The Fibonacci betting strategy is extremely popular in Blackjack but works just as well in other casino games too, for example, Craps. It is based on a mathematical sequence of numbers. We’re not keen on discussing maths too, but Blackjack is a mathematical game.
You may not link the maths to gambling but, just for a moment think about all the films that involve casinos or gambling. Those films involve numbers and sequences of numbers, it may pain us to accept it, but maths really does permeate all aspects of life.
The popularity of the betting strategy stems from its less risky, safe and slow pace. Below we look at what it is and how you can use it when playing online Blackjack.
Fibonacci Strategy – What is it?
The Fibonacci betting strategy was developed more than 900 years ago and is a sequence of numbers. While the origins of the strategy are unclear, many attribute it to Leonard Pisano Bigollo. Bigollo was a mathematician and was also known as Fibonacci. Hence the series is numbers is named after him.
The strategy falls into negative progression betting category. In other words, it means that whenever you are winning, you must decrease your bets; and when you are losing you must increase them. The sequence of numbers are as follows:
1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89
While the original sequence begins with zero, in gambling we do not include it. The premises of the strategy in gambling is that if you increase your bets frequently, then sooner or later your winnings will overcome your losses.
Each number in the sequence is the sum of the two numbers before it, for example, 1+1=2, 1+2=3, 3+5=8 etc.
How does the Fibonacci Strategy Work in Online Blackjack?
In online Blackjack the strategy is used based on two rules:
- When you lose a bet, you must increase the bet amount according to the number progression on the sequence
- If you win a bet, you must start the sequence again
Don’t let the math intimidate you, to sum up, this mathematical strategy – you need to know what the next number in the sequence is, that way you will always know what to bet.
We have mentioned throughout our site that there isn’t a sure-fire set of rules or tips to ensure you win every time. However, when it comes to table games, there are numerous strategies that you can adopt. In light of the above information, the Fibonacci strategy is definitely worth a shot when playing online Blackjack. Find a fun and exciting AU online casino to test out what you have learnt today!