Fibonacci
Progression in horse racing gambling systems
Who was Fibonacci? Well, with a name
like that you may correctly deduce that he was an
Italian.
He was, in fact, also a mathematician who discovered
that there is a natural numerical sequence that grows
by the sum of the previous two figures.
Pretty intellectual stuff, huh?
What it means is that if you follow the progression:
1 1 2 3 5 8 13 21 34 55 89 144 233
at
any time you strike a winner at better than 2/1 ($3.00)
you end up in front.
As you can see from the above example though, if you
strike a losing sequence of just 13 your next bet
is 377 units (whatever value that may be).
Of
course, if, at any stage of that progression, a winner
was struck at better odds, say 5/1, you get a great
collect but how confident are you in your
selection method that you'll never end up beyond a
losing run of 13 and facing Armageddon?
