What is Fibonacci? is not a term that every player understands when participating in betting. Nowadays they are more commonly used, so they require understanding from members when placing bets. The benefits of using Fibonacci will bring bettors greater profits. So please follow the following article to know what they mean!
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TermsWhat is Fibonacci?
What is Fibonacci? – This is known as a well-known strategy in mathematics and has widespread application today. Their names are also taken after the mathematician of the same name to show gratitude to him. This tactic was born in Italy and published in 1202 in the book Liber Abaci. Hi88bets is the bookmaker who soon applied this strategy.
However, according to some official research, Fibonacci is an Indian invention in mathematics. They have even appeared since 200 BC. That shows that the development of mathematics and its application were known quite early. Currently, Fibonacci is also commonly used in many different subjects, especially betting.
What is the term Fibonacci?
How to use Fibonacci at HI88
Understand What is Fibonacci? You need to know how to use this strategy. Because only then can you apply them flexibly to achieve the highest efficiency. That is:
The effects of the Fibonacci number sequence
Fibonacci is currently known as a magical sequence of numbers in mathematics and is commonly applied in betting and many other fields at bookmaker HI88. They are described with the specific formula:N3 = N1 + N2
This means you will add two adjacent numbers to get the next number. For example, the sequence 1, 1, 2, 3, 5, 8, 11, and 21 is the Fibonacci sequence.
CIs the Fibonacci strategy effective at HI88BETS?
If looking at the statistical results in the Premier League 2019 – 2020 season, there were 92 matches ending in draws with a total of 380 matches. Therefore, the probability of a draw is calculated as 24.5% with the draw odds being1 for 2,618. Therefore, if you choose to bet according to this strategy, you will win 1 out of every 4 matches. The player will gain a benefit of 3 units when applying Fibonacci.
The profit earned is $7 which means after 380 you receive $1,768. Currently, many brothers have successfully applied this strategy and brought the chance of winning almost to 100%. Currently, everyone in the betting world chooses and knows Fibonacci to apply. In addition, some financial investment fields also use this strategy.
The disadvantage ofWhat is the Fibonacci strategy?
Currently, Fibonacci is known as an effective and comprehensive strategy. However, during use there are still certain limitations that you need to be aware of such as:
Bets take place with unpredictable developments so players cannot bet on many different games at the same time. When participating for a period of time, you must calculate to divide the number of bets. Therefore, if you win, the profit you earn will not be much.
If you want to overcome and increase profits when betting with Fibonacci, players need to divide betting time appropriately for each subject. Because if you do that, you will be able to catch the time of the matches without missing out.
Players should not stubbornly apply Fibonacci to only one team. Because in fact it will cause you to lose money if there is no calculation. You need to learn how to analyze matches in different disciplines to recognize and maximize the effectiveness of tactics.
What are the disadvantages of the Fibonacci strategy?
Apply What is Fibonacci like in soccer?
Understand What is Fibonacci? Players will certainly be eager to apply them into practice. Currently, football is the most used sport by players. To do this, you need to watch 4 to 5 matches at the same time to recognize developments. From there, calculate to increase the bet amount by 20 to 30% compared to the original, specifically as follows:
- First match: bet 20 degrees, the result is a loss.
- Second match: continue to bet $20 and lose again.
- Third match: now use the Fibonacci strategy and increase the bet amount to 20%.
- Fourth match: although the results are still not positive, please increase your money up to 30%.
- Fifth match: in this game with a bet of 50% of the initial capital, if you win, you will get back everything you lost.
How to apply Fibonacci in soccer
Question What is Fibonacci?We have learned and shared with fellow bettors through the content of the above article. HI88BETS is currently one of the bookmakers with many players using this strategy in betting games. You can come here to have the best experiences and the opportunity to win with high profits.