Fibonacci Sequence Roulette Strategy: A Guide to Smart Betting
The Fibonacci Sequence is a series of numbers introduced to Western mathematics 800 years ago. It occurs in nature and has many practical applications, including roulette strategy.
Some players swear by the Fibonacci Sequence as a winning roulette formula. So, how does it work, and is it a good strategy?
Understanding the Fibonacci Sequence
Every number in the Fibonacci Sequence is the sum of the previous two numbers. It usually starts at 0 (although some skip the 0 and go straight to 1), followed by 1, 1, 2, 3, 4, 8, 13, etc.
The number sequence dates back over 2,000 years and was first mentioned in Indian mathematics. However, its name was coined by Leonardo of Pisa, who also went by the name Fibonacci. He wrote about the sequence in his book Liber Abaci (“The Book of Calculation”).
Introduction to the Fibonacci Sequence Roulette Strategy
To use the Fibonacci Sequence in roulette, you just need to establish a unit stake and then assign that stake to the Fibonacci numbers.
Wager on a bet with a 50/50 outcome, such as “Red/Black” or “Odd/Even.” If you lose, move to the next number in the sequence. If you win, move back two numbers.
How the Fibonacci Strategy Works in Roulette
Let’s say you typically wager $100 over a gambling session and play for a few hours. You may begin wagering $1 per bet, as that should be enough to keep you going until the end, even if you hit a losing streak.
You can skip the first two numbers in the sequence (0 and 1), which means you start with a $1 bet on “Black.”
The bet loses, so you move to the next number. It loses three more times, so you end up with a wager of $13, after which it wins, and you move back to $5.
Advantages of the Fibonacci System
- It is a very simple strategy to follow as the Fibonacci Sequence is easy to learn
- It should recover most of your losses, even on extended losing streaks
- It can minimize losses and help you accumulate loyalty points
Drawbacks of the Fibonacci System
- The system will encounter issues if you reach a table limit
- You can’t use the Fibonacci Sequence to alter the house edge—no strategy will do that
- Losses can accumulate over time
- It limits your betting variety and may get boring after a while
Impact on House Edge and Odds
In our roulette guide at BetUS, we noted how the house edge can change significantly across different variations of this game, with French/European Roulette offering better odds than American Roulette.
That’s the only time the house edge will change, though. You can’t alter it by employing a so-called winning roulette formula. It’s a game of chance, and nothing will change that.
Examples of Fibonacci Betting Progressions
If you use the Fibonacci Sequence on a BetUS roulette game with a $1 unit stake, your progression could look something like this:
- $1 bet on red = lose
- $2 bet on red = lose
- $3 bet on red = win
- $1 bet on red = lose
- $2 bet on red = lose
- $3 bet on red = lose
- $5 bet on red = lose
- $8 bet on red = lose
- $13 bet on red = win
- $5 bet on red = win
(total = -$1)
Player Tips for Using the Fibonacci Strategy
The first thing you need to do when using the Fibonacci Sequence in roulette is set a bankroll.
This is your gambling budget, the amount you can afford to wager. Break it down into session budgets and use it to establish your unit stake, accommodating that it will increase when you lose.
Playing the right roulette games also helps. Look for games of European/French Roulette, as the house edge is half that of American Roulette. These two variants are the foundation of most roulette games, including ones that introduce additional interactive features, bonus rounds, and jackpots.
Not sure which variation is in use? Look for the green zero spaces on the board—European Roulette has just one, while American Roulette has two.
Check to see if there is a welcome bonus or loyalty bonus you can collect, as well. Sign up for VIP schemes, join tournaments, and do whatever you can to get free spins and credits, as they will bulk up your balance and allow you to clear wagering requirements (not always possible with table games) or collect loyalty points while playing roulette.
Comparing the Fibonacci Strategy to Other Roulette Systems
The Fibonacci system is a progressive betting strategy, which means the wager changes with each bet. In that sense, it is similar to Martingale, whereby you double your bet on every loss and then return to your starting stake with a win.
The fact that each progression is not quite double the previous wager means it’s a little more controlled. But at the same time, you’re only going back a couple of steps when you lose, so it takes just two more losses to get back to where you were and keep those stakes climbing.
The Fibonacci system requires a little math, as well. It’s simple, but it’s still harder to remember and calculate the last two wagers than to double your previous bet.
The D’Alembert strategy works similarly. It only increases by one unit following a win and decreases by one unit after a loss.
Conclusion: Is the Fibonacci Strategy Right for You?
The Fibonacci Sequence appears everywhere in nature, and it’s also common in gambling, as it pops up in the blackjack betting strategy 1-2-3-5. It can be a good way to control your bets and manage your bankroll, but it doesn’t alter the house edge and won’t guarantee success.
So, while we encourage you to try the Fibonacci Sequence in roulette, we implore you to create a bankroll, monitor your wins and losses, and don’t bet more than you’re comfortable losing.
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