How work Fibonacci strategy?

[jamyr]

Hello.

When it was my first week gambling(online/real-world) I spent hours and hours looking for strategies. What I've learned from experience is never play long. Do 5-20 minutes. Either go big or go home.

-jamyr

P.S.

These are words I write, but cannot live with.

[Phildo]

there is no way to make -ev bets that will end up good for you.

If you want to win at gambling, make good bets. You cannot make good bets on a dice site.

what mean good bet?
why dice site is not good?

a good bet is a bet with a positive expected value, a bad bet is a bet with a negative expected value.

Examples of bad bets, every bet on a dice site or 99% of bets in a casino.

Neutral bet, that has an ev of 0. We flip a coin, you get 1 dollar if it's heads, i get 1 dollar if it's tails. That is an even bet for both of us.

Good bet, we flip a coin, if it's heads you give me a dollar, if it's tails I give you 95 cents. That is a good bet for me, and a bad bet for you.

[carlfebz2]

Hello.

When it was my first week gambling(online/real-world) I spent hours and hours looking for strategies. What I've learned from experience is never play long. Do 5-20 minutes. Either go big or go home.

-jamyr

P.S.

These are words I write, but cannot live with.

Theres no strategy exist when you do play gambling  especially when you play on games which fully relies on luck. Playing  long hours on gambling is not an ideal thing because most gamblers do lose on the long run that's why its not ideal to play on longer hours. You wrote it but you cant live with it then you are sure a gambling addict.

Back to topic. didn't heard about fibonnacci strategy that is being used on gambling I do only hear that on forex tradings.

[babyjesusftw1]

I'd suggest not using math systems like martingale and whatever this is that you're talking about. They do not work in the long-run. You are not guaranteed to inevitably win, so you can lose your money very quickly with these systems that don't actually work.

[Patatas]

I'd suggest not using math systems like martingale and whatever this is that you're talking about. They do not work in the long-run.

It's Fibonacci series what we learnt in the middle school.Forget about working in the long run,they don't work at all.Might work in offline bets (as discussed in the thread before).

You are not guaranteed to inevitably win, so you can lose your money very quickly with these systems that don't actually work.

Again,depends on the type of bets that decides how quickly you lose and not your strategies.

[pooya87]

I'd suggest not using math systems like martingale and whatever this is that you're talking about. They do not work in the long-run.

It's Fibonacci series what we learnt in the middle school.Forget about working in the long run,they don't work at all.Might work in offline bets (as discussed in the thread before).

You are not guaranteed to inevitably win, so you can lose your money very quickly with these systems that don't actually work.

Again,depends on the type of bets that decides how quickly you lose and not your strategies.

every strategy has its own pros and cons and when it comes down to gambling everything depends on the luck and if you get lucky to win or not and lose.

Fibonacci strategy is no different either, and it is so much harder to implement than other easier strategies like martingale because you have to calculate your total loss every round and make a bigger bet to cover all the accumulated loss. the good part of it is that you can play with a smaller bankroll.

[mrcash02]

I'd suggest not using math systems like martingale and whatever this is that you're talking about. They do not work in the long-run.

It's Fibonacci series what we learnt in the middle school.Forget about working in the long run,they don't work at all.Might work in offline bets (as discussed in the thread before).

You are not guaranteed to inevitably win, so you can lose your money very quickly with these systems that don't actually work.

Again,depends on the type of bets that decides how quickly you lose and not your strategies.

every strategy has its own pros and cons and when it comes down to gambling everything depends on the luck and if you get lucky to win or not and lose.

Fibonacci strategy is no different either, and it is so much harder to implement than other easier strategies like martingale because you have to calculate your total loss every round and make a bigger bet to cover all the accumulated loss. the good part of it is that you can play with a smaller bankroll.

Fibonacci is worse than Martingale. You never get profit, it's just a way to lose your money slowly. Much time ago I tried this and after 2 minutes I saw that it won't work. On losses sequences you never recover all the satoshis lost with Fibonacci, you always miss some satoshis.

Both strategies, Fibonacci and Martingale, don't work on long term, but Martingale can be more profitable on short term.

[Herbert2020]

don't get confused with the names, these are all just numbers and require basic mathematical knowledge to come up with another strategy! you can call it anything you like then.

the important thing to remember in any kind of strategy is that you should look for ways to carefully design them so that when you lose 1 time or 1000 times any bet in between that is won, brings back all your money plus profit and that is the hardest part not coming up with how you increase the next bet.

[mirakal]

I'd suggest not using math systems like martingale and whatever this is that you're talking about. They do not work in the long-run.

It's Fibonacci series what we learnt in the middle school.Forget about working in the long run,they don't work at all.Might work in offline bets (as discussed in the thread before).

You are not guaranteed to inevitably win, so you can lose your money very quickly with these systems that don't actually work.

Again,depends on the type of bets that decides how quickly you lose and not your strategies.

every strategy has its own pros and cons and when it comes down to gambling everything depends on the luck and if you get lucky to win or not and lose.

Fibonacci strategy is no different either, and it is so much harder to implement than other easier strategies like martingale because you have to calculate your total loss every round and make a bigger bet to cover all the accumulated loss. the good part of it is that you can play with a smaller bankroll.

Fibonacci is worse than Martingale. You never get profit, it's just a way to lose your money slowly. Much time ago I tried this and after 2 minutes I saw that it won't work. On losses sequences you never recover all the satoshis lost with Fibonacci, you always miss some satoshis.

Both strategies, Fibonacci and Martingale, don't work on long term, but Martingale can be more profitable on short term.

I have one word to say, don't blame it to the method, blame it to ourselves. We are the one making bets, so it's up to us if we can win or not.

[Caladonian]

don't get confused with the names, these are all just numbers and require basic mathematical knowledge to come up with another strategy! you can call it anything you like then.

the important thing to remember in any kind of strategy is that you should look for ways to carefully design them so that when you lose 1 time or 1000 times any bet in between that is won, brings back all your money plus profit and that is the hardest part not coming up with how you increase the next bet.

that's right its the intention why martingale has been form keep doubling your money to at least get small rewards if you win from your pick i'm not really famliar with Fibonacci but it seems that same process and get same results just to recover and win at least smaller winnings but in the end we are still can't rely on any strategy we need to build our own own to win.

[BTCLovingDude]

I'd suggest not using math systems like martingale and whatever this is that you're talking about. They do not work in the long-run.

It's Fibonacci series what we learnt in the middle school.Forget about working in the long run,they don't work at all.Might work in offline bets (as discussed in the thread before).

You are not guaranteed to inevitably win, so you can lose your money very quickly with these systems that don't actually work.

Again,depends on the type of bets that decides how quickly you lose and not your strategies.

every strategy has its own pros and cons and when it comes down to gambling everything depends on the luck and if you get lucky to win or not and lose.

Fibonacci strategy is no different either, and it is so much harder to implement than other easier strategies like martingale because you have to calculate your total loss every round and make a bigger bet to cover all the accumulated loss. the good part of it is that you can play with a smaller bankroll.

Fibonacci is worse than Martingale. You never get profit, it's just a way to lose your money slowly. Much time ago I tried this and after 2 minutes I saw that it won't work. On losses sequences you never recover all the satoshis lost with Fibonacci, you always miss some satoshis.

Both strategies, Fibonacci and Martingale, don't work on long term, but Martingale can be more profitable on short term.

I have one word to say, don't blame it to the method, blame it to ourselves. We are the one making bets, so it's up to us if we can win or not.

every strategy needs to be tested first before using it with real money and Fibonacci strategy is no different. I have never heard about it before this but since it seems like an interesting strategy from what i have read so far, i am most certainly going to do some research about this method and then do some calculations and report back with the results.

it is good to have some change in my strategies when it comes to dice games.

[jamyr]

Hello.

When it was my first week gambling(online/real-world) I spent hours and hours looking for strategies. What I've learned from experience is never play long. Do 5-20 minutes. Either go big or go home.

-jamyr

P.S.

These are words I write, but cannot live with.

Theres no strategy exist when you do play gambling  especially when you play on games which fully relies on luck. Playing  long hours on gambling is not an ideal thing because most gamblers do lose on the long run that's why its not ideal to play on longer hours. You wrote it but you cant live with it then you are sure a gambling addict.

Back to topic. didn't heard about fibonnacci strategy that is being used on gambling I do only hear that on forex tradings.

Hello.

You wrote it but you cant live with it then you are sure a gambling addict.

Gambling enthusiast would be a much acceptable term. Haha. Well it really is addictive especially if the community(virtual or real) is very lively. Just like facebook, twitter, and other social media websites. I personally go to places to gamble for fun, not for profit. So win or lose(which is mostly the case), I smile whenever I am done.

-jamyr

[Phildo]

I'd suggest not using math systems like martingale and whatever this is that you're talking about. They do not work in the long-run. You are not guaranteed to inevitably win, so you can lose your money very quickly with these systems that don't actually work.

do not call martingale a "math system." anyone who has looked at the math of it and has a brain will tell you that it will cause you to lose a ton.