Fibonacci Roulette Strategy

Fibonacci Roulette Strategy

The Fibonacci roulette strategy is another sequencing roulette strategy named after the Italian mathematician. While it is a progressive system, it is a bit more complicated than the Martingale strategy.

Initially, you would start playing online roulette with the same $1 bet. However, this strategy is focused more on minimizing losses in a sequence in anticipation of hitting a long winning streak. In order to determine the amount to bet after a losing spin, you would simply add the amount you wagered on the prior two spins. Hence, it would work like this.

How the Fibonacci Strategy works

You start a sequence with a $1 bet on odd or even. If you win, you collect $2 after betting $1 for a $1 profit. Accordingly, The next bet would be $1 again to start a new sequence. If the first bet of the sequence loses, you would wager $1 on the second bet of the sequence. Why? Because there has only been one bet at this point in the sequence. So, you would add the $1 to nothing.

If the second bet in the sequence wins, you would collect $2 after betting a total of $2 on the sequence. You will have effectively broken even. If the second bet loses, the next bet in the sequence would be $2, or $1 + $1 for the last two spins.

If the third bet in the sequence wins, you would collect $4 after having bet a total of $4. Again, you have broken even. If the third bet loses, the next bet would be $3 or $1 + $2 from the last two spins.

If the fourth bet in the sequence wins, you would collect $6 after betting $7 for the sequence. Consequently, you would now have a small $1 loss for the whole sequence. The progression continues and the potential net losses get a little bigger.

As you can see, this roulette strategy is more about bankroll preservation than profit-making. That is at least until a winning streak occurs. If you're looking for more check more roulette strategies here.

To play the Fibonacci Strategy a little more aggresive you can higher the stakes or start with a higher bet. You can also add $1 of bet after the sequence starts over. This way you can win more but offcourse also lose more.