No Go Fibonacci

The Gofibonacci horse racing system is based on — you guessed it — a Fibonacci betting system. Using a Fibonacci system to price your bets and lays is one of the oldest tricks in the book. So what does Gofibonacci bring to this age old formula?

I say ‘trick’ with slight reservation because as we all know any system that requires you to chase your losses in this way is doomed to failure eventually. Just like any Martingdale system, you will most probably win a little for a while then you will lose a lot. By a lot I mean “all of your money”.

Buying the Gofibonacci racing system will provide you with a 16 page PDF ebook describing the system and the selection process. Read through this, process and you’re set to go. It’s really quite a simple system and that has to work in its benefit. Unfortunately, though, a simple system that loses money is worse than a complex system that is neutral, so success in that area has to be the acid test. I can throw money into the toilet: that’s a simple system, but it won’t provide me with a great deal of tangible benefits, will it?

Personally, I have some problems with the product. First and foremost is the amount of time taken up by it. You have to be at your computer whenever a race finishes so that you know what to bet on the next. not great if you have to work the 9-5 to fund your gambling habit. Next are the results quoted on the sales page: these are misleading (set at industry SP rather than Betfair lay prices) and this skews the results. I don’t think that misleading customers is a good thing to do.

Another definite loser that I wouldn’t personally recommend you try out.