What is the Fibonacci Method?
The Fibonacci system is a numerical sequence used by gamblers to manage their gaming budget. It is based on an ancient number series developed in the 13th century by Italian mathematician Leonardo Pisano, known as Fibonacci, from whom the method gets its name. In this sequence, each number is the sum of the two preceding ones: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, and so on. There are four key elements to this method:
