There is safety in numbers, a proverb that might not have expected to be used in the roulette betting world. The Fibonacci betting system is based on the well-known mathematical sequence by Leonardo Fibonacci and it is one of the safest betting systems out there. Taking a small modicum of inspiration from the Martingale system, the Fibonacci roulette strategy is a lower-risk progressive betting system that offers a stable betting curve and less staggering loss potential.
Let us take a look at this interesting roulette betting strategy inspired by a 12-century mathematician and the naturally occurring number sequence. We shall analyze its gameplay as well as both its advantages and disadvantages.
Fibonacci Roulette System Explained
Adopting the Fibonacci roulette strategy entails learning the Fibonacci sequence in practice or simply using a visual aid. The roulette player will be betting on the Fibonacci sequence where each number is the sum of the former two numbers starting with a 1. For those who may not have heard or seen the betting sequence before it is as follows in units 1-1-2-3-5-6-13-21-34, etc.
Furthermore, the gameplay includes progressing the player’s bets on the sequence by one position on a loss and going two positions back on a win. For example, the player has lost the previous rounds and has progressed to the 5-unit bet 0-1-1-2-3-5. The player wins the 5-unit bet so now he moves back to the 2-unit bet. Subsequently, the player loses the 2-unit bet so he moves up by one to the 3-unit bet and so forth.
How Does the Fibonacci Strategy Work?
The Fibonacci roulette betting revolves around betting on even-money bets similar to the Martingale system. This limits the players to 6 betting options in the form of Odds and Evens, Black and Red, and the number ranges 1-18 and 19-36. What this means is that the player has a roughly 50% chance of winning each spin on average. Note that players using Fibonacci betting should always stick to their chosen even-money bet. That is, if you chose Black-Red always bet on red, or always bet on black, do not alternate between the two as this messes with the odds of the system.
We have briefly talked about the rules of the Fibonacci system. Going down two betting positions on a winning bet and progressing one position on a loss. Note that if you win on the first bet simply start the sequence from the beginning. Alternatively, on losses, you are continuing to increase your bet stably until your eventual win. This is what largely differentiates Fibonacci betting from the Martingale system as in the latter you are increasing your bets by drastic amounts on losses. That being said, let us take a look at the various pros and cons of the Fibonacci betting system.
Advantages of the Fibonacci Bet
The main benefit of the Fibonacci roulette strategy is the stability factor you experience with your slowly progressing bets. You are not making drastic double bets on losses but instead progressing on a smaller curve. This means that the Fibonacci bet is one of the safest bets in the roulette strategy book. If you lose a unit position, winning the previous two positions will break you even.
Additionally, this roulette strategy is easy to learn and simple to follow. You need to memorize or simply write down a simple array of numbers that is always the same and just follow it. It does not require a predetermined bankroll as you can use the Fibonacci roulette strategy for small bets and even win a moderate number of units.
Where the Kavouras and Martingale bets are higher-risk high-reward, the Fibonacci strategy is one of the safest roulette betting systems out there. However, it certainly has its flaws. Let us review them.
Disadvantages of the Fibonacci Bet
Various discussions and testing done with the Fibonacci bet have led some players to believe this is not an adequate betting system for the long run. Most of the criticism comes from the fact that this betting system, though based on mathematics, is not as compatible with roulette betting.
The odds of the game remain the same and the Fibonacci bet does not do anything to combat the house edge. Losing runs will still put your bank role in a large minus and Fibonacci betting cannot recover from these losses as fast as the Martingale can.
Moreover, there is the question of bankroll compatibility. Due to the stranger nature of the numbers in this sequence, if you were to separate a $100 bankroll you would have trouble organizing your bets. The closest number to 100 that fits the Fibonacci betting sequence is 89, and for $1000 it is 987. Therefore, awkward betting budget tweaks are required to fully realize your Fibonacci bankroll.
Finally, with these drastically higher numbers as you progress the sequence, recovering can be almost impossible if you cannot match the bet.
Closing Remarks
All in all, the Fibonacci roulette strategy truly is one of the safer strategies available to roulette players. It is simple to learn, though slightly awkward to apply to standard $100 or $500 casino budgets. The player can also play smaller bets to win moderate amounts of money. They just need to remember that while the Fibonacci betting system has its advantages, its rigid mathematical nature does not go much toward beating the roulette house edge. It can be a fun strategy to try out once in a while, especially for players who prefer a safer game, but there are more adequate strategies out there for higher reward betting.