Also known as the Fibonacci Strategy, this roulette betting system is undoubtedly one of the safest players in Canada will come across, but it does take a bit of getting used to. The Fibonacci is based on a sequence of numbers, rather than doubling bets as you can find in the Martingale. It will require you to pay attention and keep tabs on things. However, when used properly, the Fibonacci is a trusted and well-liked strategy. Here then, is what you need to know about this betting system.
Introducing the Fibonacci System
The Fibonacci System can only be used on even money bets, so you need to understand that before you begin. This betting strategy is a sequence-based one, so having a pen and paper handy is ideal. To start with, you need to select your starting unit or bet.
Following a win, you increase the stake by one. If you win again, you increase the bet by two. From the third bet onwards, you sum of your bet is made by adding the two previous bets together to form a new bet. Following a loss, you drop back to your original bet and start the number sequence all over again. This might sound confusing, so it is best to see the Fibonacci in action, which you can do below.
The Fibonacci System in Action
Before you can bet, you need to sort out your number sequence. For simplicity, let us say that our starting bet is $1. This would mean that our Fibonacci sequence (determined by adding your two previous bets together) is as follows…
1 – 1 – 2 – 3 – 5 – 8 – 13 – 21 – 34 – 55 – 89 – 144 – 233 – 377 – 610 – 987 – 1,597 – 2,584, etc
Each number on the sequence represents a bet. These are broken down for you below…
$1 (starting bet) – $1 (0+1) – $2 (1+1) – $3 (2+1) – $5 (3+2) – $8 (5-3) – $13 (8+5) – $21 (13+8), and so on…
So, using the sequence and bet breakdown above, this is how it looks like when used:
Your first bet will be worth $1. If you win, you add $1 (and zero) together to make your second bet worth $1. Should that be successful, you wager your first two bets ($1 and $1) together to form a $2 bet. If that was successful, your next bet consists of $2 and $1 to make a $3 bet. Each time, you check off the numbers on the sequence following a win. However, it is vitally important that following a loss, you revert to the beginning of the series and start over.
Why You Should and Should Not Use It
The basic idea behind the Fibonacci is that by using the bets in the number sequence, you will eventually recoup your losses as well as a small slice on the top. However, there are both pros and cons to this system, and they include:
Reasons to Use the Fibonacci System
- Ideal for conservative players on a budget
- Arguably a safer strategy to use than others
- Easy to use, once you have your number sequence predetermined
Reasons to Avoid the Fibonacci System
- The Fibonacci System can only be used on even-money bets
- You need to plan out the strategy in advance
- The Fibonacci is challenging to use in “live” scenarios, or where betting windows are short
Should I Use This Roulette Strategy to Play Online?
The Fibonacci System or Fibonacci Strategy is most ideal for players who are ultra-conservative. If you are not prepared to sit through potentially risk spells, and you have the patience and the time to do your homework, this fiddly but profitable betting system could be for you.