Fibonacci Strategy

Understanding the Fibonacci Roulette Strategy

Fibonacci was born around 1175 to a wealthy Italian merchant called Guglielmo Bonacci who was thought also to be the consul for Pisa. Fibonacci traveled a great deal with his father and it was in Bejaia, Algeria that he first learned about the Hindu-Arabic Numeral system.

As Fibonacci traveled more around the Mediterranean coastal areas, he met with many other merchants learning how their systems of arithmetic worked, and soon realised that the Hindu-Arabic system had many advantages.

By 1202 he had completed the Liber Abaci (the book of Abacus or Book of Calculation), which went on to popularise the Hindu-Arabic numerals in Europe.

Fibonacci Strategy

What is the Fibonacci Roulette Strategy?

The system is known as a negative progression betting system.  This means that it asks the user to increase their stake after suffering a loss. The Fibonacci is a simple mathematical theory and was not designed specifically for roulette but it is used by many during their roulette game.

The system can be used at an online casino as well as a bricks and mortar venue as the same principle applies whether there is a croupier spinning the roulette wheel or if you are at an online roulette table. The system also works for both European and the American roulette game.

The Fibonacci roulette strategy is an interesting one mainly because it is safer than other strategies or systems like the Martingale strategy, and there is still potential for a win.

The system asks the user to start with one and then add the two previous numbers together to give you the next number in the sequence, and below is an example of this.

Adding the Two Previous Numbers In Order to Make a Sequence Following the Fibonacci Roulette Strategy:

1-1-2-3-5-8-13-21-34-55-89-144-233-377-610

You do not have to begin with the number one if you do not want to as long as you add the two previous numbers together, keeping to the system rules.  The reason that many roulette players stay with the lower numbers is because it is safer, and this applies most to those who are new to the system.

What are the Different Types of Bets for the Fibonacci Roulette Strategy?

You start off by betting 1 and then begin to work through the Fibonacci Strategy until you have a win, but if you look at the system you can see that the maths simply does not add up to give you a win each and every time.

What actually happens is the further through the system you get, the more you lose. You are in profit if you win on your first wager, and you break even if you win on the second or third bet, anything after that is a loss and the losses get bigger.

So Why Use the Fibonacci Roulette Strategy at all?

Many would be thinking at this point that the Fibonacci is a total waste of time, but that would not be right as there is a way to get the best out of the sequence, and until you get your win.

An Example of Working Through the Sequence Until There is a Win

  • Bet 1 and suffer a loss
  • Bet 1 and suffer a loss
  • Bet 2 and suffer a loss
  • Bet 3 and suffer a loss
  • Bet 5 and suffer a loss
  • Bet 8 and suffer a loss
  • Bet 13 and suffer a loss
  • Bet 21 and suffer a loss
  • Bet 34 and enjoy a win

Once you have hit your win on the 34 you then move back two numbers in the sequence and bet that, in this case, your bet will be 13. This process is repeated until you are right back at the start of the progression. Remember to always move back two numbers after a win.

Below is another example of how to work through the Fibonacci Roulette Strategy in order for you to enjoy a win.

  • Bet 1 and suffer a loss
  • Bet 1 and suffer a loss
  • Bet 2 and suffer a loss
  • Bet 3 and suffer a loss
  • Bet 5 and suffer a loss
  • Bet 8 and suffer a loss
  • Bet 13 and suffer a loss
  • Bet 34 and enjoy a win
  • Bet 13 and suffer a loss
  • Bet 21 and enjoy a win
  • Bet 8 and enjoy a win
  • Bet 3 and suffer a loss
  • Bet 5 and enjoy a win
  • Bet 2 and suffer a loss
  • Bet 3 and suffer a loss
  • Bet 5 and enjoy a win
  • Bet 2 and enjoy a win
  • Bet 1 and enjoy a win

As you can see in the above example you have made your way back to the beginning of the sequence, and your profit would have been 1, making it much like the Martingale as once you get back to the start in both the Martingale and the Fibonacci the profit is 1.

The most distinctive difference between the two systems is that using the Fibonacci strategy you lost eight bets in a row and the highest bet your made was 21. If you had been using the Martingale you would have placed a 256 bet and lost, this makes the Fibonacci safer.

Again if you look at the example above you will see that there were 12 losses and 7 wins, yet it still works out and makes a profit.

Obviously, nothing is guaranteed and as in most games roulette is a game of chance, but if you think you would like to try one of the popular systems the Fibonacci may be the one for you.

Are There any Restrictions with the Fibonacci Roulette Strategy?

If you take a look at the start of the sequence of numbers you will notice that there are two number 1’s, and if you are moving back in the sequence and get to the second number 1, make a bet and win it, then you must move back again to the first number 1, and make a bet on that too. If you do not follow this rule you will end up only breaking even.

The 2nd Number One is in Bold Type

  • 1-1-2-3

Remember that you have to move back to the first number in order to get your profit and complete the cycle. The fact that it is only one step back is the exception to the rule.

Time might be a factor too as it takes quite some time to get back to the beginning of your sequence, so patience and self-discipline is required. If you do not remain in the system and make a wrong bet along the way, all of the maths will be out.

As we have mentioned previously, a roulette game is a game of chance and the Fibonacci, like all strategies is not immune to a long losing run of bad luck. In order to guard against you trying to chase your losses you should set yourself a stop loss limit and stick to it.

Remember too that most roulette tables have a limit set to them, with some being larger than others, so don’t forget to check these out if you are considering using the Fibonacci Roulette Strategy.