The Fibonacci betting system is a fairly common method used in European Roulette, Baccarat, and Craps for small stakes, and usually even-money bets (bets that pay 1:1).
The system is based on Fibonacci numbers – a series of numbers where each number is the sum of the previous two numbers (the series starts with 0 and 1): 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144… and so forth
Like the series, this betting system works in case of consecutive losses, by making a series of bets, where one bet equals the sum of the previous two bets.
- First bet = $1
- Second bet = $1 (1+0)
- Third bet = $2 (1+1)
- Fourth bet = $3 (2+1)
- Fifth bet = $5 (3+2)
- Sixth bet = $8 (5+3)
The idea is that since the bet pays even money, a win will compensate over previous losses, because they are included in the sum.
As you can see, this system is suitable for players using small sums, and is affective for a short term of play. Keep in mind that no system is foolproof guaranteed, and they are only used to increase the wins for the short run.
How the Fibonacci System Works
1) You start with a basic betting unit (ex. $1) and stick with it as long as the bets are winning. (Also sticking to the same bet, ex. betting only on Banker in Baccarat).
2) If a bet loses once, bet the basic unit again. If the next bet loses too, start the Fibonacci series by betting the sum of the previous two bets ($2, in our example), until you win and recover the losses.
3) After a win, go back to the basic betting unit.
Aggressive players (and in case the table limits are high enough) don’t go back to the basic unit after a win, but go back 3 or 2 stages. (If the last bet won was 13, than the next bet will be 5 or 3, instead of 1).
In Baccarat the system is used for the Banker/Player bet. In Roulette it’s used for Even/Odd, Red/Black, High/Low bets, and in Craps it’s played with the Pass/Don’t Pass or Come/Don’t Come bets, where you stop after making a profit worth half the sum you started playing with.
More about the Fibonacci Sequence
The Fibonacci numbers are quite famous not only among the mathematicians. It appears in nature in many forms, and used in architecture, art, and even music to create harmonious patterns.
Interesting facts about Fibonacci numbers
- Rabbits multiply in a Fibonacci progression
- The series can be identified in patterns such as tree branches, flower petals, the curving of waves, and the way shells spiral
- The bodily proportions of Leonardo DaVinci’s famous “The Vitruvian Man” are based on the Fibonacci numbers
- In Dan Brown’s best-selling thriller The Da Vinci Code, the series is used to decipher one of the first clues in the plot