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The Fibonacci Betting System

The Fibonacci betting system is founded upon the Fibonacci sequence which is quite well known in different areas such as architecture and art. This sequence of numbers was created by Leonardo Pisan, an Italian mathematician, in the 12th century. The series of numbers for the Fibonacci system is 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144 and so on. Each number in the sequence is produced by totaling the two previous numbers. The concept behind this betting system is that a win will compensate for any losses.

You begin this betting system by placing a wager of one unit on an even-money bet. In the event that you win the first bet, the sequence is not started and you place one unit again on the next bet. If first bet is lost, then the sequence of the Fibonacci betting system begins.

You then follow the Fibonacci sequence of 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144...

Since you have already placed a bet in the amount of 1 unit, your next bet will be the second number in the sequence (which also happens to be 1). If you continue to lose the next bet, then you continue down the sequence until you finally hit a win.

Once you win a hand, return to the original betting amount of one unit. Once a number has been used by a player, it is then crossed out. It should also be noted that in the event of a win, the player erases the last two numbers in the sequence. The player comes to the end of the Fibonacci betting system pattern when all the numbers have been crossed out.  It is recommended to limit the length of a Fibonacci betting system row to six or seven consecutive losses.  This is considered to be a relatively steady system.

From personal experience, I can tell you that the Fibonacci is quite a fun system to play.  If you want an adrenaline rush, then this betting strategy may be what the Doctor ordered.  There have been many-a-nights where my eyes have been glued to my computer screen while playing blackjack at Cherry Red or Mount Rushmore, seeing if the Fibonacci would pay off.  I usually do not leave disappointed.

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