Martingale System Sports Betting
The Fibonacci system is usually used when placing even money bets in the casino. It is commonly used by roulette players on the outside bets, such as red or black, or odd or even. Craps players can use it on the pass or don’t pass wagers. It can also be used playing blackjack or baccarat, or for even money wagers in sports betting.
This system utilizes the Fibonacci sequence, but ignores the zero at the start. You should therefore either try to memorize the sequence or have it written down somewhere.
Before you can put the system into practice you need to decide how much you are going to stake per unit. This can be any amount you choose, but we’d recommend keeping it small relative to the total amount you have to gamble with. About 2% is a good guideline, and we strongly advise going no higher 5%.
You then have to follow three rules regarding your staking.
The Fibonacci system is a negative progression betting system, meaning it involves increasing your stakes following a losing wager. The theory is that doing this will help you to win money, as you’re likely to have higher stakes on winning wagers than you are on losing wagers. Oscar's Grind betting system. Labouchere betting system. Fibonacci betting system. Martingale betting system. D'Alembert betting system. Keefer roulette system. Betting Systems and the House Edge, an article by Ph.D. Mathematician Eliot Jacobson debunking betting systems. Betting Systems, an article by Michael Bluejay of VegasClick. A betting strategy (also known as betting system) is a structured approach to gambling, in the attempt to produce a profit.To be successful, the system must change the house edge into a player advantage — which is impossible for pure games of probability with fixed odds, akin to a perpetual motion machine.
Your first wager in each cycle should always be one single betting unit. This is because, ignoring the zero, one is the first number in the Fibonacci sequence. So if you’d decided that you were going to stake $5 per unit, your first wager would be for $5.
Rule 2 – Start with One Unit
Following a losing wager, you should move to the next number in the sequence for calculating the required stake. So, after losing your first wager, you’d move to the second number one in the sequence. That’s how many betting units you stake for your second wager. If you lost that one too, you’d move to the next number in the sequence. That’s a two, so you’d stake two units. Assuming $5 per unit again, the required stake is now $10.
This rule applies after every loss. You always move to the next number in the sequence, so you’re always increasing the stakes following a losing wager.
Is Martingale System Illegal
Following a winning wager, you should move down TWO numbers in the sequence. So if you won after staking 13 units, for example, you’d stake just five units on the next wager. If you won after betting 55 units, on your next wager you would stake 21 units.
Does Martingale Betting Work
This rule applies after every win, with the following two exceptions.
Martingale System Sports Betting System
- If you haven’t moved up at least two numbers in the sequence before winning, then you simply start at the beginning again.
- You start at the beginning of the sequence if at any point you are in profit for a cycle.