Fibonacci Roulette Strategy

Roulette is one of the most popular and recognisable casino games of all time. The standout roulette wheel, the contrasting red or black colors, your favorite numbers filling the table. 

At a glance, it’s one of the easiest online casino games to play too. But there are several different roulette strategies that players use to try and give themselves an advantage.

We’re going to look at one of the many approaches on how to play roulette now: the Fibonacci Roulette Strategy.

How the Fibonacci Strategy works

Once you’ve got the hang of the Fibonacci Strategy, it’s simple to implement – so let’s look into it.

The sequence is named after the mathematician Fibonacci and the concept is that each number in the sequence is the sum of the previous two numbers. So it looks like this: 1, 1, 2, 3, 5, 8, 13, 21, 34….

1+1 = 2

1+2 = 3

2+3 = 5

3+5 = 8 and so on.

So with the Fibonacci Strategy, the principle is this: you bet one unit from your bankroll. If you win early, you drop back to the start. If you win further down the line, you drop back two numbers in the sequence. But if you suffer a losing spin, you move on to the next number.

Let’s put that into practice. Imagine you’ve got a bankroll of $1000. Each bet unit is $10. And you’re placing a bet with a 1:1 payout – so in this case, we’ll bet on red.

You bet one unit of $10, and you win. That puts you $10 up – so keep that aside as profit.

Now you bet again. Another one unit of $10, but you lose. In this case, your next bet consists of two units. If you lose again, three units. If you lose again, five units. If you lose again, eight units.

If you win at this point, you’ll take your profit and drop back two numbers in the sequence – placing three units on your next bet.

Pros and Cons

As is the case with all strategies on all casino games, there are positives and negatives you need to weigh up. Before you play roulette online or live dealer roulette, here’s what you should know about the Fibonacci Roulette Strategy.

Pros

• You can recoup previous losses and even make a profit in one single bet
• Minimum bets are lower for longer, reducing risk and preserving bankroll
• There’s no natural end to the sequence – so you decide when to reset

Cons

• You need to have a large bankroll in case of a lengthy losing streak
• Losing streaks of seven or more require large wagers to recoup losses
• More complex than other strategies due to the unorthodox number sequence

Conclusion

As you’ll be able to see from the above, there are plenty of pros to implementing the Fibonacci Roulette Strategy. But amidst all those benefits, there are a few cons too.

If you’ve got the bankroll to cover lengthy losing streaks, the Fibonacci Roulette Strategy is a solid approach for having fun and hopefully picking up some nice wins along the way. The potential for big wins is higher than with the Martingale Strategy, for example.

However, you should always remember that the house edge in roulette means the odds always favor the casino – and no roulette strategy can truly give any player an advantage.