Leonardo Pisano better known as Fibonacci was a mathematician from the middle ages. He came up with the Fibonacci numbers 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, where if you look at the sequence of numbers, each number is the total of the 2 previous numbers. For example, 34 is made up of 13+ 21.
Now, when used in betting you simply place your first bet. If you win, you just bet again. However if you lose, then you start using the system by writing down 1. Your next bet would again be 1. Lose again you then bet 2. Lose again bet 3, lose again next bet is 5 and so on. If during the sequence you win a round you work backwards in the sequence and bet the lesser amount.
Some people advocate starting the Fibonacci system with just one singular bet which means you'll be working up to big bets that one round soon down the line.
Its an interesting system to try out. You don't have to follow the system right on through. Some players limit themselves to just 5 or 8 bets and then start the system again. This obviously limits your losses if you did hit a long losing streak.
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