Betting systems in roulette have been used by players ever since the games inception and they’ve made the move into land-based casino settings. However, as the game of live roulette has evolved and is now played more in online casinos, players are having to find a new way to implement live roulette betting strategies

One of the most common roulette betting systems which can be used during a live roulette game is the Fibonacci Roulette strategy. This betting system is based on players increasing their wager on a losing spin, but when playing they also have to follow the numbers of the famous Fibonacci sequence.

How the Fibonacci roulette betting system works

Before utilising the Fibonacci betting system, players must know roulette rules and the Fibonacci sequence of numbers. Invented by the famous mathematician Leonardo Fibonacci, the Fibonacci system comes from adding the two previous numbers together to get the next in the chain. Instead of working out the maths, we’ve listed it below:

1-1-2-3-5-8-13-21-34-55-89-144-233-377

When using the betting strategy in roulette, there is no need to start the bets at one. However, it's worth noting that it is a negative progression betting system, which means you will need to increase your wage every time you have a losing spin.

Players will not go up in set increments using the sequence, such as doubling the amount; they will need to add their previous two betting stakes together to get the next amount. This means if you’re not the best at maths or are unfamiliar with the sequence, this might not be for you.

Example of the Fibonacci Betting System

If you choose to play a game at a roulette table with the Fibonacci roulette strategy, we’ve highlighted below the progressions you’ll need to make when placing your bets, as well as how much the stake will be when starting from 1:

As you can see, the first four spins saw the stake increase in line with the sequence. As we land on the fifth spin, we would have a £12 profit.

However, if you do land a win, within the Fibonacci sequence, you don’t go all the way back to the first stake. You move back steps, which in theory means you will make back all the original bet losses to that point.

Fibonacci strategy roulette variants

As with many roulette strategies, there are different variants which people can employ, and the reverse Fibonacci sees players move forward in progression rather than backward after a win. This way, they can potentially continue their winning streak. The move backward within this betting system comes after a loss, and it can mean an even bigger loss or an even smaller profit.

Fibonacci roulette system pros and cons

When it comes to the Fibonacci roulette system, there are advantages and disadvantages. Just like any other roulette strategies, this won’t guarantee a win. Before you choose to use any system, these should all be taken into account.

One of the positives about using this strategy is that one win, as shown in our example, can wipe out the losses from the previous bets. This means you can potentially make a profit quicker. The bet sequence also doesn’t completely reset, meaning that even with an even money bet, there is the potential to continue your winning streak.

However, like all roulette betting systems, there are negatives and no guarantees when it comes to winning. If you continue to hit a losing streak, the sequence can quickly go through your bankroll. As it only works with even money bets, then hitting the bigger odds on the roulette table won’t be possible.

Some alternatives to Fibonacci are the Martingale strategy and the Paroli strategy.