The Fibonacci Roulette Strategy
Over the years, the Fibonacci system has established itself as one of the most popular betting strategies out there. Of course, American casino goers are also using this betting approach when playing roulette at some of the best New Jersey online casinos. So, let’s take a closer look at the features of the Fibonacci system.
The Fibonacci Sequence
Unlike some other roulette strategies, such as the Martingale or the Paroli, the Fibonacci approach is based on a mathematical sequence. In other words, players have to place bets in accordance with a predetermined set of numbers.
When it comes to the Fibonacci, this sequence is also well-known in popular culture. Besides games of chance, scientists and artists also use these numbers to describe nature and natural phenomena. First documented by Leonardo Fibonacci, the sequence goes like this:
1-1-2-3-5-8-13-21-34-35-89-144, and so on…
The Philosophy Behind the Fibonacci Roulette Strategy
Fibonacci sequence is a cumulative system, and the sequence is unlimited, in theory. In translation, the sequence can go on forever. The basic premise of the system is that the sum of the two adjacent numbers in the progression will produce the next one. So, 1+1=2, 2+1=3, 2+3=5, and so on.
In a way, the Fibonacci is all about the gradual increase in values. Translated to the world of US online casinos, the Fibonacci roulette strategy entails a slow-burning increase in risk.
Even though the strategy was originally used for determining how quickly rabbits can reproduce, the Fibonacci system is now one of the most popular of the American casino industry. Therefore, it is important that players understand the basics of the strategy before risking their money.
How Does the Fibonacci Roulette Strategy Work?
The best way to understand how a certain strategy works would be to try it in action. Thus, let’s imagine a scenario in which you are playing roulette at one of the New Jersey online casinos.
First and foremost, it is important to set up the stop-loss limit before you do anything else. Truth be told, this is nothing more than a precaution, but this safety feature can save you from a lot of headaches later on. Likewise, you should always start the Fibonacci strategy with the lowest possible bet. In most US online casinos, the lowest wagers on online roulette are $5 or $10.
After you start the sequence, there are two fundamental rules to keep in mind:
- If you lose – move up to the next level in the progression
- If you win – move back down two levels in the progression
As you can see, the Fibonacci strategy is a negative progression system because players need to increase the bets after a loss, not after a win. Also, this approach comes with a low risk of losing a lot of money. Yet, experts on online roulette recommend stopping the cycle after 6-7 steps. By doing so, the wagers cannot get out of hand and your bankroll will not be in danger.
Can the Fibonacci Roulette Strategy Beat the House?
Like all other roulette strategies, the Fibonacci approach is most effective when used on the outside bets in roulette. In case you are new to the game, these propositions are red/black, even/odd, and high/low. Typically, we refer to these wagers as even-money bets, because they provide a roughly 50-50 chance of winning.
However, the truth is that the house edge offsets the balance and you as a player have ‘only’ around 48% chance of winning. So, in the long run, the casino will win more spins than you. Unfortunately, the Fibonacci strategy cannot compete with the house advantage, at least not in the long run. Yet, short term play is a whole new story, and Lady Luck could be on your side when playing roulette at an online casino in the US.
Advantages of the Fibonacci Roulette Strategy
Unlike the Martingale, the Fibonacci system does not involve steep progressions. As such, this approach is ideal for conservative players. Needless to say, novice players and beginners can benefit from this feature as well.
The bottom line is that the Fibonacci roulette strategy is safe and reliable. As a result, you will not incur staggering losses by implementing this system into your online roulette sessions.
On top of that, the Fibonacci strategy is simple and straightforward. And, you don’t need a lot of money to start a sequence. Unlike some other roulette strategies, you can use the Fibonacci approach even if you have a small bankroll.
Disadvantages of the Fibonacci Roulette Strategy
One of the biggest drawbacks of the Fibonacci is that you will probably need to have a pen and paper to write down the numbers. Clearly, Fibonacci is not as easy as it may seem. For instance, if you place the wrong bet, the entire math will be messed up.
Because of its conservative aspect, one of the downsides of Fibonacci is the fact that it can take a long time to make up for losses. Most players lose their cool and give up on trying to get out of the hole.
Variations of the Fibonacci Roulette Strategy
Since the Fibonacci sequence was patented all the way back in the 11th century, it comes as no surprise that people experimented with the system. As a result, one of the most popular variations of the Fibonacci roulette strategy is the so-called Reverse Fibonacci.
Unlike the ‘normal’ Fibonacci, the Reverse approach is a positive progression system. In other words, you increase the bets after a win. So, if you win – you move up 1 step in the sequence. On the other hand, if you lose – you go back 2 steps in the progression.
How Difficult Is the Fibonacci Roulette Strategy?
As we said, you will need a pen and paper if you plan on using the Fibonacci strategy in a New Jersey online casino. Therefore, it can be said that this betting approach is not the easiest of them all.
Yet, once you grasp the basics of the Fibonacci sequence, this betting approach will also become a piece of cake. In a way, the Fibonacci entails only two rules, and that’s what makes this system straightforward and convenient.
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As an ancient mathematical theory, the Fibonacci sequence is widely popular these days. When it comes to online roulette, this betting system can boost the odds of winning a few dollars at a US online casino. Nonetheless, this roulette strategy comes with a couple of downsides as well. Thus, it is imperative that you stay on your toes when playing roulette with your hard-earned money.