Roulette betting systems are a dime a dozen, but most of them are best avoided. The Fibonacci roulette system was formulated by Leonardo Fibonacci (1170-1250), and is a popular sequence of numbers with multiple applications. According to the Fibonacci numbers, the next number in the sequence is the sum of the previous 2 numbers. With Fibonacci numbers, the first number in the sequence is 1.

Table of Contents 

•    Which Bets Can Be Used with the Fibonacci Roulette Strategy?
•    Putting the Fibonacci Roulette Strategy into Practice
•    What Happens When You Win or Lose Using the Fibonacci Number Sequence?
•    What Are the Pros and Cons of Using the Fibonacci Roulette Strategy?
•    Does the Fibonacci Strategy Work? 

The sequence of numbers with Fibonacci is as follows: 1 – 1 – 2 – 3 – 5 – 8 – 13 – 21 – 34 – 55 – 89 – 144 – 233 – 377 – 610 – 987 – …

What you're looking at is essentially an infinite set of possibilities where the last number is the sum of the previous two numbers. You may be wondering how this is applicable to your roulette game? Let's digress for a moment and think of the Martingale roulette strategy and how that is implemented. With Martingale, you double your bets every time you lose. You start with a low figure, and work your way up. Once you win, you are always ahead by the size of your original bet. Nothing too complicated about that roulette betting strategy.

The Fibonacci Roulette Strategy takes things to the next level. The actual numbers in Fibonacci don’t have anything to do the actual numbers on the American Roulette wheel, the European Roulette Wheel, or the French Roulette Wheel. It's all about your bet size. The point of this strategy is to come out ahead. Like Martingale, the Fibonacci Roulette Strategy is applicable to even-money bets only. Betting should ideally begin at the lowest possible amount, since the numbers quickly add up.  And it can be used on any 50/50 odds casino site game

Which Bets Can Be Used with the Fibonacci Roulette Strategy?

Only even-money bets are compatible with the Fibonacci betting strategy. These include:

•    Red or Black
•    Odd or Even
•    1 – 18 or 19 – 36

While these bets are not quite 50/50, they are as close as you can get to even money bets. For precise statistical probabilities of these bets occurring, consider the following:

•    In American Roulette games, even-money bets have a 46.37% probability, with a house edge of 5.26%.
•    In European Roulette games and French Roulette games, even-money bets have a 48.64% probability, with a house edge of 2.70%.

Putting the Fibonacci Roulette Strategy into Practice

No doubt you are eager to test out the exciting Fibonacci strategy to see how it can help you win a roulette game. This unique roulette system works best when you start with a bet size of $1. Using the Fibonacci numbers, you would simply follow the sequential order as it relates to your betting. Consider the following:

You place your first $1 bet at the roulette table. If you lose, you total loss is $1. For the next roulette spin, you bet $1 again. If you lose again, your total loss is now $2. Assuming you lose the third roulette bet, your total loss is now $4. On the fourth round of play, your roulette bet must now increase to $3 for the spin. If you lose that bet, your total loss is now $7. By the fifth round, your bet must increase the $5. If you win the fifth round of play, you should get back $10 (including your original bet because of even money payouts 1:1) so overall you are up $3!

Don't Get Confused Here: Even though you have wagered $1+ $1+ $2+ $3 + $5 = $12, you didn't lose the last $5, so it has to be removed from your costs. You actually only lost $7, and the $5 became $10, for an overall profit of $3. 

If you decided to start betting with $10 instead of $1, you simply multiply all subsequent bets by 10 X, so the following wagering amounts would apply: $10 + $10 + $20 + $30 + $50 = $120 (less the $50 that you didn't lose) = $70 total losses, and a win of $100. That means you generated an overall profit of $30.

What Happens When You Win or Lose Using the Fibonacci Number Sequence?

But this doesn't tell the full story. What happens if you win? What happens if you lose? How big should you bet sizes be, and where should you be on the Fibonacci sequence of numbers? To answer these questions, we have to look at what the sequence actually tells us:

•    Every time you win a bet using the Fibonacci number sequence, you simply move 2 numbers over to the left. So, if you were on #13, and you won your bet, you would then place a bet equal to 5 on the sequence.

Here is an example to clarify: You bet $1 + $1 + $2 + $3 + $5 + $8 + $13 on roulette and then you win. Your next bet then becomes $5 on the sequence, as indicated above. 

•    Every time you lose a bet using the Fibonacci number sequence, you simply move 1 number over to the right and place a bet corresponding to that amount. If you are currently on the 5, and you lose, simply move over to the 8 and place a bet of $8, or a multiple thereof. 

Here is an example to clarify: You bet $1 + $1 + $2 + $3 + $5… $8 on roulette and then you win. Your next bet then becomes $8 on the sequence, as indicated above.

Be advised that you don't necessarily have to start with a $1 bet, for the Fibonacci number sequence to work. Any 2 numbers will work, provided that each number in the sequence is the sum of the two numbers preceding it. For example, you could start with 2 – 2 – 4 – 6 – 10 – 16 – 26… 

What are the Pros and Cons of using the Fibonacci Roulette Strategy?

First off, there are big differences between the Martingale Roulette Strategy and the Fibonacci Roulette Strategy. With Fibonacci, the player only completes a winning cycle once you move all the way back to the beginning of the sequence and win the bet from the first cycle. In other words, you've got to move back to the first bet that you made which is 1 on the original Fibonacci number sequence.  

Recall that every winning bet moves you 2 places over to the left. If you are 6 numbers down the line, 3 wins should do it! If you are 10 numbers down the line, 5 wins should do it. With Fibonacci, it takes much longer to recover your losses and generate a profit. You will need to play more American roulette games, or other roulette games to win a session of play.

With the Martingale Roulette Strategy, players simply double bets on losses to come out with a profit equal to the size of the first bet. On the plus side, the Fibonacci roulette strategy is inherently less risky than the Martingale Roulette Strategy, since you are not having to double your bets and potentially price yourself out of the game with a limited budget.

Studies conducted on players using the Fibonacci number sequence with roulette games found that their bankrolls lasted much longer, and for many more spins using this system. It doesn't guarantee winnings at all, since the outcome of every roulette game is 100% independent of prior outcomes, and has no correlation to future outcomes. Ultimately, it is impossible to play indefinitely and win since the casino has a built-in house edge with all games.

Recall that the house edge in American Roulette is 5.26%, the house edge in European Roulette is 2.70%, and the house edge in French Roulette can be as low as 1.35%, but it's typically 2.70%. These house edges cannot be overcome, no matter what roulette betting system you implement.  It's worth pointing out that the differences between Fibonacci and Martingale are pronounced when it comes to maximum wins during sessions of play. In other words, your ability to win bigger amount of money is subdued with Fibonacci.

Does the Fibonacci Strategy Work?

If you follow the system according to the rules, you can ultimately come out ahead if your bankroll permits, and the luck of the draw is with you. Remember that every win moves you 2 places to the left, and every loss moves you 1 place to the right. When you end up where you started, you should come out with a profit. You may even incur many more losses than wins on your way to making a profit. Of course, loss mitigation is incredibly important when playing with this roulette strategy.

If you make use of a welcome bonus, it provides you with a nifty cushion to pad your Fibonacci roulette strategy bankroll. Be sure to collect your online casino welcome bonus, to benefit from an increased bankroll.  Medium-risk players tend to appreciate the Fibonacci system more than Martingale and other high-risk betting systems. It may appear confusing at first, but simply follow the betting on the sequence and it unfolds like clockwork.

If we step outside of the Fibonacci system and into the real world of casino sites in New Jersey, we know that there is no gambling system, no strategy, and no guarantee of winnings. These betting systems are bankroll management systems that allow you to extend your playing time, with the possibility of a profit if lady luck smiles upon you. It is already self-evident that there aren't 50-50 odds on red or black, odd or even, high or low numbers coming up, thanks to the 0 and 00 numbers. The house edge takes care of that. 

Perhaps the biggest bugbear to any betting strategy is your own bankroll. Players are always restricted by way of budgets, minimum and maximum betting amounts, and the roll of the dice. Over the long run, always bet on the house!