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The Fibonacci Betting System – Full Guide & Real Examples

What is the Fibonacci system’s mathematical equation, and how can it be implemented with regard to dice games, roulette and sports betting?

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Introduction To The Fibonacci Betting System

More popular among sports wagers, the Fibonacci betting system is a “negative progression” system like the others we’ve touched upon. This means you increase every bet amount after a loss and reduce the amount staked after a win.

This system is perhaps a little less straightforward than the other negative progression systems, as it helps to have a concrete grasp of the mathematical equation behind the strategy.

Generally, the Fibonacci functions as a more conservative and less volatile variation on the Martingale – as we’ve seen with the D’Alembert. That being said, there is always the chance of a losing streak impacting your bankroll and profits. Again, as we’ve seen with the D’Alembert, the risk is lower, but the payouts and profits gained from implementing the Fibonacci will be less than you would ever see running the Martingale successfully.

What is the Fibonacci system’s mathematical equation, and how can it be implemented with regard to sports betting and roulette?

How the System Works: What is the Fibonacci Strategy?

The Fibonacci’ sequence’ starts with a 0 and 1.

Every following number is the total sum of the two last numbers. The equation for this is as follows: Fn = F (n-1) + F (n-2) with F0=0, F1=1, F2=1 as the standard values and n>2.

This would make the first sets of numbers: F0=0, F1=1, F2=1, F3=2, F4=3, F5=5, F6=8, F7=13, F8=21, F9=34, F10=55, F11=89, etc.

The Fibonacci is used best for even money bets, making it a popular choice among roulette players (not unlike our previous negative progression systems).

Using the Fibonacci, we recommend starting from the value of $1 (F1) and moving from there depending on the outcome of the bet (win/loss).

With this system, you make a one-digit move forward up the sequential pattern when you lose, and you move two digits down if you win.

Implementing the Fibonacci

What does this look like in more practical terms? How do you apply this equation and strategy to something like sports betting?

One thing to note about the Fibonacci before we explore how to use it: you do not need to have a large bankroll to fund it, but it can help provide a better safety net and secure a higher return profit/payout.

Let’s give an example in practice.

We’ll set an initial stake of $1 (F1).

  • First Bet: $1 Stake (Loss) -> Up one number
  • Second Bet: $1 Stake (Loss) -> Up one number
  • Third Bet: $2 Stake (Loss) -> Up one number
  • Forth Bet: $3 Stake (Loss) -> Up one number
  • Fifth Bet: $5 Stake (Loss) -> Up one number
  • Sixth Bet: $8 Stake (Win) -> Move two numbers down in the sequence
  • Seventh Bet: $3 Stake (Loss) -> Up one number
  • Eight Bet: $5 Stake (Win) -> Move two numbers down in the sequence
  • Ninth Bet: $2 Stake (Win) -> Move two numbers down in the sequence
  • Tenth Bet: $1 Stake (Loss) -> Up one number

The way to implement the Fibonacci successfully into sports betting is to use it on potential 50:50 winning chances with a 2-way market. This means over/under markets and money lines on sports like the NBA. The odds should always be 1:1 (2.00), +100.

The Fibonacci can help to secure smaller profits over a longer period more easily and is more beneficial to players with lower funds. With Fibonacci, the ‘odds’ also become the focus, rather than the two teams’ statistics. What should be noted with this particular system is that the danger of high losses always exists – particularly if you try to limit or recoup losses by ceasing the use of the Fibonacci on proceeding bets.

The D’Alembert Betting System – Complete Guide & Tips

Given the lower volatility compared to other negative progression systems, the D’Alembert is a good choice if you are comfortable with low-risk, modest profits instead of high-risk, higher rewards.

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Dalembert betting system

Introduction To The D’Alembert Betting System

While not the most popular negative progression system (that title goes to the Martingale), the D’Alembert is considered by some to be the most effective for returns on roulette.

It may initially seem like the D’Alembert betting system is the same as the Martingale, but there is one critical difference. The D’Alembert is much safer as a betting system when compared to the Martingale. This is because both involve increasing the stake amount after a losing bet and reducing the amount after an initial winning bet.

What makes this difference so important, and how does the D’Alembert system work within the betting context?

How the System Works: What is a D’Alembert Strategy?

The primary difference between D’Alembert and other negative progression systems is that the stakes are increased slower. This works in favor of those with more restrictive bankrolls but also means recovering losses can take much longer.

The D’Alembert system is most frequently applied in the context of even roulette money bets but could be used for any even money bet.

The concept of D’Alembert is that you should, in theory, win at least as much as you lose with even money bets. So, for instance, in roulette, red should come up as often (a similar number of times) as black.

With this system, if you were to win roughly the same amount as you were to lose, you would still walk away with a profit from your winning bets being at a higher stake than your losing bets.

Of course, this is all in theory – so how does a system like the D’Alembert do in practice?

Implementing the D’Alembert

Let’s presume you start with an initial amount of $10, betting on black at the roulette table.

The starting amount can be any figure you want, but as with other negative progression systems, we recommend a 1-5% maximum of your total bankroll.

You will then stake this amount on the first wager while using the D’Alembert.

After you lose a bet, the amount staked for the following wager will increase by the same amount as the base stake. So, for example, if you’ve staked $10 initially, you will increase this to $20 on the next bet if you lose.

This differs from the Martingale because this amount does not ‘double’ but increases by the same increment you started with.

Conversely, you decrease stakes/the amount bet after a win. After every successful bet, you reduce the amount by the same base stake. However, if this is the win of only the base amount staked ($10), it will remain the same for the next bet.

Another example would be starting with a base unit of $50. Let’s say you bet on black, which lands on red, meaning you’re down $50. Your next bet would then be $100 on black. Your next bet for $100 would place you up $50 if it wins, bringing you back to betting one ‘base’ unit of $50.

The love for the D’Alembert comes from it being more forgiving financially than the Martingale – it requires less of a bankroll to fund. In addition, since you only increase your stake amount by one base unit, you won’t face the same issues with the table or bankroll limits that you would with the Martingale.

The con, of course, is that with the D’Alembert, you can still ‘win’ and be down overall, considering it is a much less aggressive and bullish betting system. As you increase wagers by one base unit after each loss, you do have the chance to reclaim your losses steadily. Any profit is likely to be marginal.

Given the lower volatility compared to other negative progression systems, the D’Alembert is a good choice if you have the patience to reclaim losses steadily and are comfortable with modest profits instead of high-risk, higher rewards.

The Labouchère Betting System – Full Guide & Strategy

How does the Labouchere stack up against alternative negative progression systems, and how is it implemented?

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Labouchere betting system

Introducion To The Labouchère Betting System

The Labouchere is a “negative progression” betting system and is also commonly referred to as a ‘cancellation’ system or ‘split Martingale.’

Named after roulette player Henry Labouchere, the system is practically optimized to work best for roulette.

While this system can be applied to different games, roulette is where the Labouchere is most frequently used (and successfully implemented). Similarly to the Martingale, the Labouchere means the player is only required to win less than half of their bets to reach a predetermined betting ‘goal’ to ensure a profit.

The algorithm for the Labouchere is considered a “Las Vegas algorithm,” as the amount the player sets out to win is always predetermined.

The problem with the Labouchere is similar to that of the Martingale in that bankroll funds need to be ‘unlimited’ as the player may not reach the desired outcome before all their losses wipe out their bankroll completely.

How does the Labouchere stack up against alternative negative progression systems, and how is it implemented in the game of roulette?

How the System Works: What is a Labouchere Strategy?

As a negative progression betting system, with the Labouchere, you increase your amount staked after a loss. The idea here is that eventually, you’ll be able to win back any/all losses, as long as the amount staked increases.

How does this differ from the Martingale?

In the Martingale, you try to recover all prior losses with a single bet by doubling up, whereas, in the Labouchere, you seek to do so with several bets. This is why the Labouchere is also referred to as the ‘split’ Martingale.

The system was designed for even money betting, such as red/black and odd/even, 1-18 or 19-36 on the roulette wheel.

Implementing the Labouchere

We would only recommend using the Labouchere with roulette games for practical reasons.

To use the Labouchere in roulette, you first need to devise a sequence of numbers. This sequence of numbers is also based on how much you’d like to win, which is represented in the total sum of all the numbers. It would be best if you kept this simplistic, but it could be any set of numbers you want.

For example: 1,2,3,4,5,6,7,8,9,10. = $55.

Your bet will always be the sum of the first and last numbers in that sequence.

Following our previous example, this would mean 1+10= $11 on an even bet like red/black or odd/even.

If you lose this bet, you ‘add’ a number to the sequence. This number is the amount you just lost by.

This would reflect as: 1,2,3,4,5,6,7,8,9,10,11.

1+11= $12.

If you win a bet, you then remove both of the ‘outermost’ numbers.

This would reflect as: 2,3,4,5,6,7,8,9.

This would make your next bet after winning: 2+9= $11.

Reaching the ‘end’ of this sequence means you will only have one number remaining. So this will be your ‘final’ bet to finish the sequence and profit.

As we mentioned, you can use any simplistic set of numbers to stake using the Labouchere. However, if you want to increase the potential profit, you can opt for a sequence like 3,6,9,12,15,18,21, etc. But, of course, this also means that bets on losses will increase exponentially.

The benefit of the Labouchere is that you can appropriately set a limit before betting since you now know you will be betting based on a certain amount. The bets will slowly decrease while winning and slowly increase while losing.

The Labouchere, like most negative betting systems, often works best for roulette.

However, this system also presupposes an infinite bankroll, no betting limits, and no house edge.

If you choose to use the Labouchere system, we suggest using a limited portion (smaller percentage) of your total funds. In terms of games like blackjack, or especially sports betting – we would rather see players look for value in bets and odds.