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.
The Fibonacci strategy in roulette works as follows:
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.