The Fibonacci betting system is used in small stakes baccarat games and it is mainly useful to cope with small lost bets. This system, unlike the Martingale betting system does not require a large bankroll. When a player uses the Fibonacci betting system he places a bet of one unit and the progression begins only when he loses, this, combined with a smart money management policy is a powerful combination.
The Fibonacci betting system was studied by Leonardo of Pisa in approximately the year 1,200AD. The system was used to describe the expansion of a perfect rabbit population which starts with one pair of rabits, the system assumes that they can reproduct after one month. The following is the Fibonacci system:
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987 and so on.
What this system is doing covering your last two bets. For instance, if you get to place 8 units ($8) and win your total net lost is:
-($1)-($1)-($2)-($3)-($5) $8=(-$4), which is a considerable lost for an online baccarat session consisted of 6 bets in a row.
This system is not useful in high-limits games where your basic unit is $10 or more. When the basic unit is no more than $5 online baccarat players can cope with loses of the short term. If you want to test the Fibonacci Betting System you can do it without risking your bankroll by playing in free online baccarat casinos.
Article by James Markson, 14/02/06
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