Betting System in Focus: The Fibonacci Betting System

When talking about roulette betting system, nothing comes as famous as the Fibonacci system. It is as popular as the other household names like the Martingale or the Parlay System. Living up to its fame, the Fibonacci is indeed a betting strategy that offers that great potential to earn big profits in roulette.

In this article, we will take a look closer at the strategy and see for ourselves if indeed, it is the best tool for you to use in your next roulette gameplay.

Quick Background

The Fibonacci Betting system is derived from the amazing mathematical sequence of the same name. The discovery of this naturally occurring sequence is directly linked to the work of Italian mathematician Leonardo Bonacci. Around the 13th century, he published his magnum opus, “Liber Abaci” or “The Book of Calculation. In this book, Bonacci introduced the Fibonacci number sequence.

Not only did the scientific community was impressed as to how the sequence was able to unravel some of nature’s most amazing properties. The gambling world also took part of the hype and realized how the sequence can bring more good fortune for them.

About the Sequence

The Fibonacci sequence, in its purest essence, is so easy to understand. The sequence starts with 1 and goes on in such a way that you add 2 prior numbers together.

It is cumulative in nature, which is why every number that follows a number is equal to the sum of the two previous numbers. Take a look at the first 15 numbers of the Fibonacci sequence which goes as follow:

  • – 1  –  2  –  3  –  5  –  8  –  13  –  21  –  34  –  55  –  89  –  144  –  233  –  377  –  610

The way it goes is that we add 1 to 1 which equals to 2. Two is then added with the previous number, 1, and we now have 3. Again, we add 3 with 2 and we have 5. Five is added with 3 and we get 8. Eight plus 5 is 13, and so forth.

Fibonacci in Roulette

Using Fibonacci when playing roulette is only applicable when placing even-money outside bets. These are wagers which yield one to one. Examples are Red/Black, Even/Odd, High Numbers/Low Numbers.

The way to use it is the players starts with 1 unit of bet as his first wager. He then moves through the sequence each time he registers a loss. This means that he needs to move to the next number in the sequence until he gets a win.

To further illustrate the point, consider this scenario:

Player bets £1 on a red. Black comes after the spin. He bets again with £1 and sticks on red. Again he lost to black. So he goes up to £2 for red. Black wins and now he moves forward with £3. His color didn’t show up and so he must bet on £5. So on and so forth.

In the event that a win occurs, the player steps back to the beginning, which is the base unit or £1, in our example’s case. In a way, a win would complete the sequence. If the player will register a win again, he simply has to remain with the same bet amount and move only when encountering a losing number.

Huge Win!

Now, you must be wondering how come a Fibonacci betting system can be of huge advantage when playing roulette. The truth of the matter is, the further you are in the sequence (which means you are losing badly) the quicker you’ll break even or reap big profits even with just a single win.

Some Reminders

Realistically speaking though, you need to set a losing limit when using Fibonacci system. You don’t want to find yourself caught in a string of loses as this could spell a major financial disaster for you. In this post, we reveal some tips on how to set losing and winning limits when playing roulette.

Also, you might want to memorize the Fibonacci sequence as this is the basis in using the betting system.

If you enjoyed this post, please consider leaving a comment or subscribing to the RSS feed to have future articles delivered to your feed reader.