The Fibonacci Roulette Strategy – Brief Introduction of The System

The Fibonacci roulette strategy is one of the most well-known betting systems, favoured for its structured approach. While it offers a gradual way to manage losses, it’s important to recognise the risks involved, especially during long losing streaks.

The Fibonacci Sequence
Fibonacci Roulette System
Where to Test the Fibonacci Strategy
Frequently Asked Questions

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Last Updated on 22 Oct 2024 by Review Team

In the paragraphs below, you’ll learn about Fibonacci, the mathematician behind the famous sequence, and why it’s significant. We’ve also included a step-by-step guide to help you use the Fibonacci betting system for roulette.

For those ready to try it, you can explore our detailed page on the best online casinos for roulette, which offers a list of top casinos where you can apply this strategy. Whether you’re new to roulette or looking to improve your skills, the guide covers everything you need to know.

The Fibonacci Sequence and What It Has to Do with Roulette Players

We cannot start discussing the Fibonacci roulette strategy without first talking about the man himself. Leonardo Pisano Bigollo, later known as Fibonacci, was an Italian mathematician from Pisa, who is widely accepted to have been the most talented Western mathematician of the Middle Ages.

Amongst hundreds of discoveries to his name, the one thing that he is most notably known for is the infamous Fibonacci sequence. For those of you who have never heard of it, it is a numerical sequence of the type Fn= Fn-1 + Fn-2 where each number is equal to the sum of the two numbers that came before.

As you can see from the image above, it turned out that there was a connection between the numerical sequence that Fibonacci introduced into the Western world as a solution for a maths problem and the golden ratio, that musicians, architects, painters and sculptors have been using for thousands of years.

The mysticism surrounding it and the fact that people are naturally attracted to things that follow the golden ratio are some of the main reasons why so many gamblers have been attracted to the Fibonacci sequence. Not only that, but throughout the years it has become the foundation for one of the most widespread roulette strategies out there!

The Fibonacci Roulette System – What It Is and How It Works?

Now that you’re familiar with the Fibonacci sequence, let’s see how it applies to roulette. The Fibonacci roulette system is a straightforward progressive betting sstrategy where players follow the sequence to determine their bet sizes. Like other systems of this kind, it’s designed for even-money bets such as red/black, odd/even, and 1-18/19-36. To make it simple, we’ve created an easy step-by-step guide that even beginners can follow to use the Fibonacci strategy effectively while playing roulette.

1. Chose a Bet Type – The very first thing that you have to do after taking a seat at the roulette table is to select your wager. In order to make the Fibonacci roulette strategy work, you will have to choose one of the six even money betting options. These are odd, even, red, black, 19 to 36, or 1 to 18.
2. Place a Wager – Once you have selected the bet type that you’d like to go after, it is time to place some chips on the table. In the classic version of the strategy and the one we recommend, you will start by making two consecutive £1 bets.
3. If You Lose – If you lose you will have to increase your wager by going up the numerical sequence. For example, if you’ve bet £3 and you lose you will have to place £5 on the table for your next round. If you lose again, bet £8, then £13 and so on.
4. If You Win – If you’re lucky and manage to win on your very first bet, then stay on it until fortune eventually abandons you. If you happen to win while you are further down the Fibonacci sequence, then simply move back two numbers and continue from there.

As you can see, mastering this strategy involves just four simple steps, and following our guide should make it easy to apply even in your first game. While the system is simple and minimizes player errors, remember that like all roulette strategies, it’s not flawless.

It’s important to practice responsible gambling, set limits, and understand that no system can guarantee success in roulette. Always play within your means and be aware of the risks involved in any betting system.

Advantages of the Fibonacci Roulette System

To begin with, the Fibonacci roulette system offers a significantly lower risk, when compared to the rest of the progressive strategies. And to give you an example, we ran a random 10-round simulation where we compared it to another well-known betting system – the Martingale.
In a scenario where we lost 7 rounds and won only three, using the Fibonacci strategy would have resulted in a bankroll balance of £12, which isn’t much, but is more than the £1 that we started with.

Despite suffering four consecutive losses from round 1 to round 5, the results using the Fibonacci strategy were impressive. Had we used the Martingale system instead, the same losing streak would have left us with a negative balance of £31.

The Fibonacci system’s slower progression makes it less risky and easier to manage for new and inexperienced players, as it avoids the sharp bet increases seen in Martingale. Additionally, the Fibonacci strategy is simple to learn, making it arguably a good starting point for those unfamiliar with betting systems.

Issues – Things to Keep in Mind

The Fibonacci system is not without its flaws of course. To begin with, like all other roulette strategies, it is not going to work in the long run, because the house will always retain a small advantage of a couple of percent. That’s just how casino games work – there is no way around it. And that is not a problem of this very strategy, but of all casino betting systems.

Another issue with the Fibonacci strategy, which is also inherent in all negative progression betting systems, is the fact that your playing time is restricted by both your bankroll and the table betting limits.

For example, you should consider playing at the best high stakes roulette online operators if you want high table limits and big bets available. If you end up on a rather prolonged losing streak, you may end up having to bet more than what’s allowed on your table or more than what you have in your bank account.

Time to Try the Fibonacci System Yourself

If you want to try your newly acquired knowledge of the Fibonacci roulette strategy while playing with real money, remember that safety must be your priority. The casino you pick should be completely legitimate and must hold all the licenses and accreditations required by the UK Gambling Laws.

It’s a common practice of online casinos to try and attract new players with welcome bonuses (though finding specific roulette bonuses can be tough), diverse games, and 24/7 customer support. Yet, sometimes, an important feature could be missing or not functional, so it’s worth doing your own research.

FAQ

At the very end of our guide, we are going to take some time and answer some of your most frequently asked questions. We hope that our short and comprehensive answers will help you understand the concept and employ it on your next visit to the casino.

💰 How does the Fibonacci strategy work?

The Fibonacci roulette strategy depends on the numerical sequence of the same name. All players have to do is follow a few simple steps and increase or decrease their wager according to the Fibonacci sequence.

👌 Is the Fibonacci strategy safe?

The Fibonacci strategy isn’t "safe" in the traditional sense. It’s a negative progression system, requiring you to increase bets after losses, which can lead to significant losses during a losing streak. While it may seem less aggressive than other systems, responsible gambling is crucial when using it.

🤑 Why use the Fibonacci roulette strategy?

The Fibonacci roulette strategy offers a structured and less aggressive approach to recovering losses compared to other systems like Martingale. It’s simple to learn and follows the famous Fibonacci sequence, making it popular among players who prefer gradual progression. However, like all systems, it cannot guarantee long-term success.

👍 Is the Fibonacci betting system used anywhere else?

Yes, the Fibonacci betting system is used in various forms of gambling and investment strategies beyond roulette. It’s commonly applied to financial markets, where investors use the Fibonacci sequence to predict stock price movements. In gambling, it’s also used in games like blackjack and craps. The system is valued for its structured approach, though its effectiveness remains debated in both gambling and investment contexts.

Last Thoughts

To sum up, while the Fibonacci roulette system is easy to learn and may seem appealing, it carries significant risks. As a negative progression system, it increases bets after losses, which can quickly deplete your bankroll during a losing streak.

Importantly, no roulette strategy can overcome the house edge, meaning that in the long run, you are more likely to lose than win. It’s crucial to approach this system with caution and practice responsible gambling, setting strict limits and knowing when to walk away to avoid significant losses.