"For any game of chance such as Roulette, there is not one strategy that can ensure 100% of winning probability. But if you play smartly using the strategies that work, you will be able to make good consistent money from the online casinos".
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The Fibonacci system has been developed from a mathematical sequence (discovered by Leonardo Fibonacci in 1202).
This mathematical equation describes the shape of many naturally occurring objects and phenomena including the shape of the shell to the right. (The Reverse Fibonacci also uses this of course).
For hundreds of years, this sequence has been used to try and beat the roulette wheel. It’s also a favorite of baccarat players, and forex traders.
Sequence of bets
The Fibonacci is similar to The Martingale, in that you increase your bets after a loss to try and claw back losses. It’s one of a number of negative progression systems (another is the Labouchere system). The difference being that the Fibonacci is less aggressive than the Martingale.
Instead of doubling your bets as you do in the Martingale after a loss, in the Fibonacci, your bet after a loss equals the sum of the two previous bets.
(Another even less aggressive negative progression is the D’Alembert Sytem, by the way).
A regressive roulette system, on the other hand focuses on increasing bets after a win, and then lowering your bets every now and then, in order to bank profits,
Example
So say you begin with a single unit bet. Your sequence would be as follows:
1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144
If you started with a 5 unit bet, you sequence would be
5, 5, 10, 15, 25, 40, 65, 105, 170, etc.
You can see that the bets ramp up if you hit a losing streak, but not as fast as they would with the Martingale.
Fibonacci vs. the Martingale
In the Martingale, you revert back to your initial bet after a win. In the Fibonacci, you go back 2 numbers, so in the $5 example above, if we won on $65, our next bet would be $25. If we won that one, the following bet would be $10 and so on. If you can keep winning and get back to your initial bet, then you are all square overall, and it’s time to try and get into the black again.
The idea is to bring yourself back into profit steadily. Whereas, in The Martingale, you aim to cancel out all of your previous losses with one big win (so you sometimes end up betting big to win a small amount), in the Fibonacci, you are aiming to cancel out only your previous 2 losses. It’s still a negative progression system, but it’s less aggressive.
Although a progressive gambling system, the Fibonacci differs from the Martingale system, for example, in that it doesn’t seek to cancel out the total loss with one huge win, just the last two losing bets.
The best thing to do, is to have a pad of paper next to you and right it out as you go. This is a medium risk system. It doesn’t change your odds at the table, but may be worth testing as a money management strategy.
Remember, as with all systems, set yourself a strict stop loss and profit target before you play.
Pros and Cons
Remember- set your stop loss and profit limits and stick to them! Don’t be greedy.
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