where BetN is your Nth bet after your Nth losing streak and B1 is your initial bet. With this formula, you are sure that your losses will be covered up and you will win your initial bet every time a losing streak ends. However, by our calculations in the example, by the fourth round, you are already down! Meaning if you only have P1000, you are out of the game! The beauty of this method is if you have unlimited money, unlimited games and your bookmaker has NO maximum bet limit, you are sure that you will win since it is a sure thing that you will hit a “win” after some time. In this example, if you have the P3,619.05 needed for bet #4, you can actually win P454.00 by the end of the round. However, in reality you may not have a very big amount of money to wager on and most of the times bookmakers have a maximum bet limit. Use this method at your own risk.

**4. Fibonacci**

A Fibonacci sequence is as follows:

**0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, … **

It starts with 0 and 1, you add these and get 1. You then add the last number and the number before that, so 1 + 1 = 2. Next goes 1 + 2 = 3. This goes on and on. In this staking method, you increase your wager by the Fibonacci sequence as you continue to lose. Once you win, you go back to 1. Using P100 as the initial wager: