What is Fibonacci Betting System
Hello Guys, as you know that Numbers and math both are prevalent in any aspect of our life. Without math we would not be able to build any infrastructure. So here in case of gambling and betting systems math is the most important factor in because betting is also a type of calculations and other related things. If any person is an expert or a mathematician and have good math skills he can easily do gambling by using his/her skills. So it means that if you are a good mathematician then you can be a good gambler.
Leonardo Pisano Bigollo was a famous mathematicians of the world. He is also referred to as, Leonardo of Pisa or, Fibonacci. He was a Italian mathematician who also known for bringing the Hindu-Arabic number system to Europe.
I am talking about math from the start because this system is based on a sequence of numbers. In this system every new number equals the total of the previous two numbers. This sequence had its first uses when Fibonacci find that the rabbits breed in this style. Now it is commonly used in binary settings and gambling.
If you are ready to use this type of mathematical system, you would know that what is the sequence of numbers to use the betting system effectively. The main theory behind this betting system is that each lost bet will be recouped by betting this lost amount on the next wager. This is a great idea to recover your previous losses by changing the order of different units.
How Fibonacci Betting System Works
Let suppose an example that how this betting system really works, Let say that every one unit is equal to 5 dollars and the bet is being placed are on even money bet such as Red in Roulette. We always try to start with only one unit so this may be good for us to use it significantly. If you have win any turn of a bet you always go back to the betting 1 unit on the next turn.
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If we lose one bet and must wager 1 unit on the next turn and lose this bet as well, then 2 bets and add them together to give us our total units to wager will be the amount of units bet next? Using the Fibonacci system, have this advantage that you will be able to recover your loses very easily if you know how to deal with the number systems.
But this betting system have also some disadvantages one is that, sequence will work at any point as it never deviates from its original formula of the system. so, if you encountered a bad run of luck, There will be a risk of losing a large amount of money.
So guys the main point is that, that this system was discovered by a great mathematician so, if you want to use this system you must have a good knowledge of the number systems and calculations.