Fibonacci System

“1,1,2,3,5,8,13,21 is an example of a Fibonacci system (each number is the sum of the previous 2). The Fibonacci uses this sequence profile ”
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This system is based on the Fibonacci sequence. This is a mathmatical sequence of numbers named after Leonardo de Pisa. A Fibonacci set of numbers is one where every number is the sum of the preceding 2. Normally, the Fibonacci system appeals to roulette players as they think “well, if the egg-heads play it, it’s got to be good”.

Just remember, though, that the Fibonacci wasn’t exactly designed for roulette. But anyway- read on and come to your own conclusions.

Lets say we start with 1. The sequence goes:

1 1 2 3 5 8 13 21

Your pattern of betting follows a  Fibonacci progression: ie, your bet should be the sum of your last two bets. When you win, the last 2 numbers are removed from the sequence (this is because their sum was equal to the previous bet).

Try the Fibonacci at Betfair

The upside of the Fibonacci system is that it the risk stays relatively low even in short bursts, because any losing streaks are compensated with one spin of the roulette wheel. It is also less likely to fall over due to the table limits than the Martingale, as it progresses in a more civilised manner than the Martingale System in short sequences. Even so, it’s advisable to limit the length of a Fibonacci betting sequence to 6 or 7 losses in a row.

The downside? Well in this system, if you have a long losing streak, you are not going to get back all of your losses, you are just limiting them (but at the same time you are going to have less grey hairs than if you were playing the Martingale and certainly the white knuckle ride Super Martingale).

Take the above sequence for example, ie starting with 1. Let’s just take the pessimistic view that you are not having the luck of the Irish today, and you are on a losing streak (Roulette Tip: always map out the worst case scenario and the best case scenario when you are deciding on a system. Chance are you will land somewhere in between).

You bet 1 and lose
You bet 1 and lose
You bet 2 and win. On this sequence you have covered your bets. You still have the shirt on your back: congratulations!

You bet 1 and lose
You bet 1 and lose
You bet 2 and lose
You bet 3 and win. On this sequence you have only lost 1. You still have your shirt, but you might need to wear it an extra day in between washes!

Of course you might also hit a winning streak! In this case, hit the shops and buy an new shirt.

This is just to illustrate that this system is a loss limiter system.

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User Reviews

Jevan:

1 vote, average: 3.00 out of 51 vote, average: 3.00 out of 51 vote, average: 3.00 out of 51 vote, average: 3.00 out of 51 vote, average: 3.00 out of 5
Reviewed September 26, 2012

Can someone exlpain Roulette to me?I’ve never played roulette before but I’m thinking of going to a casino soon and my friend told me the roulette wheel has only one green 0 on it. So I’d like to know a few things.Is the pay out for betting on black or red exactly double the amount you place?Is there a limit to how many consecutive bets you can make?For example, could I just sit there constantly betting on red and each time increasing my bet by a factor of 3 until I eventually win?I heard somewhere that you can only go 9 times in a row but even then isn’t it highly unlikely that it will not land on red at all (if my maths is right then (19/37) 9 times in a row would mean a 0.25% chance that it will avoid red 9 times consecutively)

onlineroulette:

1 vote, average: 0.00 out of 51 vote, average: 0.00 out of 51 vote, average: 0.00 out of 51 vote, average: 0.00 out of 51 vote, average: 0.00 out of 5
Reviewed September 26, 2012

I would recommend you play on the free play version first. Don’t risk any money before you get the hang of the bets. Red/Black pays out 1:1. So if you bet 5 and win you get 10 back (original bet plus win)

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type Low Risk
cost Free
progression Negative