As you learned in one of our other articles, there are betting systems that can easily be applied to Baccarat. We talked about the Martingale Baccarat Strategy previously and now it’s time to take the next step, as Martingale isn’t even close to being the only betting system that can be used.
To refresh your memory, let’s check why it’s important to use a betting strategy playing Baccarat:
You’ll have goals set – you’ll know exactly how much money you are looking to win.
You’ll have a stop loss implemented, which will keep things in control.
You”ll concentrate on what system advises to do in a certain situation, instead of loosing your mind and betting everything that’s in your wallet.
Again, be advised that use of a betting system does not change the odds of any game. The House will still have an advantage of around 1.06%. However, you might benefit from useing a betting system, for the reasons outlined above.
The Fibonacci Baccarat Strategy
The Fibonacci system is very popular with roulette players. It can be used with any game that has an even bet. When comparing it to the Martingale, Fibonacci offers a less aggressive approach and features a more managable increase in bet sizing.
The whole Fibonacci strategy lies in a sequence of numbers, which is referred to as the Fibonacci Sequence. The sequence is 1 1 2 3 5 8 13 21 34 55 89 and goes as far as needed. If you didn’t notice the trend – each number in the sequence is the sum of two previous ones. 1+1=2, 2+1=3 and so on.
How does it work?
Once you are using this strategy at the Baccarat tables, each number in sequence displays the amount of units you have to bet. So in the beginning, you’ll be betting 1 unit. A unit represents an amount of money, which you have to set before the start. I’d advise to set it in a way that one unit doesn’t represent more than 1% of the total amount of your bankroll.
When you lose.
So, you start out by betting 1 unit – if you lose, you move on to next number in the sequence – 1. You bet 1 unit again. If you lose again, you change your bet to 2 units, and so on through the sequence – 3, 5, 8, … – until you win.
When you win.
If you win on the very first number, just start the whole sequence again and bet 1 unit. However, if you are further in the sequence when you win, you reduce your bet size by going back in the sequence two places.
Just to give an example of the in-game play:
You bet 1 Unit and lose – bet size goes to the next number in the sequence, 1
You bet 1 Unit and lose – bet size now becomes 2
You bet 2 Units and lose – bet size becomes 3
You bet 3 Units and lsoe – bet now is 5
You bet 5 Units and win – you go back two numbers, bet becomes 2
You bet 2 and win again – The system is over, you can start it over again.
In the above series of bets, you played 6 hands, you lost 4 and won 2. On the losing bets you lost a total of 7 units (1+1+2+3) and on the to winning hands you won a total of 7 (5+2) to come out even.
Advantages and disadvantages in Fibonacci Baccarat System
As outlined above, use of any betting system will greatly benefit the level of concentration at the table and will also keep your mind cool. You won’t give in your emotion, which is exactly what gambling addicts do.
Fibonacci is a linear betting system and while it suggests that you should chase your losses, it does it in a more managable manner, when compared to Martingale.
Ass systems go, this is not a bad on. Bearing in mind that the odds are still against you, this can be a workable system for use in shorter gambling sessions, though it is better suited to play in a real life casino.
Flaw in the Fibonacci Baccarat System
So why doesn’t it work? Well, for the exact same reason any other betting system does not – systems or progressions, or changing your bet amounts after each hand WON’T affect the house edge. Unless you cheat, you’ll always be an underdog when playing Baccarat. Ask yourself a simple question : If it really would be profitable, would casinos allow it? Of course not!
Don’t get me wrong – if you like playing baccarat, use of this system will greatly benefit you. How? I guess you haven’t read this article, have you? Scroll the page up a little and re-read it !