Double Betting Essay

757 Words4 Pages

Some roulette players use a sequenced betting system. The set of numbers in the sequence determines the size of the bet in a system known as the Fibonacci roulette betting system. As you might have noticed, the name is taken from one of the greatest mathematicians of the Middle Ages. That's because this betting system is actually based on his homonymous number sequence—the Fibonacci numbers. A Bit of History Leonardo Fibonacci, also known as Leonardo of Pisa, presented to the world a sequence of numbers in his book Liber Abaci, in the year 1202. Although there are previous records of the use of the sequence, the system bears his name. In a nutshell, the numbers are arranged in a sequence where each positive integer is the sum of the two preceding numbers. So it looks …show more content…

You then return two sequence numbers, back to $3 here, and continue. Unlike the Martingale betting system, which is designed to win at once after a series of double bets, Fibonacci is a series of long-term bets that do not bring a return after a single win (except the first bet). Advantages of the Fibonacci Roulette System When compared to the Martingale system, the big advantage of Fibonacci is the betting progression itself, which at a lower rate decreases the total risk. In the double betting system, the maximum bet allowed at the table may be higher (imagine 1 unit, 2 units, 4 units, 8 units, 16 units, and so on all the way to 512 units), often with fewer than 10 bets. With Fibonacci, the player can lose 13 consecutive times and win in the fourteenth, remaining "healthy." Furthermore, when playing in a French roulette with only a zero and the el prison rule, the player receives back half of his/her bet (or rises in the next round) if it gives zero. When this happens, the player can absorb a defeat in the sequence and must repeat the bet before returning to the