The Fibonacci sequence (1, 1, 2, 3, 5, 8, 13) is a set in which the previous two numbers are added together to derive the current number in the sequence. This famous sequence has come in handy in the field of math because of its presence in a variety of natural phenomena. In sports betting, the Fibonacci betting system is a way of attempting to maximize the value of the bets that you make in order to grow large profits. [+]

This betting system has absolutely nothing to do with attempting to discover statistical trends. Instead, it focuses on increasing your stake when betting on a specific type of draw in soccer. Of course, the Fibonacci betting system isn't a license to print money, but it does provide interesting insight into what appears to be a small oversight in sportsbooks odds.

Fibonacci Betting Betting System Review

The first rule of the Fibonacci betting system revolves around draws. According to some betting theories, sportsbooks have a much more difficult time predicting draws than they do wins or losses, resulting in the possibility of a wagering opportunity when sportsbooks give decent odds for those who predict a tie at the end of the game. For the Fibonacci system to work, the betting odds that you look for are 2.618 to 1 or greater.

When the conditions are met to make a bet, begin by betting in units that rise according to the Fibonacci sequence of numbers, starting with one unit. Depending on how much you're willing to stake, a unit could be one dollar, five dollars or twenty dollars. The second bet should be two units, the third bet two units, the fourth bet three units and so on. If using a five dollar unit, you would bet $5, $5, $10, $15 and $25, according to the sequence.

As long as the bettor is able to continue increasing their stake according to the Fibonacci sequence, the money you earn winning will outpace your losses.

Is This a Good System To Follow?

The Fibonacci betting system is an interesting to look at the way draws are viewed by sportsbooks and oddsmakers. The unpredictability of draws make it a bit difficult to correctly handicap probabilities, which has left a bit of an odds window for Fibonacci betting sequences on draws that offer good payouts in the event of a win.

One of the biggest issues with progressive betting systems, however, is the need to cover losses with increasingly large bets, which may not be possible because of the fact that sportsbooks and other legitimate wagering services may cap maximum betting amounts, in particular for soccer leagues that are less popular.

Any betting system that involves automatically wagering on specific circumstances ignore crucial factors like personnel changes or serious injuries to star players. Put simply, no betting system guarantees wins, but they do help reveal trends and can increase the odds slightly in your favor.