This system is based on a sequence of numbers first devised by an Italian mathematician in the 12th century and as with the earlier D’alambert system, took his name. Some people profess that the Fibonacci sequence can form the basis of a very efficient staking plan, especially when it comes to horse.

Add the two previous numbers in the sequence to get the next stake, ie 1-2-3-5-8-13-21-34.

Go up one step with each loss, down 2 steps with each win. Note that every win pays for the two losses before it, for example:

• bet £10 until you lose, then bet £20
• if you win at £20, then return to step 1. If you lose, then bet £30
• if you win at £30, then return to step 1. If you lose, then bet £50
• if you win at £50, then return to step 2. If you lose, then bet £80
• if you win at £80, then return to step 3. If you lose, then bet £130
• if you win at £130, then return to step 4. If you lose, then bet £210
• if you win at £210, then return to step 5. If you lose, then bet £340
• if you win at £340, then return to step 6. If you lose, return to step 1

There are several variations of the Fibonacci Staking Plan now included in The Staking Machine Software. These include a slight variation on the sequence where by an extra '1' is used in the sequence making it 1-1-2-3-5-8-13-21-34.

Further to that there is also an option to re-start the sequence following just one win. This can avoid heavy losses but can also avoid heavy wins !