Fibonacci Strategy

Since bettors are constantly looking for the optimal strategy, it is important to know the key features of all existing options. Some of them seem similar. However, each tactic has its characteristics. Of course, each category has its subtypes. Be sure to read our article about the most successful betting strategy. From it you will learn about the most popular options and will be able to choose the appropriate tactic. 

In this review, we will talk about the Fibonacci strategy.

What Is the Fibonacci System?

The Fibonacci betting strategy is the “little sister” of the Martingale method. The main characteristic of this strategy is how the next bets are made after a loss or a win. Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, etc.) in sports betting are an indicator of how many times the bet size should be increased or decreased.

Fibonacci’s tactics differ from Martingale’s. The Martingale method in that the bet size grows more smoothly, allows the bettor to make more steps. Consequently, the player’s chances that the event will finally play out and the bank will stabilize increase.

How Does the Fibonacci System Work?

The Fibonacci series is a sequence of numbers in which each number is the sum of the previous two. This series looks like this – 1, 2, 3(1+2), 5(2+3), 8 (3+5), 13 (5+8), 21 (8+13), 34 (13+21 ), and so on ad infinitum. We can say that the Fibonacci series is an increase in a number from its minimum value to infinity in geometric progression.

The Fibonacci strategy has long been “tested” in financial markets, particularly the Forex market. And in sports betting it was first used in 2007. The method has been tested by thousands of bettors and is considered to be highly trustworthy. But only if the player has an unlimited bankroll and there are no limits on the bet size in the bookmaker. In other cases, the Fibonacci system is slightly less risky than the Martingale. It can be seen as an excellent mathematical concept.

In the real world, taking into account many secondary factors, including the degree of luck of the bettor, the Fibonacci series cannot guarantee a 100% stable increase in capital on sporting events.

Example of the Fibonacci System

The initial bet should be such that the bettor can make at least 8–10 steps. For example, to make eight steps with a series of unsuccessful outcomes and a bet size of $10, you need a bank of $870 (10 + 20 + 30 + 50 + 80 + 130 + 210 + 340). In addition, the odds must be no less than 2.62. This is a mathematically proven condition for the strategy to be profitable.

The Fibonacci strategy for betting on sports events involves increasing the bet size by 1 step for each minus. And if you win, you need to move two steps back. Game example:

1. We bet 10 dollars – each time until the outcome fails, in which case we bet 20.
2. If the bet is 20, we return to step 1. If not, we bet 30.
3. If the outcome on which we bet 20 goes well, we return to step 1. If not, we bet 50.
4. If successful, return to step 2 and bet 20; if lost, bet 80.

In this way, you can play using the Fibonacci strategy to bet until the desired result is achieved or the bank is drained.

Pros and Cons of the Fibonacci System

Fibonacci System for Roulette

Despite its ancient origins, this system is considered one of the most advanced modern roulette systems. The system itself determines the size of the player’s bet. After each loss, he must move in sequence, constantly increasing the bet. Each win returns the two previous lost bets, so you need to return two numbers after each win.

Fibonacci Betting Strategy in Blackjack

You can easily apply this strategy in blackjack by memorizing or even writing down the sequence of numbers. The essence remains the same as in roulette.

Fibonacci Betting in Other Casino Games

You can use the strategy in any online casino when playing any game. It is capable of producing small, sustainable profits. You can limit the sequence depth to five to six steps to reduce risks. This will avoid excessive losses that could affect your deposit. The risk level of the system is rated as medium, so it is suitable for players willing to tolerate moderate losses in search of consistent profits.

Using the Fibonacci System in Sports Betting

This strategy is universal, which means theoretically, it can be used in any sport. The only limitation is the odds. It is best to choose values from 2.5 and above.

Tips for Using the Fibonacci System

Here are some tips to help you apply the strategy correctly.

• 20-30% of football matches end in a draw, and the odds for such an outcome are always above 3.0. You can bet on all tour matches, and sooner or later, you will catch a “draw.” It is better to conduct analytics before the match to increase the chance of winning your bet.
• The strategy is win-win but based on progression. If there are ten losses in a row, there may be insufficient bank for the next bet. This is not a Martingale progression, but you still need a solid bank. Are you ready to risk tens of thousands of rubles for a small profit? If you are not ready, bet flat.

Alternatives to the Fibonacci Sequence for Betting

If you are not afraid of a sharp increase in rates, you can use Martingale or reverse Martingale. In principle, any universal strategy will do. The main thing is that your betting is systematic, and you control costs.

Conclusion

Any strategy based on progressions, including the Fibonacci betting scheme, risks losing a large bankroll. Consistency does not give you an advantage over bookmakers. It simply systematizes your bets according to a given algorithm. Beginning bettors can try it virtually, in trial mode. You can also start with the minimum bet sizes. This system can help, if necessary, quickly increase your bankroll from a small amount. So use it wisely.