Fibonacci Betting Strategy
The Fibonacci betting strategy is one of many betting strategies to play roulette online.
The gist of it is quite simple. The Fibonacci sequence adds up the total of the previous two numbers.
It involves betting on the Fibonacci numbers: 1, 1, 2, 3, 5, 8, etc. Moreover, players from Britain can use it to play roulette for real money.
Start with the first number, if you lose, move on to the next. After a win, move back two numbers. It helps manage losses but like all betting systems doesn’t guarantee a win.
Using the Fibonacci Betting System to Play Roulette
Leonardo Pisano Pigollo is the chap who first spotted the Fibonacci sequence in the 13th century.
Thanks to him you and I can now use it to play online roulette to win money.
The Fibonacci betting strategy follows the Fibonacci sequence: 1, 1, 2, 3, 5, 8, and so on.
Here’s a step-by-step guide for a novice player:
- Start with an Even Money Bet: Place your first bet on an even money option like red/black, odd/even, or high/low. The initial bet should be 1 unit, or £1).
- Follow the Sequence: If you lose, move to the next number in the Fibonacci sequence for your next bet. So, after a loss, bet 1 unit again. If you lose again, bet 2 units, then 3, then 5, and so on.
- After a Win: Move back two numbers in the sequence. Suppose you won after betting 3 units. Your next bet would be 1 unit (two steps back from 3).
- Restart After a Profit: If you reach a point where you’re in profit, restart the sequence again.
Start with an even money bet, such as red/black or odd/even. Bet 1 unit and lose (sequence: 1), bet 1 unit again and lose (sequence: 1).
Bet 2 units and lose (sequence: 2), then bet 3 units and win (sequence: 3). After winning, move back two steps to bet 1 unit next.
This strategy helps manage losses by increasing bets slowly but remember, it doesn’t guarantee winnings.
Best Bets
- Red/Black: Bet on either red or black offer odds of close to 50/50.
- Odd/Even: Bet on either odd or even numbers. These bets also offer nearly 50/50 odds.
- High/Low: Bet on high (19-36) or low (1-18) numbers. Again, the odds are close to 50/50.
| Bet Type | Odds | Payout |
|---|---|---|
| Red/Black | 48.65% | 1:1 |
| Odd/Even | 48.65% | 1:1 |
| High/Low (1-18/19-36) | 48.65% | 1:1 |
Testing the Fibonacci Betting Strategy
I tested the Fibonacci betting system over 100 spins at bets of £1 per unit with varied outcomes.
Typically, I experienced a series of small losses and occasional larger wins.
I started with a few losing bets of £1 each then wagered £2, £3, and £5 or more.
After every win, I moved two numbers back in the sequence and lowered my bet size.
While this system helps manage losses by increasing bets gradually, it doesn’t ensure profit.
Anyhow, I made a small profit of £5, keep in mind, I played low-stakes roulette.
The higher your bets the higher the risk but the payouts will be bigger too. Using a betting system to play roulette can wipe out your bankroll.
Pros and Cons Fibonacci Betting Strategy
Pros
- Structured Approach: The Fibonacci system allows you to adjust your bets.
- Loss Recovery: You can recover losses with a single win, especially after a series of losses.
- Manageable Increments: Betting is more conservative than other systems like the Martingale.
Cons
- Table Limits: The sequence can quickly escalate bets to the table maximum. That can make it difficult to recover losses.
- Bankroll Risk: Long losing streaks can lead to significantly larger bets. If you play with a small bankroll you can lose all your money.
- No Profit Guarantee: No betting strategy can overcome the house edge in the long run. The Fibonacci system can manage losses but doesn't guarantee consistent profits.
Conclusion Fibonacci Betting Sequence
I had fun testing the Fibonacci betting strategy. It’s not as aggressive as the Martingale or Grand Martingale.
However, no betting system can guarantee a win. Besides, roulette is a game of chance.
If you lose, you go up, win money, you’ll move back two numbers in the sequence. Hence the reason it’s not as risky as some of the other betting systems I’ve covered.
The Fibonacci is not as complicated as it looks even a small budget of 50 quid will suffice.
FAQs
Which roulette variant is best to use the Fibonacci?
When using the Fibonacci Betting System, play European Roulette.
It has a single zero, resulting in a lower house edge of 2.70% compared to American Roulette’s 5.26%.
European roulette offers better odds on even-money bets.