOUT
-
8th
ODDS
3.00
WAGER
8 EUR
RESULT
Lose
PAYOUT
-
9th
ODDS
3.00
WAGER
13 EUR
RESULT
Lose
PAYOUT
-
10th
ODDS
3.00
WAGER
21 EUR
RESULT
Win
PAYOUT
63 EUR
11th
ODDS
3.00
WAGER
8 EUR
RESULT
Win
PAYOUT
24 EUR
12th
ODDS
3.00
WAGER
3 EUR
RESULT
Win
PAYOUT
9 EUR

As you can see, except for the first bet, we erased the numbers of the last two wagers when we won and increased the wager every time we lost, according to the Fibonacci sequence. In total:

  • We wagered 68 EUR
  • We won 105 EUR

Even in a simple Fibonacci betting football sequence, there will be different odds and more losses (or wins). However, you will be able to make a profit in the long run, as long as you play with a big enough bankroll.

Alternatives for betting to the Fibonacci sequence

The Fibonacci sequence is one of the many strategies suitable for casual and veteran punters. Several other options are worth considering, but these four stand up from the crowd. They are easy to understand, require reasonable bankrolls, and provide a clear path forward.

D'Alembert Betting System

The D’Alembert system is a negative progression betting system in which you increase the bet by one unit after a loss and decrease by one unit after a win. Its goal is to win steadily and decrease the risk of losing a lot of money quickly. It works best on odds around 2.00.

  • You start with a $10 bet; if you lose, the next bet will be $11, and the next one will be $12.
  • If you win after two losing bets, you reduce the stake by one unit and bet $11.

Labouchere Betting System

The Labouchere strategy, also known as the cancellation method, uses a predetermined sequence of numbers that can help you win at sports betting. The first and last numbers in the sequence determine the bet size. Its goal is to provide a structured betting method while balancing risk and reward.

  • You can start with a sequence of 1-2-3-4; the first bet is 1 + 4 = $5.
  • If the bet wins, remove 1 and 4, leaving 2-3, and the next bet is 2 + 3 = $5.
  • If the bet loses, add the first bet of $5 to the end of the sequence: 1-2-3-4-5.
  • Continue with the new sequence and a bet of 1 + 5 = $6.

Martingale Betting System

The Martingale strategy is the best-known negative progression system used in sports betting and casino games. You double the bet size after each loss and return to the original stake after you win. The goal is to recuperate all losses and make a small profit when you finally win.

  • Start with a $10 bet; if you lose, the next bet is $20.
  • If you lose again, the next bet is $40, and the total investment is $30.
  • If you win the $40 bet, you make a net $10 profit and return to the original stake of $10.

Kelly Criterion Betting System

Using a mathematical formula, the Kelly Criterion is one of the more complex betting systems. You adjust the bet size based on the perceived edge of each bet. It allows you to adjust the stakes based on the winning odds and helps steadily grow your bankroll. To beat the bookies this betting system requires a decent understanding of math and accurately assessing probability.

  • f = p – (1 – p) / b is the Kelly Criterion formula
  • p = Probability of winning
  • b = Odds received on the bet
  • If a sports bet has a 60% chance of winning (p = 0.6) and offers a 1:1 payout (b = 1)
  • f = 0.6 – (1 – 0.6) / 1 = 0.2, so you should bet 20% of your bankroll

Tips to boost your Fibonacci betting system

Tip

  • Use Fibonacci betting at betting exchanges too – This will allow you to get higher odds and use additional strategies to increase your winning chances.
  • Keep your stakes low – If you keep losing do not pass over 377 in the sequence. Start with low units (i.e. 1 EUR) so you can control the flow and not take unnecessary risks.
  • Use bonuses or free bet offers – Place your bets without any upfront deposit and minimize your risk while following the sequence.
  • Never use the positive progressive Fibonacci – It increases the wager amounts too fast and there is the risk of losing large amounts of money in a short period of time.

Pros and Cons of the Fibonacci betting system

PROS

  • It can be used on a low budget.
  • With the negative progression system, you can limit your losses and increase your chances to make a profit.
  • It is flexible and it can be used as an ante-post or live betting system.
  • Requires no experience or mathematical knowledge.
  • It can be used on any sport and/or bet type.

CONS

  • Does not actually change your winning chances since it only determines what the wager amounts will be.
  • Based on the “one bet at a time” principle and you cannot place your second bet before the first one settles.

Unlock the power of Fibonacci betting

The Fibonacci betting strategy gives you a sense of control and predictability. The betting term refers to the famous sequence of numbers and has practical applicability in sports betting. This mathematical approach gives you a better chance to offset much of your losses when you make a correct prediction.

Compared to other progressive systems, the Fibonacci betting strategy is less riskier. You are unlikely to commit the sports betting mistakes that cripple bankrolls, as in the martingale. Fibonacci sequence betting can deliver great results with proper research and discipline, doubled by flawless bankroll management. Use our betting advice and make the most of this popular betting system.

FAQ: Questions about the Fibonacci sports betting system answered

The Fibonacci betting system is a progressive betting strategy that follows the Fibonacci sequence where each number is the sum of the two preceding ones.

You should stick with the negative progressing Fibonacci betting system since the positive version will increase the total stake very quickly and too high.

Like all betting systems, the Fibonacci betting strategy does not guarantee a win. It can help manage losses in the short term, but in the long run, all betting systems are subject to the house edge.

The Fibonacci system is considered safer than the Martingale system, since the bet progression is slower, but it still carries risks.

When using the Fibonacci system, the main risk is that you can encounter a long losing streak that can result in large bet sizes quickly.