What is the Fibonacci Arbitrage Betting System & Does it Work?

The Fibonacci sequence is one of the most popular number sequences out there. Chances are that you have already heard about it many times, even if you never really understood what it means. It is commonly used in books, movies, TV shows, not to mention math classes. But, did you know that it can also be applied to gambling?

There is an entire Fibonacci betting system invented to help gamblers win money by applying this strategy to their bets. If you are a gambler and you wish to apply this system and hopefully win some cash, we will explain all you need to know about the Fibonacci betting system, including what it is, how it works, and more.

What is the Fibonacci sequence?

Let’s start by discussing the sequence itself and what exactly it is. It is a sequence of numbers that first appeared in Indian mathematics, according to the oldest records. Of course, back in the day, it was not called the Fibonacci sequence. It was used by Indian mathematicians for a long time before it eventually started expanding to the West and gaining wider exposure.

Many believe that the reason why it started to expand is the fact that it appeared in a book called Liber Abaci, or The Book of Calculations, as it is called in English. The book was published in the 13th century by the Italian known as Leonardo Pisano, who popularized it. The sequence was eventually named after him, and it is called the Fibonacci sequence because Pisano was known by several other names, such as Leonardo of Pisa, as well as Fibonacci.

Now, the sequence itself is just a string of numbers displayed in growing order. They may look random at first glance, starting with 0, which is followed by 1, which is then followed by another 1, then 2, 3, 5, and so on. However, there is nothing random about it, as each number that appears in it is actually the sum of the previous two numbers. The sequence goes like this:

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

So, the numbers do make sense, but you might be wondering what is so important about them? Well, the fact is that they play a massive role in countless aspects of not only mathematics but nature itself. In fact, they are considered to be nature’s numerical system. The Fibonacci sequence is a lot more than it appears, and our explanation of it is only scratching the surface of the enigma that this sequence represents, but it will do for now. If you wish to learn more about it, there is a lot to uncover, but for the purposes of this guide, it is enough that you know what it looks like and how are the numbers chosen.

What is the Fibonacci betting system?

Now that you know a few details about the sequence, let’s see how does it fit into the world of gambling. The sequence was used to create an entire betting system, known as the Fibonacci Betting System, and while it may appear complicated at first, it is actually quite simple — to the point where anyone can master it with only a bit of practice.

The system works as a negative progression betting system, meaning that you need to increase your stake each time when you lose a bet. The idea is that doing this will allow you to recover the lost funds, and earn a bit extra on top of that. Arguably, there are simpler systems out there, but this one is also fairly easy to learn and apply, and it works — provided that you have enough money to follow the sequence’s growth.

How to use the Fibonacci system?

The Fibonacci system is commonly used in a variety of casino games. One of the most popular games for using this system is roulette, particularly among players who prefer to make outside bets, like odd, even, black, and red. Apart from that, it is also often used in craps, where players tend to use it on pass/don’t pass wagers. However, it can be used in many other games, including baccarat, blackjack, and even in sports betting, as long as you stick to even money wagers.

The only difference between the regular Fibonacci sequence and the Fibonacci system is that the system skips zero at the start, and you start with 1 when applying it. While it is fairly simple to calculate the numbers that are coming, you will likely have a lot to memorize during the game, so either write the sequence down, or be sure to learn it well upfront.

One last thing to do before you actually start using the sequence is to decide on the stake per unit. You can choose pretty much any amount, although it is recommended that you keep it small, relative to your total bankroll. Most experts would recommend using between 2% and 5% of the total amount you have dedicated to gambling.

There are three rules to remember, which will guide your playstyle from this point onward:

1. Start with one betting unit

Earlier, you decided what will be your betting unit. Let’s say that it will be $5. Since we are skipping zero while applying the Fibonacci system, that means that you will start with the number 1, and if you assigned $5 to the number 1, that means that $5 will be your first bet.

2. Follow the sequence after each loss

Assuming that you lost the first round, your task is to move on to the next number in the sequence. So, with the sequence going 1, 1, 2, 3, 5, and so on, after betting your first $5, you will move to the next number, which is also 1. That means that you will try another $5 bet. If you lose that one as well, you move on to the next number, which is 2. Now, since 1 = $5, the amount used for 2 would be $10. If you lose again, you move on to the next number in the sequence, which is 3 ($15). Assuming that you are on a losing streak, you would, again, move on ot the next number, which is 5 ($25), and so on. The same rule applies every time when you suffer a loss.

But, at some point, you are bound to win. So, what happens then?

3. Move down the sequence after winning

Certain betting strategies that work similarly to the Fibonacci system would have you revert to your original bet after a winning round. However, the Fibonacci system doesn’t do that. Instead, it recommends that you move down the sequence by two numbers. So, let’s say that you followed the sequence (1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377) up to 55, and then you won.

Instead of going back to 1, you go down to 21, heading back up the sequence by two numbers. In other words, after wagering 55 ($275) and winning, your next move would be to wager 21 ($105). If you lose, you go up to 34 ($170). If you win again, you go further down, again by two numbers, to 8 ($40).

Of course, you could revert to the beginning, which is usually recommended if you haven’t moved up at least two numbers in the sequence before you won. It is also recommended to start over if you are in profit for a cycle at any point. That way, you will secure the winnings that you made and simply start over with the same amount of money that you had at the beginning of the game.

Of course, this also means that you will have to keep track of how many wins and losses you had per cycle so that you will know when you are making profits and when are you simply regaining the money that you lost previously. As we said, there are several things to memorize during the game when applying this strategy, and that is why the Fibonacci system is slightly more complicated than some other systems, but with a little practice, it will quickly become second nature to you.

Does the Fibonacci system actually work?

Naturally, you might be wondering if this is all real, and does it actually work well enough to be used with the expectation of actually seeing profits. The answer, however, is not as straightforward as you might want it to be. It doesn’t improve your odds in any way when playing the games in the casino, but it can help you win some money in the short term, and get away with those winnings before you lose it all on the next bet.

The system should be viewed as a way to maintain control on how much you are betting. Everything else is pure chance. By sticking to it, you will prevent yourself from going all in after seeing a few wins or losses in a row, but that’s about all it does for you.

It also has a flaw that you should keep in mind, and that is that it is likely that you will hit a losing streak sooner or later, and if it becomes a prolonged one, you could eventually empty your wallet and find yourself short of money needed for the next wager. If this happens, everything that you lost is lost permanently. So, in the end, no — the system doesn’t work as a way of getting rich, and it doesn’t guarantee your victory at a casino. It does, however, ensure that you remain in control for as long as you stick to it.