Fibonacci Betting | Understanding the Fibonacci Betting System in Sports

As might be expected, gamblers and bettors are also interested in Fibonacci numbers for the same reason. A formula used even on Wall Street works well for sports betting too, right? There are two betting systems that use these numbers, and they both set the wager amounts according to certain rules.

Betting Fibonacci is actually a simple technique: You don’t need to learn advanced sports betting math. In fact, it is probably one of the simplest sports betting systems out there. There are two types of Fibonacci betting and while both are based on the same sequence, they work quite differently.

1. Fibonacci positive betting progression

This one is quite simple and only asks you to increase the bet value according to the original sequence after every time you lose. In this regard, it is very similar to the Martingale system, but instead of doubling the wager, you increase it by using the Fibonacci sequence.

2. Fibonacci negative betting progression

This one is also known as the reverse Fibonacci betting. You don’t simply increase the bet after every loss. Instead, you sometimes increase or decrease the wager according to certain rules.

So the Fibonacci betting formula is different from the original sequence: It is based on the numbers in this sequence but uses them differently. In any case, to use the Fibonacci sports betting system, you just need to know the numbers in the sequence: You don’t need to “understand” it.

Let’s give an actual example so you can understand how the Fibonacci sports betting system works. We will use soccer betting in this example, as it is a very common sport and Fibonacci football betting is quite popular. However, since this is not a guide for how to bet on football, we will keep things brief: If you are a beginner, make sure to check our profitable football betting and football betting strategies articles to learn more.

We will keep things simple: This Fibonacci betting system football will be based on 12 games. More importantly, this will be a negative Fibonacci betting system, as the positive one is very easy and needs no example to understand.

As you can see, with the exception of the first bet, we erased the numbers of the last two wagers when we won and increased the wager every time we lost, according to the Fibonacci sequence. In total:

• We wagered 68 EUR
• We won 105 EUR

Of course, things won’t be simple all the time: Even in a simple Fibonacci betting football sequence, there will be different odds and more losses (or wins). In any case, however, you will be able to make a profit in the long run, as long as you play with a big enough bankroll – we will explain what this means below.