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
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
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).
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?