Fibonacci was a mathematician who discovered a series of numbers where the sum of each two numbers in the series equals the number which follows. A Fibonacci series with twelve levels of bets would look like: 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, for a total, risked of $608.
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This is a very low-risk system for use with even-money bets at craps, roulette, and baccarat. To use it, you will increase your bet one level following a loss. After any win, you drop your next wager one level. If you win two bets in a row or win two out of three bets, you drop back to the first bet in the series.
This system was sold many years ago for $100 a copy with instructions to use it betting Don't Pass in craps. This is a good system for partners to use betting opposites. With roulette, for instance, one partner could bet red while the other wagered black. With craps, one would wager on pass line and the other on Don't Pass. With baccarat, one partner would bet banker and the other on player hands.
An adaptation of this system has been used to successfully win at craps.
Incidentally, there are a number of derivations of the Fibonacci series of numbers, including ratios of the numbers, which are regularly used in trading stocks and commodity futures contracts. This is indeed a versatile and powerful sequence of numbers.
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