Fibonacci Betting is a wagering strategy based on the famous Fibonacci sequence, where each number is the sum of the two preceding ones. In this betting system, players increase their bets following the sequence after a loss and revert to the beginning after a win. This method aims to recover losses gradually while maintaining a structured approach to betting. The strategy is often used in games like roulette or blackjack, where players can place bets on even-money outcomes. While it can help manage bankrolls, it does not guarantee profits and carries the same risks as any gambling strategy.