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Roulette Fibonacci strategy explained

Roulette Fibonaci

Ever since the roulette wheel found a home in casinos all over the world, gamblers have been continually trying to find a way to beat it. There are all sorts of different systems and strategies that players use. One of the most commonly used betting systems is called the Fibonacci roulette strategy. This tutorial will tell you all about the Fibonacci roulette strategy and show you how you can easily make it a part of your game.

The history of the Fibonacci strategy

Fibonacci was an Italian mathematician who lived between 1170 and 1250. He also went by several other names including Leonardo Pisano and Leonardo of Pisa. While he accomplished many things throughout his life, he is best remembered by most for coming up with a sequence of numbers that bears his name today.

The Fibonacci sequence is a progression of numbers in which the next number in the sequence equals the total of the previous two numbers. If we start at zero and one, the next number would also be one as that’s the total of zero and one. The next number in the sequence is two because that’s the total of one plus one. Then we get to three.

As it applies to the betting system, the Fibonacci sequence eliminates the zero and the one. As such, the sequence begins as 1, 2, and 3. The next number is 5, then 8, then 13, 21, 34, and so on. All you need to do to continue the sequence is take the last two numbers and add them together. So, we end up with the following string of numbers. For our purposes, we’ll just focus on the first ten numbers.

1, 2, 3, 5, 8, 13, 21, 34, 55, 89…

These are the numbers that many roulette players base their bets on.

The Principle of Fibonacci

The Fibonacci betting system is what is known as a “negative progression” betting system. In other words, it requires players to increase their bet size following a loss and then lower it after a win. The idea is that you will recoup your losses with a single win. It is the same idea behind many other betting systems including the popular Martingale system.

To use the Fibonacci sequence, you must first understand the concept of betting units. Successful bettors tend to be relatively consistent with their stake amounts. While there are no hard-and-fast rules to setting your standard stake amount, a lot of conscientious bettors set the amount at 2% of their total bankroll. If you have $1,000 to play with, then your standard flat stake or “unit” would be set at $20. If you start with $2,500, then your betting unit would be $50 while a $10,000 bankroll would facilitate a $200 unit.

One thing that you need to know is that the Fibonacci system is most realistically applied to even-money bets. In roulette, this means outside bets like Red/Black, Even/Odd, or High/Low. Of course, you could also use it in other games like blackjack, baccarat, or even some sports betting situations like spreads and totals.

With the Fibonacci roulette system, the idea is to move to the next number in the sequence following a loss. If you start with a 1-unit bet, and it loses, the next wager will be for 2 units. If you lose that one, then next be will be for 3 units. When you win a bet, you downsize the stake size two numbers to the left. So, if you are betting 5 units, and you win, then you lower the stake to 2 units. If you are in the one or two-unit range, then you simply go back to the 1-unit bet.

  • Set your base unit size.
  • If you lose, then go to the next number in the sequence.
  • If you win, then move two numbers down in the sequence.

Fibonacci system in action

We will now take what we have learned so far and apply the Fibonacci roulette strategy to a few imaginary rounds at the roulette table. To keep it simple, we will say that we have a $100 bankroll. Because we will follow the 2% approach, our unit size will be set at $2. Finally, we will just be betting on Black which is an even-money outside bet.

  • First Spin: We bet 1 unit ($2) on Black and it wins. We will continue with a 1-unit bet for the next round.
  • Second Spin: We bet 1 unit ($2) on Black and it loses. Now we need to move one number to the right which is 2. Our next bet will be for two units, or $4.
  • Third Spin: We bet 2 units ($4) on Black and it loses. Up the unit size to the next number on the scale which is three units, or $6 for the next spin.
  • Fourth : We place our 3-unit bet on Black and it loses too. We will have to up the stakes to 5 units, or $10 for the next round.
  • Fifth Spin: We wager 5 units ($10) on Black and it wins. Now we can shift our stake size two numbers to the left which is 2 units, or $4.
  • Sixth Spin: We bet 2 units ($4) on Black and it wins. For the next spin, we can go back to our base unit bet of $2.

As you can see, using the Fibonacci system is an effective way to get back to even in a single round following a series of losses. It’s also very easy to implement. There are no tough calculations or anything like that. You simply need to know the scale and how to use it after a win or loss. One number to the right after a loss, or two to the left following a win.

Let’s go back to the example rounds we went through above. In that scenario, we only had to deal with a three-game losing streak. What happens if that run of bad luck went on longer? Let’s take a look. Again, we will go with a $100 starting bankroll with each betting unit valued at $2.

  • Spin 1: We bet $2 on Black and it loses. Our bankroll is now at $98 and we switch the stake amount to $4 for the next spin.
  • Spin 2: We bet $4 on Black and it loses. Our bankroll is now $94 and we need to wager $6 on the next round.
  • Spin 3: We bet $6 on Black and it loses. We now have $88 left and we need to bet $10 next round.
  • Spin 4: We bet $10 on Black and it loses. Now we have $78 left and must up our wager amount to $16 for the next spin.
  • Spin 5: We put down our $16 bet on Black and it once again loses. Now we are left with $62 and we have to bet $26 on the next spin.
  • Spin 6: We wager $26 on Black and it once again loses. Now we are left with $36 and things are officially ugly because we need to wager $42 on the next spin. As a last-ditch effort, we empty our wallet with a $36 bet on Black on the next round.
  • Spin 7: We wager $36 of the required $42 on the next spin and it once again loses. Now it’s time to go home with our tails between our legs.

As you can see, a seven-spin losing streak was enough to completely erase our bankroll and send us packing. Now, you might be thinking that 7-game skids are rare, and you may be right. However, they still happen. This is especially true if you play a lot of rounds.

Does the Fibonacci strategy work?

The Fibonacci roulette can work, but there are no guarantees that it will. The main enemy of Fibonacci and other negative progression systems is the losing streak. As shown above, it only takes a single extended losing streak to throw a wrench into your plans to get back to even. On the other hand, it works like a charm if your losing streaks don’t exceed six or seven rounds.

Variations on the Fibonacci system

While the Fibonacci system is similar to many other negative progression systems, it really only has one other main variant. This is called the reverse Fibonacci and it requires players to do the opposite of what the Fibonacci method calls for.

Instead of raising the stakes after a loss and lowering them after a win, the reverse Fibonacci requires players to raise their stakes after a win and lower them after a loss.

Pros and Cons of Fibonacci

It’s quite evident that the Fibonacci roulette strategy can work to your advantage. After all, it can erase a losing streak in a single spin. This is a lot easier and much less time-consuming than trying to recover losses by grinding it out one unit at a time.

So, if it’s such a great betting system, then why doesn’t everybody use it? Well, the main reason is that the system comes with some major drawbacks. Let’s compare the pros and cons.

Pros:

  • You can recover all of your losses with a single bet. With Fibonacci, you don’t have to grind it out one unit at a time to get back to even.
  • Fibonacci is easy to understand and use. As long as you know the sequence, or write it down, it’s very easy to follow.
  • Less time-consuming than many other roulette systems. Many betting systems run in cycles. With systems like Labouchere, those cycles can easily last for dozens of rounds. With Fibonacci, a single win signals the start of a new cycle.
  • Following Fibonacci brings an element of structure to your betting and instills a sense of discipline.

Cons:

  • You need to account for the house edge. This applies to both the house edge in casino games like roulette as well as the juice in sports betting.
  • A modest losing streak can cost you your bankroll. As shown above, it doesn’t take too many consecutive losses to decimate your bankroll.
  • Table limits can be a barrier. Because those who use Fibonacci are required to raise the stakes following a loss, a lot of Fibonacci users find themselves in situations where the required wager amount exceed the table betting limit.
  • The required wager amount can also exceed the player’s remaining bankroll. Again, this was illustrated in the above example.

Tips and tricks

There are loads of roulette betting systems out there. Even though each of these systems have basic rules, there is no rule that says you have to stick to those rules. You can always fiddle around with the various sequences.

For example, you could start out adhering to the Fibonacci sequence, but then scale down the bet sizes if you only have about 50% of your bankroll remaining. You can then go back to the original sequence if you can get back up to, say, 75% of your starting bankroll. It’s really up to you.

That’s one of the fun things about experimenting with the Fibonacci roulette strategy and other systems. You can make a variety of tweaks and develop a roulette betting system of your own. Of course, the best online roulette sites let you play their games in demo mode so experimenting with systems and strategies doesn’t have to cost you any money. If you find something that works well for you, then you can try it out with real money.

Summary

Few roulette systems are as easy to understand and implement as the Fibonacci strategy. While we must emphasize that no system offers guaranteed winnings, Fibonacci can be a very solid approach provided you have a sufficient bankroll, an appropriate unit size, and the stomach for occasionally placing big bets. Of course, you also need to avoid long stretches of bad luck.

FAQs

As is the case with any type of gambling, you should only gamble with money that you can reasonably afford to lose. One of the best things about the Fibonacci roulette system is that you can apply it no matter how big or small your bankroll is. Just be mindful of the system’s pitfalls.

Yes. You can use Fibonacci at casinos without raising the ire of the operator. However, you need to bear in mind that a long losing streak or table limits might eventually force you to abandon the system as it is intended to be implemented.

A negative progression roulette betting system like Fibonacci or Martingale calls for players to increase their bets following a loss and decrease their stake sizes after a win. They are the opposite of positive progression systems like Paroli in which players increase their stakes after a win and lower them after a loss.

The Fibonacci roulette strategy works best and is easiest to use on even-money bets like High/Low, Red/Black, or Odd/Even. You can also use it in other games that offer even-money (or near-even-money) bets like blackjack, baccarat, and some sports betting wagers like spreads and totals.

We recommend that players who want to test various betting strategies like Fibonacci do it using free roulette games. Many of the best online casinos offer their roulette games in demo mode for play money. This way, you don’t have to risk losing any real money.

The best roulette betting strategy is the one that works best for you. You can learn about the various roulette strategies right here and then try the one that appeals to you most.

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