Italian mathematician Leonardo Pisano, known as Fibonacci, lived in the 12th and 13th centuries. He is credited for describing the numerical sequence that bears his name. In his book Liber Abaci from 1202, Leonardo Pisano first recorded the Fibonacci number sequence. Hence, the well-known Fibonacci roulette method.
Compared to the Martingale, which is considered more aggressive and risky, the Fibonacci method in roulette is one of the most popular. It is a progression of increasing numbers cumulatively. As long as the game is lost, the following number is calculated from the total of the previous two. What would the order look like?
0-1- 1-2- 3- 5- 8- 13- 21- 34- 55- 89- 144- 233- 377- 610- 987
The arithmetic equation is: 0 + 1 = 1; 1 + 1 = 2; 1 + 2 = 3; 2 + 3 = 5; 5 + 3 = 8,…
The rules of this approach state that you must travel back two steps in the sequence to win the game. Let’s say that in round 6, number 13 triumphs. Placing the following wager would involve moving back two positions in the numerical order, or to 5.
1-2- 3- 5- 8- 13 – 5- 8- 13-21-…
However, if the losing streak is prolonged, it is necessary to start over from scratch.
Since this series is also endless, it has no end. The roulette bet limit is typically limitless; therefore, even though you would like to use this strategy up to an infinite bet, the regulations forbid it.
Generally, we advise you to start the sequence with the number 1. Although it is not required, doing so will help to reduce losses if a losing streak occurs.
Being a 50/50 form of wager, inside betting does not apply the Fibonacci approach. So, if you use this strategy, be aware that your bets will be on external outcomes like even/odd, red/black, 1/18, or 19/36. Since a probability of zero precludes a possibility of 50%, the probability of winning is 48.5%. As you can see, there is a very high likelihood of success. But always play responsibly, and play to have fun.
Can we profit from the Fibonacci method?
A concrete example could help explain this advancement mechanism. Imagine playing ten rounds of roulette, winning three times and losing seven times. Can you still turn a profit if you only win three times and lose seven? Yes, even if the number of negative rounds exceeds the number of positive games, the total of wins exceeds the sum of losses. The total number of losses is 14, while the total number of gains is 26.
Fibonacci System Effectiveness
It’s correct that the player would gain advantages in the first case we gave. Although it is a helpful technique, the Fibonacci method is neither flawless nor entirely successful. We present a hypothetical scenario in which three out of ten rounds are won, and you might lose ten or more times in succession. As we like to say, Chance is arbitrary, and it won’t always be in our favor.
The number of times this tactic fails directly relates to its effectiveness. It will be challenging for the player to recover from losses if they occur too frequently.
In the long run, neither tactic is successful. Because of this, it’s crucial to understand the various techniques and how to use them effectively.
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Pros
- Compared to the Martingale or Parolistrategy, the Fibonacci strategy in roulette is a secure progressive betting system.
- It is a straightforward process to use.
- A 48.5% chance of winning exists.
- Compared to other systems, like the James Bond approach, the investment per item is cheaper, and the maximum loss is likewise more minor.
Cons
- Over the players, the bookmaker always has the upper hand. That does not imply that it is impossible to earn a valuable prize.
- The top wager was allowed at the table. The maximum wager on several roulette tables is 100 euros. In other words, you won’t be able to place bets if you lose 11 consecutive rounds. The wager would amount to 144 euros in round number 12. As a result, you will have suffered a large financial loss.
Getting the invested money back when you lose a string of games is challenging. Ultimately, everything comes down to our financial situation and capacity to suffer through a rough patch.