Fibonacci Roulette System
If you’re new to roulette and want to know more about betting strategies, you’ve come to the right place! This article will cover the basics behind the Fibonacci roulette system, a negative progression strategy that functions similarly to the Martingale. This betting strategy calls for an increase of the wager on a loss and a decrease on a win, but it’s a bit more nuanced than other strategies. Read on to learn more about this betting strategy and how to use it on roulette.
What Is The Fibonacci Roulette Strategy?
The Fibonacci roulette strategy is closely tied to the Fibonacci sequence, which is often applied in mathematics and science. The golden ratio, which describes predictable patterns in nature, is derived from the Fibonacci sequence. This number sequence was first introduced by Leonardo Bonacci in his 1202 “Liber Abaci”, where he denoted the appearance of this sequence in everything from seashells to the population growth of rabbits. Leonardo Bonacci was referred to as Leonardo filius Bonacci (son of Bonacci) in the historical records of the 15th century, hence the name — Fibonacci.
The Fibonacci sequence begins with zero and one, and subsequent numbers are the sum of the two preceding numbers. Here is how the sequence runs: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377 and so on — the Fibonacci sequence is infinite! Let’s have a look at how it can be applied to roulette betting.
How Does The Fibonacci Roulette Strategy Work?
The system is widely used on even-money bets, such as Red/Black, Odd/Even and Low/High (1-18/19-36). Even odds are optimal for any progression strategy, as the chances of winning are nearly 50%. Theoretically, this signifies that the number of losses and wins will be relatively equal. Using these strategies on Inside bets, for example, poses a far greater risk.
The numbers in the Fibonacci sequence will determine the wagers that you place. In short, you follow the sequence on losses and decrease the wager on a win. Like most betting systems, the Fibonacci strategy is not a secret method to reeling in profits. Instead; this strategy aims to mitigate the damage from losses when the streak ends, much like the Martingale. In other words, it capitalises on the theoretical probability of an eventual win to break even after a series of losses.
How To Use The Fibonacci Roulette Strategy In Roulette
As with all betting progression strategies, it is recommended that you start off with a low wager. To use the Fibonacci strategy in roulette, follow the simple steps below. We will use €1 as a starting wager.
- If you’re just starting out, we recommend playing the free demo version of RNG roulette. This allows you to control the pace of the game and practice betting strategies without draining your bankroll. Although the demo is only available to registered users at online casinos, it is best to try new strategies with as little risk as possible. When you’re ready to play with real wagers, you can enjoy First Person roulette tables or join one of the Live Casino roulette games at LV BET!
- Take a seat and place your starting wager of €1 on an even-money bet, such as Red/Black, Odd/Even and Low/High (1-18/19-36).
- Keep the sequence handy, it is recommended that new casino players use no more than the first 10 numbers: 1, 1, 2, 3, 5, 8, 13, 21, 34 and 55.
- Whether you win or lose your first bet, your next wager will be €1 as well.
- If you win the second wager, keep placing bets of €1 until you lose.
- On a loss, increase your wager to the next number on the sequence, €2.
- If you lose again, keep advancing further in the sequence until the next win. For example, three subsequent losses mean that the following wagers should be €3, €5 and €8.
- When the streak ends with a win, decrease your wager by going back two numbers in the sequence. For example, if you win on the €8 wager, your next bet will be €3.
That’s all there is to it! Once you get started on the sequence, it’s all about rinsing and repeating the steps above. This strategy is relatively easy to learn and use, but do so carefully. It is recommended that you set limits and stick to your bankroll, as this strategy is far from flawless.
Is The Fibonacci Roulette Strategy Effective?
The effectiveness of this strategy is entirely theoretical and dependent on several factors. For one, the player’s bankroll this strategy’s most limiting factor. Since the wagers corresponding to the sequence increase exponentially, the average player’s bankroll can take heavy damage.
Another important concept to distinguish is the gambler’s fallacy, the flawed belief that is an event occurs more frequently than normal (such as a losing streak on even-money bets), then it is less likely to occur in the future. Anytime you wish to use a roulette betting strategy, remind yourself that all roulette outcomes are statistically independent of one another. This means that the odds of a win or loss on your wager do not depend on what has happened in the past. In other words, there is absolutely nothing that can guarantee success with the Fibonacci roulette strategy.
Advantages Of The Fibonacci Roulette Strategy
- One of the advantages of this strategy is that it is easy to follow and execute.
- Unlike the Martingale, the wager is not reset on a win and, thus, offers a chance to make up for the losses faster.
- This strategy poses less risk than the Martingale, as the wagers are not doubled on a loss.
- Players can further reduce the risk by playing with small wagers. The sequence can start with a wager of €0.10, following the same progression (eg: €0.10, €0.10, €0.20, €0.30, €0.50 and so on).
Disadvantages Of The Fibonacci Roulette Strategy
Unfortunately, this strategy shares many of the same downfalls as the Martingale and other progression systems.
- Only even-money wagers are suitable for this method.
- The effectiveness of the strategy is dependent on the player’s bankroll.
- Extended losing streaks can quickly turn this system into a disastrous venture.
- Multiple losses can also reach the table’s wager ceiling, which ultimately results in a significant loss of funds.
- Players must have a strong understanding of odds and the house edge. There is nothing that can guarantee that a losing streak will come to an end, and this strategy does not impact the house edge in any way.
- In the long run, all betting progression systems are unsuccessful.
Many players adopt the Fibonacci roulette system to structure their bets and play roulette strategically. While this strategy may work for some players, it has the potential to turn damaging. If you choose to give it a try, start with small wagers and set a limiting number to avoid overextending your session. Please play responsibly!
