Roulette is a popular casino game that has attracted many people worldwide. Relatively simple rules and game mechanics made it popular among casino enthusiasts. It is possible to earn huge profits by implementing better strategies from roulette. In fact, roulette is a game of chance, skills and techniques have no role. The only thing you can control is how much you can spend and how long you can play. However, there are several strategies that you can use while playing roulette to increase your chances of winning. The Fibonacci Roulette Strategy is one such popular strategy you can use. This strategy can be used in many other casino games too. But does this strategy work?
We are going to find the answer to this question by exploring various aspects of the Fibonacci Roulette Strategy.
What Is The Fibonacci Roulette Betting Strategy?
The history of Fibonacci Betting Strategy dates back to the 1200s. The system was introduced by an Italian Mathematician, known as Leonardo Fibonacci. The Fibonacci Roulette Strategy is defined by a sequence of numbers:
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc.
The Fibonacci Roulette strategy is also known as the negative progression strategy. It works by manipulating the size of your bet on the roulette table. In the Fibonacci betting strategy, you will increase your wager every time you lose. Each time you lose, you have to place a new bet that is bigger than the previous one. If you win, you can scale it back.
The Fibonacci Roulette Strategy is mainly used for bets when there is a 50% chance of success. Always remember that this logic is applicable only on even bets, that is red vs black or odd vs. even. It is very risky to place inside bets using this strategy because the system would not be effective.
The negative progression strategy helps you recover a significant amount of your loss more quickly. Always note that, if you are not that fortunate, there is a possibility of losing all your bankroll. Do not depend on these strategies too much because there is no 100% guarantee.
The Fibonacci Roulette Strategy In Action
The below table will help you achieve bigger wins against the amount you lose.
Sequence | Stake | Outcome | Profit |
1 | 1 | Lose | -$1 |
1, 2 | 2 | Lose | -$3 |
1, 2, 3 | 3 | Lose | -$6 |
1, 2, 3, 5 | 5 | Lose | -$11 |
1, 2, 3, 5, 8 | 8 | Win | $5 |
1, 2, 3 | 3 | Lose | $2 |
How To Win More Using The Fibonacci Roulette Strategy?
The Fibonacci Roulette Strategy works on a popular math sequence, but it is not necessary for you to be a mathematician to use this strategy while playing roulette. Follow the below steps to utilize this strategy to achieve bigger wins.
➡️ Set your bankroll
The first and foremost step to using the Fibonacci system is to set your bankroll. A predetermined bankroll allows you to determine the starting amount you want to use. Do not choose a higher stake amount if you are new to roulette. A small stake amount is always best.
➡️ Memorize Fibonacci sequence
It is important to remember the Fibonacci sequence. It is a series of numbers in which each number is the sum of the previous two numbers. There is no end to this sequence, so you only have to memorize the first five or 10 numbers.
➡️ Decide which roulette you want to play
You have to choose which roulette variation you want to play. It is better to choose the European Roulette due to its better odds when compared to the American and triple-zero wheels.
Roulette Variation | Min-Max Roulette Bets |
European Live Roulette | $0.5 – $12,500 |
American Live Roulette | $1 – $30,000 |
European Roulette Deluxe (RNG) | $1 – $500 |
Dragon Roulette (RNG) | $1 – $500 |
American Roulette (RNG) | $1 – $500 |
Place your bets
Once you have done the above steps, now you can place your bets. You can use the Fibonacci sequence to decide the amount you can bet. For example, if you are going to begin with a $1 bet, the sequence will be $1, $1, $2, $3, $5, $8, and so on.
It is possible to place any bet you want to bet.
Conclusion
The Fibonacci Betting Strategy is a popular and useful strategy that can be used to increase your chances of winning. If you are a new player, you can use this strategy to minimize your losses. In theory, using this strategy will not cause you to lose any money. However, if you lose continuously in a row, it will lead to a rise in your stake amount. In roulette, you have the option to limit your betting habit to restrict you from excessive investments. Always gamble responsibly and do not chase your losses.