The Fibonacci Betting System – My Ultimate Guide

Introduction To The Fibonacci Betting System
How the System Works: What is the Fibonacci Strategy?
Implementing the Fibonacci
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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.