Fibonacci Roulette Strategy
What is the Fibonacci roulette strategy?
The Fibonacci roulette system is based on the Fibonacci number sequence which is named after the famous mathematician Leonardo Fibonacci.
For those who are unaware of the Fibonacci number sequence and how it is calculated, it is reasonably simple. The sequence is calculated by adding the two previous numbers together to create the next number. For example, 0, 1, 1, 2, 3, 5 and 8.
When applying this to the game of roulette, the principles of the Fibonacci sequence remain the same.
To start, players will need to choose an even money bet type, such as red/black or odd/even. Once selected, the initial bet can be placed with the following bets increasing each time the player loses. When increasing the bet size, players use the numbers from the Fibonacci sequence.
After each win, players will need to reduce the bet size by two numbers in the sequence.
Positives of using the Fibonacci roulette strategy?
Assuming the player starts with the lowest possible amount of £1.00 for their first bet, the Fibonacci strategy does not cause the bet size to rise as quickly when compared to some of the other progressive strategies. Options such as the Martingale strategy require players to double their bet every time they lose.
Small bets are possible with this strategy as players often start at £1.00 before progressing through the Fibonacci sequence. This makes it possible for the strategy to be used by any player, although it is slightly more complex than other systems if you are new to the game.
With negative progression betting systems such as this, winning bets can potentially recover some of the previous losses, however, it is important to avoid chasing losses as it is very likely to experience a losing streak and find your bet size rising.
Negatives of using the Fibonacci roulette strategy?
As mentioned previously, there is a big risk that you will experience a streak of losses. Roulette is a game of random chance and the house edge stands at 2.7% in European roulette. This means that players are likely to experience more losses than they are wins.
With this being a progressive betting system, it is very common for players to find their bet amount rising fast when hitting a losing streak. American roulette games are even more likely to experience this as they have two zero pockets, increasing the house edge to 5.26%.
Many roulette tables have betting limits, causing problems for progressive betting systems. Very quickly, bet amounts can rise to the table's limit, preventing the player from following the strategy.
Summary of the Fibonacci roulette strategy
Firstly, the Fibonacci betting system can not be used to guarantee a win or any outcome. Roulette is a game based on random chance, meaning no strategy can help players to gain a certain outcome.
When compared to other roulette strategies, this is one of the more complex systems if you are new to the idea. Anyone who is new to roulette and learning the game might wish to opt for a simpler approach such as the constant bet strategy.
Increasing your bets each time you lose does make this a risky strategy so players should use it with caution and avoid chasing losses.
FAQs
Which players is the Fibonacci system suited for?
As the strategy can be used with a relatively low bankroll, it can be used by most players.
However, if you are new to the game, you might want to consider a more simple strategy that can allow you to play whilst learning the game. It's also likely that your bet size will increase to a larger amount making it less suitable for some players.
Which games of roulette can the Fibonacci system be used in?
The Fibonacci roulette betting system uses only even money bets so any roulette game that has this bet type available will be suitable. This can include both European and American roulette tables, as well as, online roulette games.