{"id":6807,"date":"2022-06-22T14:32:46","date_gmt":"2022-06-22T14:32:46","guid":{"rendered":"https:\/\/www.casino.com\/blog\/\/blog\/?p=6807"},"modified":"2025-03-20T07:55:37","modified_gmt":"2025-03-20T07:55:37","slug":"fibonacci","status":"publish","type":"post","link":"https:\/\/www.casino.com\/blog\/2022\/06\/22\/fibonacci\/","title":{"rendered":"Fibonacci Betting System for Roulette"},"content":{"rendered":"\t\t
The creation of betting systems has\u00a0become almost a cottage industry for\u00a0casino gamers, with plenty of people proclaiming that their own way of playing blackjack<\/a> or roulette is the best\u00a0way to bet on these storied games. In this article we are going to see how the Fibonacci betting system can be used when playing roulette online.<\/p>\n\n One of the biggest flaws associated with betting strategies is that many of them are incompatible with losing streaks. Some of the more audacious systems require playing through a run of bad results as though the famous gamblers\u2019 fallacy<\/a> (the belief that more losses increase the chance of a win) were just a legend told in hushed tones around the casino<\/a> bar. Of course, it\u2019s difficult to argue with the reality of a losing streak when you\u2019ve already exhausted your bankroll.\u00a0<\/p>\n\n Today, let\u2019s take a look at one of the more popular of these betting systems, one that concerns itself with the mathematics of the Fibonacci sequence.\u00a0<\/p>\n\n Like Pi and Pythagoras’ obsession with triangles, the Fibonacci sequence is one of those aspects of mathematics that has almost reached household name status. In fact, the idea that people will put the Fibonacci sequence on top of anything (pictures of cats, dogs, bears, etc.) and call it good has become something of a meme in recent years. In its most common representation, the Fibonacci sequence is a shape that looks like a Nautilus shell, which follows the mathematical principles of the\u00a0\u2018golden spiral\u2019.\u00a0<\/p>\n\n Lost? All you need to know about the Fibonacci sequence is that it\u2019s made up of numbers that are added together, beginning with 0 and 1:<\/p>\n\n And so forth. The only thing you need to memorise to find the next number in the sequence is what the most recent two numbers add up to. Let\u2019s look at the Fibonacci sequence in a much longer form, one that we hope you’ll never need when you’re using this particular betting system:<\/p>\n\n When represented as a drawing instead of in numbers, the Fibonacci sequence creates the \u2018golden\u2019 spiral we mentioned earlier. Why golden? It\u2019s something of an idea for the growth of things and is visible in nature. Sunflowers, cauliflowers, the family tree of bees, DNA molecules, hurricanes, nautiluses, and even the human face (one nose, two eyes, three limb segments etc<\/a>) follow the Fibonacci sequence. The song Lateralus by the progressive metal band Tool uses the Fibonacci sequence to order the number of syllables of its lyrics, too.\u00a0<\/p>\n\n Why? Who knows.<\/p>\n\n Hopefully, by now, you\u2019ll be able to see that the Fibonacci betting system follows the famous sequence in some way or another. If you\u2019d like to use it in a casino game (it\u2019s applicable to anything where bets are placed and won or lost), simply write it down and keep to the following rules:<\/p>\n\n You will begin on 1, which represents one whole unit at the first stage. If you lose, bet 1 again; if you lose, bet 2; if you lose, bet 3; if you lose, bet 5 \u2026 and so forth. Winning on 5 will take you two steps down the sequence, to 2 – and then 1. You can restart the sequence from this position, as it\u2019s not possible to go any further back.<\/p>\n\n The Fibonacci betting sequence is based upon chasing losses in even markets (even\/odd, win\/loss, black\/red, etc.) until the player wins, gives up, or runs out of money. Once again, this process takes way too many cues from\u00a0the gamblers\u2019 fallacy. While everyday logic might dictate that a coin toss has to land on heads eventually, theoretically, it doesn\u2019t. The only reliable aspect of a 50:50 chance is that you will get both outcomes eventually. Try it yourself. See what number you get to by assigning +1 to heads and -1 to tails and flipping the coin ten times. Is it zero?<\/p>\n\n The Fibonacci sequence is known as a negative progression, which means betting more (and more) when you\u2019re losing. It\u2019s not hard to see the problems with this kind of wagering and it\u2019s widely criticised by gambling experts. If you have infinite time and an infinite bankroll, then the Fibonacci sequence is a sound way of betting but, for the average roulette player, having to stake \u00a35 (on an initial stake of \u00a31) on the fourth loss in a row isn\u2019t anybody\u2019s idea of a practical progression towards\u00a0getting some sort of significant win.\u00a0<\/p>\n\n The Fibonacci sequence has a very long history, going back to the 13th century. However, Fibonacci, then known as Leonardo of Pisa, originally invented his famous concept to calculate the spread of rapid populations. Separate from Fibonacci, though, the number sequence of 0-1-1-2-3-5, etc. may actually have its roots in 450BC in India.<\/p>\n\n Previous:<\/strong> Grand Martingale<\/a><\/p>\n<\/div>\n\n<\/figure>\n\n
What is the Fibonacci Sequence?<\/h2>\n\n
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The Fibonacci Betting System<\/h2>\n\n
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What\u2019s Wrong with it?<\/h2>\n\n
Did You Know?<\/h2>\n\n