How To Apply The Fibonacci Technique When Betting On Sports | 2024

Are you tired of relying solely on luck when it comes to gambling? Are you in search of a sports betting strategy that provides structure, logic, and a touch of mathematical elegance? Look no further than the Fibonacci System.

As a methodical approach to betting, the Fibonacci method can help you edge closer to securing a winning bet, whether it’s on football, boxing, cricket, or tennis.

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The History

While the Fibonacci System may be new to you, it has actually been around for centuries, making its first appearance in Leonardo Fibonacci’s book Liber Abaci in 1202. Of course, the 800-year-old mathematical theory was not originally intended for sports betting; however, it has since been embraced by this industry as well as many others. Most recently, it was adopted by researchers to assist with lunar navigation.

The system follows a simple pattern: you start with 0 and 1, and then each new number is the sum of the two previous ones.

So it goes like this: 0, 1, 1, 2, 3, 5, 8, 13, 21, and so on. In sports betting, this sequence is used to determine the size of bets after losses and wins, aiming to recover losses and make a profit.

It is believed to mirror natural patterns found in various aspects of life, lending a sense of order and predictability to the betting process.

However, it’s essential to recognize that while the Fibonacci system may seem logical, it does not guarantee success in gambling. Like any other betting strategy, it carries the risk of losses.

How It Works
The Fibonacci betting system involves increasing your bet after a loss and reducing it after a win, with the primary aim being to generate profits or at least maintain an even bankroll.

To effectively implement a Fibonacci betting strategy, it’s crucial to understand the underlying mathematical sequence, Fn = F(n-1) + F(n-2). Success in sports betting using Fibonacci hinges on adhering closely to these specific rules.

Additionally, careful consideration of the odds across all sports and markets is essential, as these prices determine your potential payout when you secure wins.

It’s important to note that Fibonacci does not provide mystical insights into the outcome of your bets; rather, it offers guidance on managing your bankroll effectively.

Following the Fibonacci betting system means moving forward one step after a loss and two steps back after a win. Let’s break down the sequence to illustrate how to adjust your bet stake each time you lose or win.

Start With A Base Unit

First things first, you need to determine your initial bet size, often referred to as a “unit.” This amount could vary depending on your betting preferences and, of course, your individual bankroll.

Increase After A Loss

If your bet loses, you need to increase your next bet to the next number in the Fibonacci sequence. For example, if your base unit is $10 and you lose, your next bet would be $10 again. If that bet also loses, your next bet would be $20 (the next number in the Fibonacci sequence after 10 is 20).

If you lose again, your next bet would be $30, and so on, following the Fibonacci sequence.

Decrease After A Win

If your bet wins, the next bet should be reduced to the previous number in the Fibonacci sequence. Using the same example, if your base unit is $10 and you win, your next bet would still be $10. If you win again, your next bet would be $10 again.

However, if you lose after a win, you would then increase your bet according to the Fibonacci sequence, as explained in step 2.

Maintain the sequence

It’s important to continue adjusting your bet size according to the Fibonacci sequence, increasing after losses and decreasing after wins until you reach your desired outcome or decide to stop betting.

Read also: Up Strikes and Down Strikes: Dealing With Essential States Of Your Betting Journey.