Are you about to play roulette and are looking for interesting betting strategies to help save money? If so, you’re on the right path!
In this article, we’ll tackle the fundamentals of the Fibonacci roulette system — a negative progression strategy similar to the Martingale system. We’ll show you how the Fibonacci roulette strategy works, how to use it, as well as its pros and cons.
To top things off, we’ll even tell you where exactly you can put this roulette betting system to test.
What is the Fibonacci betting system?
Ever heard of the Fibonacci sequence of numbers? If not, the Fibonacci number sequence is a well-known sequence that was introduced by Italian mathematician Leonardo Fibonacci (or more accurately, Leonardo Bonacci), whereby the beginning of the sequence is zero and one, but the following numbers are the sum of the previous two numbers.
Not to worry — this is a very basic mathematical equation. The Fibonacci sequence looks like this: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377 and so on. Note that the sequence is dictated by the sum of the two numbers that preceded it.
What does this have to do with betting on a roulette wheel? Well, the Fibonacci sequence of numbers is used to calculate the exact bet size when betting not only on roulette games, but also blackjack and baccarat.
This roulette betting strategy is a little more nuanced than other ones, requiring a higher bet on a loss and a lower bet on a win. Continue reading to learn more about this betting strategy and its application to roulette games.
How the Fibonacci roulette strategy works
Let’s recap. Using the Fibonacci system is basically a matter of adjusting your bet depending on the numbers in the sequence we’ve mentioned above.
According to the Fibonacci strategy, players should start betting €1 as their first bet. If a win is landed, the next bet should be the same; that is, €1. If you lose, however, your next wager must be the following number in the sequence; that is, €2. Should you lose again, you must bet the next number in the sequence. Once a win is landed, you can go back to the previous number.
We recommend playing roulette with this strategy through even-money bets like the Odd/Even, Red/Black and 1-18/19-36 bets. Inside bets can be a very dangerous bet, so to speak, since the odds of them paying are substantially lower. That would eat up your bankroll way too fast to be able to test out the Fibonacci strategy.
The Fibonacci roulette system charts – examples of use
We recommend that you have a good look at the chart below before employing the Fibonacci roulette strategy since it provides a visual representation of how this negative progression system bodes from one bet to another.
CHART
A long losing streak is very much a possibility when playing roulette, and that includes playing roulette with the Fibonacci betting strategy in place. Keep this in mind before taking a stab at the game this way.
Furthermore, just like any other roulette strategy out there, using the Fibonacci betting system doesn’t guarantee a win. Luck is roulette’s dominant factor, be it American roulette, European roulette or French roulette.
How to use the Fibonacci roulette strategy while playing roulette
Let’s dive into the details. How exactly can you follow the betting sequence of Fibonacci numbers? Below, you can find a step-by-step guide that explains it all.
- Playing the free RNG roulette demo is a good idea if you’re just starting out. This lets you practice whatever betting systems you want and control the pace of the roulette game without losing money. At the point when you’re prepared to play with real bets, you can enjoy First Person roulette tables or go along with one of the live roulette games at perhaps of the best online casinos out there: HotSlots!
- Sit down at your real or online roulette table and decide your single unit bet. For example, let’s assume that your starting bet is €1. Place your €1 initial wager solely on even-money bets like Red/Black, Odd/Even, and Low/High (1-18/19-36).
- Keep the Fibonacci number sequence at hand. You’ll mostly only need the first ten numbers from the sequence while playing roulette (1, 1, 2, 3, 5, 8, 13, 21, 34 and 55). If you near the highest bet (€55) and lose, it might be a good idea to go back to the start and try again if your bankroll allows it.
- Whether you win or lose your first bet, your following bet will be €1 as well.
- If you win, keep betting the starting bet size of €1.
- If you lose, bet €1 as your second bet.
- If you lose again, go for the next number in the sequence (2).
- If you win, you can retreat to the previous numbers in the sequence (1).
What are the pros and cons of the Fibonacci roulette system?
The Fibonacci system is not different from any other roulette betting system in that it has advantages and disadvantages. Take note of each advantage and disadvantage to all the betting systems you try before committing to them and determining whether they are worthwhile.
Advantages
- In order to help the player turn a profit, the bet isn’t reset on every win, making it a much less aggressive system than the Martingale, for example. Although winning streaks could be exploited better, this helps ensure that the player doesn’t lose too much.
- This system is very easy to follow, even for new players.
- This system is available for players with smaller bankrolls, since they could, for example, use smaller proportions to bet.
Disadvantages
- The size of the player’s bankroll is a pivotal factor that can determine how much a player manages to profit.
- Losing streaks can be very tough on the player’s bankroll, seeing as the betting gets larger as the losses rack up.
- Even-money betting is the only way to test this system effectively, otherwise, the house edge will grow the more high-odds bets the player places.
Try out the Fibonacci strategy roulette at HotSlots online casino!
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