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Casinos Worth Trying Fibonacci Strategy At
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How Does Fibonacci Strategy Works?
The Fibonacci strategy works by increasing your stake by the last two numbers in the system whenever you lose a round. When you win, decrease the next bet by moving down two places in the sequence. In mathematics, the sequence starts at one. When betting on roulette, it is not necessary to start at one, but it is regarded as the safest place to start.
The theory behind the Fibonacci betting system is that, eventually, you will come out on top of the roulette system. It is a negative progression betting system which is only effective with even-money bets (even or odds, red or black etc). The stakes get bigger with each losing bet allowing for the chance to make a lot of the money back with just a couple wins.
If you want to use the Fibonacci strategy, the main thing to do is to familiarise yourself with the Fibonacci sequence of numbers, which starts at one and goes on infinitely. This number sequence can help you formulate a strategy that can potentially beat the roulette system for some extra money.
How To Use Fibonacci Sequence in Roulette?
The Fibonacci sequence starts at one and goes on limitlessly; 1-1-2-3-5-8-13-21-34-55-89, and so on. In roulette, you start at any number you want and work your way through the chain until you win a bet. Starting at one is safer as this allows you to actually test and see if this is the best roulette strategy for you.
The important thing to remember is that each number equals the sum of the previous two, 0+1=1, 1+1=2, 1+2=3, 2+3=5, 3+5=8, etc.
Example
We wager on an even-money bet. Our first bet is 10 AED, our second bet is 10 AED, and the third bet is 20 AED. The fourth bet is 30 AED, and the fifth is 50 AED. Now let’s pretend that the first three bets are losses, and we keep raising the stake as per the Fibonacci sequence.
We take it that the 50 AED won. Our total losses for this session amount to 70 AED (10+10+20+30), while our total wins are 100 AED (50×2), leaving us with a profit of 30 AED. For our sixth bet, we move down two places on the sequence to 20 AED.
If we lose the seventh bet, win the eighth, and lose the ninth while winning the 10th bet, we would still remain with a 120 AED profit. There are other factors involved of course, but this is a relatively safe strategy in roulette.
| Spin | Bet | Outcome of the Bet | Payout | Profit | |
|---|---|---|---|---|---|
| 1 | 10 AED | Loss | 0 AED | - 10 AED | |
| 2 | 10 AED | Loss | 0 AED | - 10 AED | |
| 3 | 20 AED | Loss | 0 AED | - 20 AED | |
| 4 | 30 AED | Loss | 0 AED | - 30 AED | |
| 5 | 50 AED | Win | 100 AED | 30 AED | |
| Total In Bets: | 120 AED | Total Winnings: | 100 AED | Net Profit: | 30 AED |
When To Use Fibonacci Strategy?
Use the Fibonacci strategy primarily on even-money bets like Red/Black, Odd/Even, or 1-18/19-36, which have roughly a 50% chance of winning. These bets, also called outside bets, are popular in all types of roulette. The starting number in the Fibonacci sequence sets your initial bet amount. This strategy is not recommended for inside bets, as it usually leads to poorer outcomes. For those who favor inside bets, other betting strategies might be more suitable.
Pros and Cons of Fibonacci Betting System
The Fibonacci sequence means you are using a measured approach. It may not be the best roulette strategy, but it certainly has a case for being one of the safest. If we implement the Martingale strategy in our example above, then that little losing streak at the start would have left us down 31 AED. However, UAEbetting.com have examined both advantages and disadvantages of using the Fibonacci strategy in roulette.
Advantages of the Fibonacci Betting System
The Fibonacci strategy has a distinct advantage of being able to recover losses and come out with a profit. The losses count for nothing if you stick to the strategy on the roulette system long enough.
Applying the Fibonacci strategy to your game of roulette is very simple. You just follow the sequence as it is. You may need to write it down somewhere and look at it now and again, but otherwise, there is not a great deal of thinking involved with this strategy in roulette.
There is a good chance of making consistent profit with this roulette strategy. With enough time and bankroll to back you up, consistent profits can be made as you stake smaller wagers over a more extended period.
Trying out a different strategy in roulette adds fun to the game, which gambling is supposed to be in the first place. The roulette system has many variations, and adding what could be the best roulette strategy makes the games more exciting.
Flaws Within the System
Maximum table limits are bad for the Fibonacci strategy. In fact, table limits affect the best roulette strategy as you have to stop once the limit is reached. A table limit set at 100 AED will hamper your progress at 89 as you cannot go to the next number in the sequence if you lose.
Your bankroll also reaches a point where it can no longer cover the next bet in the number sequence, leaving you in losses that may not be recoverable in that particular session. The best roulette strategy requires financial backing, and with the Fibonacci system, you may be left needing an unmanageable bankroll.
The biggest flaw in the Fibonacci strategy, and any other roulette strategy for that matter, is that nothing protects you from a long losing streak. Because of the presence of things like zeros on the wheel, the house edge remains the same, and in the long run, it will beat even the best roulette strategy in the world.
No roulette strategy guarantees wins, especially with online roulette, which is entirely random and unpredictable. The Fibonacci sequence only gives us a string of numbers to apply to our games, the odds still remain the same with each spin of the wheel.
Gives the chance to recover losses and come out with a profit
It is simple
Good chance of making a consistent profit
There are limits
Losing streaks can me unimaginably long
Conclusion About Using Fibonacci Strategy in Roulette
Roulette is a game of luck, like many other online casino games. Strategies like the Fibonacci roulette system add spark and excitement to this game of luck and give rise to potential winnings. There are other strategies to try, but the Fibonacci roulette system certainly seems to be a safer roulette strategy.
It is the safest strategy to try and gain an upper hand by sticking it out on the roulette wheel as it has loss recovery abilities. Though it should be noted this can also become a big disadvantage since loss chasing is generally not encouraged in gambling. The Fibonacci strategy provides a solid approach to the game of roulette by staking small units from a large bankroll.
There is a simplicity to the Fibonacci betting system as all you have to do is remember the number sequence. However, there are many flaws with this betting system. The house edge remains intact, and sometimes even a large bankroll is not enough to cover a long losing streak.
You also have to keep an eye out for table limits, especially when playing online where casinos usually peg them at 100 units. If a losing run hits a certain number, in this case, 89, on the sequence, you must leave all your losses at that table. It can be disastrous if a losing streak hits at the wrong time.
In conclusion, the Fibonacci strategy is worth a try as a fun way of betting on the roulette wheel. The strategy allows you to stay at the table long enough to actually enjoy your time at the online casino site while staving off consistent losses.
Frequently Asked Questions
The Fibonacci strategy is used by increasing your stake by the next number in the Fibonacci mathematical sequence every time you lose, and by decreasing your stake by moving down two places in the sequence every time you win.
It works as much as any other strategy works. Roulette is a game of chance and depends a lot on luck. Fibonacci strategy enhances the chance of luck hitting at the best time possible.
Start at a number and work up the sequence until you win and go down two. If you start by betting one chip, then your next bet will also be one, the one after that will be two chips, the next bet after that will be three chips, with the next bet being five chips and so on until you win.
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After finishing his professional career in cricket, he decided to pursue career in sports journalism. Alongside his journalistic career, he became passionate about sports betting, and afterwards decided to become a critic of online betting platforms, which led him to become the main author and editor of the uaebetting.com. His knowledge and experience allow him to objectively choose and evaluate the best online betting platforms for all players across the UAE.
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