Fibonacci Strategy for Roulette Explained - Expert Guide
The Fibonacci betting sequence can be applied to many casino games with roulette being the most popular. This strategy is less aggressive than others meaning it’s a good starting point if you’re new to betting. Equally, it’s a great choice for more experienced bettors looking to up the stakes, but not risk too much at once.
What is the Fibonacci Roulette Strategy?
The Fibonacci system is adaptable and applicable to various roulette games.
Its name is derived from the 13th-century Italian mathematician Leonardo Pisano, also known as Fibonacci. Pisano delved into Indian and Arabic mathematical systems, identifying patterns in nature, ranging from the spirals on a snail's shell to the breeding patterns of rabbits.
It didn't take long for gamblers to recognize the potential of Fibonacci's number system, and for centuries, they have been incorporating it into their roulette betting strategies.
How the Fibonacci Strategy works in Roulette
In mathematics, the Fibonacci sequence is an infinite series of numbers where each subsequent number is the sum of the two preceding ones.
For instance, starting from zero, the Fibonacci sequence unfolds as follows:
0, 1, 1 (0+1), 2 (1+1), 3 (2+1), 5 (3+2), 8 (5+3), 13 (8+5), 21 (13+8), 34 (21+13)
In the realm of roulette, the Fibonacci sequence is applied to even-money bets, such as red/black or odd/even. This system can also be extended to games like Craps, which feature their own even-money wagers.
Operating as a negative progression system, Fibonacci users increment their bets following each loss. Following this staking plan, gamblers progress from their current stake to the next one in the Fibonacci sequence.
After a victory, the strategy dictates moving down two places in the sequence (or one if you are at the beginning of the sequence).
Advantages of the Fibonacci Strategy
As evident in the table provided, after 10 spins, the player incurs a modest £1 deficit. This outcome results from initiating with a base unit of £1 and experiencing seven consecutive losing spins out of 10.
Due to the negative progression structure, the substantial £13 win significantly offsets most of the losses in a single instance.
In contrast to the Martingale approach, where the stake undergoes a complete reset, the Fibonacci system merely adjusts the stake down by a couple of levels. This approach allows the player a continued opportunity to recover their losses more expeditiously.
At lower stakes, any betting strategy can prove beneficial for the bankroll. Even unconventional systems like the Martingale can be worth experimenting with when employing modest bets.
Disadvantages to the Fibonacci Strategy
Similar to other negative progression betting systems, the Fibonacci method carries inherent risks.
In roulette, the possibility of encountering an extensive losing streak is quite real. In such instances, losses can escalate uncontrollably, and these are not the spirals that Fibonacci envisioned when formulating the sequence.
It's crucial to note that the Fibonacci system exclusively applies to even-money bets, such as red/black or odd/even. If your preference leans towards straight-up wagers on single numbers with a 35/1 payout, this system will not prove effective.
Understanding the house edge in roulette is paramount. European Roulette, featuring a single green zero pocket, imparts an advantage to the casino. Landing the ball here results in the loss of any even-money outside bets like red or black. The house edge in European Roulette stands at 2.7%, implying a long-term loss of £2.70 for every £100 wagered.