Can You Use the Fibonacci System in Roulette?
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Using the Fibonacci System in roulette is one way to keep your betting strategy consistent. This negative progression system is also a great way for players to make up for their losses.
The system is easy to learn, and there are plenty of online casinos offering roulette. So, you can start using the Fibonacci System in this classic casino game today. All you need to do is follow five simple steps.
Keep reading to see how you can use the Fibonacci method in online roulette. I will explain how the system works and tell you how to start using it in roulette games.
What Is the Fibonacci System?
The Fibonacci Sequence is one of the most famous mathematical sequences. To create this sequence, you simply add the two previous numbers together to get the next number.
For example, the start of the Fibonacci Sequence looks like this:
- 1, 1, 2, 3, 5, 8, 13
So, how does this sequence apply to casino games like roulette? Roulette players can use this sequence to determine their stake amount on their next bet.
The Fibonacci System is a negative progression system, meaning you increase your stake following a losing bet. Instead of increasing your stake by one or doubling it, you move to the next number in the sequence.
For example, if your first bet is $10 and you lose, then you would bet $20 the next round. Should you lose again, then you bet $30, $50, $80, and so on.
In theory, you should cover most of your losses when you do eventually win. As long as you do not lose too many bets in a row, then you do not need to worry about hitting the table’s betting limits or spending all of your bankroll.
Does the Fibonacci System Work?
The Fibonacci System is a popular roulette betting strategy, but does it actually work? Results will vary from one day to another, but this betting strategy can help you win at roulette consistently.
Like other negative progression systems, the Fibonacci System helps players quickly make up for their losses. You will not cover all of your losses with one win. But this strategy does make it easier to recover from your losses faster.
There are risks involved with this betting system, though. For example, it can make your losing streaks more expensive because of how quickly you increase your stake amount. Also, like other negative progression strategies, you need to stick to even money wagers for this method to be most effective.
How to Use the Fibonacci System in Roulette
Learning to use the Fibonacci System in roulette is easy to do. You can start using the betting system by following these five simple steps.
Memorize the Fibonacci Sequence
The first thing you need to do if you want to use the Fibonacci System is to learn the Fibonacci Sequence. This sequence is infinite, but you do not need to learn more than the first 10 or so numbers.
Learning the sequence will make you more comfortable with the system. This will help you become a more confident roulette player.
If you are playing online roulette, then you can have the beginning of the sequence written out in front of you. Also, you can always find the next number in the sequence by adding your last two stake amounts together.
Pick Your Style of Roulette
After you have learned the Fibonacci Sequence, then you can move on to step number two. There are different variations of roulette, and each requires its own strategy to be successful.
Most roulette games use either an American Wheel or a European Wheel. The former has two zero spots on it, which increases the RTP. It also widens the gap between the payout odds and true odds for every bet in the game.
The type of roulette you play will also determine the casinos that you can play at. For example, if you are playing at a brick-and-mortar casino in the US, then you will likely be stuck with an American Wheel. However, you can easily find single-zero wheels by playing roulette at real money online casinos.
Set Your Betting and Bankroll Limits
Your next step is to set your betting limits and create your bankroll. The amount of money you have to gamble with will have a huge impact on how effectively you can use the Fibonacci System.
Remember, you will be increasing your stake following losses. As a result, you should pick a lower starting stake amount than you may be used to.
Starting with a low stake amount will make it easier for you to double, triple, and quintuple your starting stake amount. Also, it will make you less likely to hit the table betting limits.
The other factor to consider is that you need to have a large bankroll. If you want to use the Fibonacci System, then you need to be prepared to commit a lot of money for consecutive losses.
Decide on What Bets You Want to Make
Once you know your starting stake amount and your betting limits, then you can decide on which bets you want to make. Like other negative progression systems, the Fibonacci System works best when you are making even money wagers.
There are no true even money wagers in roulette. This is because the payout odds for every bet are always lower than the true odds in this casino game. However, the following bets are commonly called even money wagers:
- Red or Black
- High or Low
- Odd or Even
The wagers above all offer 1:1 payout odds, but you have a slightly less than 50% chance of winning them. Sticking with these wagers should help you avoid long losing streaks.
Other outside bets in roulette, like the column and dozens bets, are also good choices for this betting system. You are taking on more of a risk, though, because you are only betting on 12 winning numbers instead of 18. On the bright side, these bets do offer better payout odds at 2:1.
Start Using the Fibonacci System
Now that you have your bankroll and strategy created, you should be ready to start using the Fibonacci System. All you need to do is create an account at a casino site with the type of roulette you want to play.
I suggest finding a casino site that also offers a free version of the type of roulette you want to play. This will allow you to practice your roulette strategy using the Fibonacci System without spending any money. Once you have experience using the system, then you can adjust your strategy as needed.
Ideally, you will be playing a free version of the paid roulette game you want to play later on. If this is the case, then you also have a chance to become familiar with the game’s user interface. If you do not like the UI, then you can switch to a different casino before you invest any of your bankroll.
More Online Roulette Tips
The Fibonacci System is a great tool for roulette players. However, using the right betting system is only one way to succeed at online roulette. Here are three more online roulette tips that can help you win money.
Pick the Right Roulette Casino
As I mentioned above, picking the right casino site can have a huge impact on your roulette-playing experience. In addition to determining the types of games you can play, the casino you choose also determines the following:
- Payment methods
- Bonus options
- Mobile compatibility
Simply put, you should do your research before investing your money in a roulette casino site. Otherwise, you could waste your bankroll on a casino that is not right for you.
Stick to European and French Wheels
Another tip for online roulette players is to make sure you stick to single-zero wheels. Playing French and European roulette games will give you better true odds.
American wheels, on the other hand, have lower true odds because of the second zero spot. The better your true odds, the more likely you are to win. Finding single-zero roulette wheels is easy to do for online players, too.
Take Advantage of Roulette Casino Bonuses
Last but not least, you should take advantage of roulette casino bonuses when they are available. Using bonus offers can add thousands of dollars to your bankroll and let you play more rounds of roulette. Top roulette casinos like DuckyLuck Casino also have great reward programs that offer faster payout speeds, cashback offers, and more.
Have You Tried Using the Fibonacci System in Roulette?
The Fibonacci System is a great example of a negative progression betting strategy. You can use this system to help you win more consistently in many casino games, including roulette. Check out the guide above to learn how to use the Fibonacci System in online roulette games.
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