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Thursday, August 30, 2007

The Fibonacci sequence

Leonardo Fibonacci, was born in Pisa (now part of Italy) in 1170 A.D. He made a system of numbers that is with great success nowardays. In fact the system of Fibonacci is simple, every number is a sum of previous two numbers.

So that is a short example of The Fibonacci sequence:
1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, ...

We will use that system to calculate the bests of every match that we want to bet on. So this system also needs a matches with coeficients more than 3,00. That is one of the negative features of this system. The possitive is that it is cheap and quite successfull.
So let's introduce how we will bet on this system with coeficient 3,00. First we will bet 10$. If we catch the match we will have a winning of 30$ and a profit of 20$. If we lose continue with betting. The second number of the The Fibonacci sequence is 1 again, and we will bet again 10$, which will bring to us a profit of 10$ if we win this match. If we lose, continue with the third number, which is 2. This means that our betting with be 20$. If we win this match, the winning will be 60$ and the profit 20$. And if you lose continue with the numbers of The Fibonacci sequence.
Profits with this sytem are not so high, but enough in my oppinion. The bets are smaller than the double system. For example if we lose 10 matches we will lose only 1,430$, which is ten times less than the double system.

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