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The Fibonacci strategy is a progressive betting system often used in roulette, as well as other casino games. It is based on the Fibonacci sequence, a mathematical sequence in which each number is the sum of the two preceding numbers: 1, 1, 2, 3, 5, 8, 13, 21, and so on.

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The Fibonacci strategy in roulette works as follows:

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  1. Determine your base bet: Start by choosing your initial betting unit, which is the amount you will wager on the first bet.
  2. Place the initial bet: Begin by placing your base bet on an even-money bet option (e.g., red/black, even/odd, high/low).
  3. Progression after a loss: If you lose the bet, you move one step forward in the Fibonacci sequence and bet the next number in the sequence. For example, if your base bet was $1 and you lost, your next bet would be $1 (the second number in the sequence).
  4. Progression after a win: If you win the bet, you move two steps back in the sequence and bet that amount. For example, if your previous bet was $8 and you won, your next bet would be $3 (the sum of the two preceding numbers: 1 + 2).
  5. Repeat the process: Continue following this progression, moving forward in the sequence after losses and moving backward after wins, until you either reach your desired win goal or decide to stop playing.

The goal of the Fibonacci strategy is to recover losses by increasing bets gradually and taking advantage of winning streaks. However, it’s important to note that roulette outcomes are still based on chance, and the Fibonacci strategy does not guarantee winning or overcoming the house edge.

Like any betting system, the Fibonacci strategy has its limitations. While it can help manage bankroll and provide a structured approach to betting, it cannot alter the fundamental odds of the game. It’s crucial to gamble responsibly, set limits, and understand the risks associated with using any betting system in roulette.

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