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-   -   Has anyone played around with Fibonacci numbers? (http://forums.ozmium.com.au/showthread.php?t=8184)

Alex H. 21st March 2005 07:11 PM

Has anyone played around with Fibonacci numbers?
 
Hi guys.

Has anyone tried using these as part of a system? They might also work in trying to determine winning and losing streaks.

Alex.

Bhagwan 22nd March 2005 05:25 AM

It can work if you can pick winners , like all staking plans.
It`s always the dreaded run of out that always kill us in the long run.
If one was to use it , it would have longer legs if one had a seperate bank for each venue one is targeting for the day, & stopping at each venue once a profit is reached.
If one or more venues fall over on the day write the loss off , dont chase losses on to the next day.

For those who dont know how this works ,it goes something like this (there are several versions of this but this maybe the safest)

1,1,1/ We start by writing this down, underneath one another .
We add the 1st No. to the last No. as shown above , in this case 1+1=2
If it loses , we add 2 to the sequence which now looks like 1112.
1+2=3
Sequence now looks like 11123
If we strike a winner at evens e.g. 1/1 ($2.00) we place a line through the 3 & the 1.
The sequence now looks like 112
1=2=3 outlay
If another winner at evens.
We are now in front.

We always delete one number from the first & last number in the sequence if 1/1 Odds .
2/1 Odds ($3.00) we delete 2 numbers from first & last numbers in the sequence.
3/1 ($4.00) we deduct 3 numbers from first & last part of the sequence.Ect

Whenever we are left with one number left or less, we should be in profit

The other variations can look like 112 or 123 ect .It does`nt matter .
It`s the sequence that makes it work.
It`s mathematicly very clever, originally used on roulett, to target even money payouts.

Be carefull with it because it can increase dramaticly with a long run of outs , so one must have a cut off point say 15 bets before one calls it quits & start fron the beginning again.

Cheers.

woof43 22nd March 2005 09:59 PM

Scoring Classes & Finishes
 
Hi,
From my experience the sequence is best applied in Handicapping, that is scoring Classes & Finishes and not in Wagering, the lack of detail is because this is part of my "EDGE", now that is a real tip.

The Swooper 23rd March 2005 06:53 PM

Fibonacci Numbers
 
Hi,
If you are interested, I have two spreadsheets I collected from a free website in England a few years back.

Regards, Gary

Alex H. 23rd March 2005 07:07 PM

Yeah, I'd be very interested. How do we go about it?


Alex.

The Swooper 23rd March 2005 08:18 PM

Fibonnaci
 
Hi Alex,
Let me know your email and I'll pass them on to you.

Regards, Gary

Chuck 23rd March 2005 08:28 PM

do you mind if i could have a copy as well?

chucky_s_3000 at yahoo dot com dot au

Alex H. 23rd March 2005 08:29 PM

email addy.
 
Hi Swooper.

findalexh@yahoo.com.au

Alex.

pepsi 23rd March 2005 11:16 PM

Hello Swooper,

may you be so kind to forward those spreadsheets.
email giuseppemoncada@hotmail.com

kind regards

Goldcoaster 24th March 2005 02:42 PM

may i also get the spreadsheets
kewldude28@hotmail.com
Thanks


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