The Fibonacci betting system is based on the famous Fibonacci mathematical sequence that was introduced in the 13th ct. by Leonardo Pisan, famous Italian mathematician. The Fibonacci sequence is a series of numbers in which every following number represents the sum of the two previous ones: 0 - 1 - 1 - 2 - 3 - 5 - 8 - 13 - 21 - 34 - 55, etc.

Applying the Fibonacci betting system

While applying the Fibonacci betting system, the players should make the series of bets in roulette where betting amounts correspond to the numbers in Fibonacci sequence. One shall need a piece of paper and a pen.

1. The first step in applying the Fibonacci system is making an initial bet. The player should make a 1-unit even money bet.
   • In case the player wins at first, the sequence is over and the system begins from the scratch.
   • If the player loses, he or she should put down number 1.
2. The next bet after the loss will represent the second number from the Fibonacci sequence. E.g. if you bet 1 unit, your next bet should make 2 units.
   • In case of a win one should cross out 2 last numbers from the sequence. When all numbers are crossed out, the sequence is over and one may start a new one.
   • With every next loss one makes another bet that is a sum of two previous units from the sequence.

Just like in Martingale betting system, Fibonacci betting system applies to the even money bets and consists in increasing the betting amount after each loss. Nevertheless, the Fibonacci system doesn't require doubling the bets.

Example of the Fibonacci sequence

• When you bet one unit and lose, put down 1. Your loss makes 1 unit.
• Bet one more unit. If you lose, the sequence will look like 1 - 1. Your loss makes 2 units.
• Bet two units. If you lose, the sequence is 1 - 1 - 2. You lose 4 units now.
• Bet three units. Another loss makes the sequence look like 1 - 1 - 2 - 3. You lose 7 units.
• Bet five units now. It well may happen that you win this time. You should cross out two last numbers from the sequence. Now it looks like 1 - 1 - X - X. Your loss is lower now and makes only 2 units.
• Now you are to bet two units. In case you lose add 2 to the sequence: 1 - 1 - 2. The loss makes 4 units.
• With another bet of three units you might win and reduce your losses to 1 unit. The sequence is now 1 - X - X.
• Another bet of one unit and a win bring the sequence to an end. You now win 1 unit.

Advantages and disadvantages of Fibonacci betting system

Compared to the Martingale system, Fibonacci betting system is less risky in what concerns the player's bankroll. In fact, Fibonacci system requires smaller bankroll. As it was mentioned above, the player doesn't need to double the bets.

Nevertheless, it is still possible to exceed the table betting limit while applying the Fibonacci sequence. That's why it is recommended to make the smallest possible initial bets.

As you already know, no betting system is able to influence your roulette probabilities. Fibonacci betting system is no exception. You should always remember that roulette is a game where all results are absolutely random and irrelevant of any previous outcomes.