What is the Fibonacci Dozens betting system in Online Roulette?

Fibonacci Dozens betting

The Fibonacci Dozens betting system is a recent inclusion to a scope of negative progression staking plans for online roulette. The concept is actually to increase your bet after a losing spin. The distinction between this system and the usual Fibonacci betting plan, though, is that only Dozens bets are utilized. Putting the Fibonacci betting system to test will expose to us if this fresh take on the Martingale is somehow mathematically formidable.

How the Roulette System Works

Leonardo Pisano, otherwise known as Fibonacci, a 13th-century Italian mathematician which the original Fibonacci betting plan was named after. Fibonacci did develop a progressive mathematical sequence that exemplified natural shapes, such as snail’s shells.

Actually, the Fibonacci sequence is pretty simple. Each number is equivalent to the sum of the two previous numbers in the run. Say for example: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, and so on.

The Fibonacci sequence certainly, lends itself to a negative progression staking plan. Following a losing bet, you go ahead and move on to the next number in the list to work out the next bet.

In the case of traditional Fibonacci roulette plan, you only put bets on the even-money bets such as red, black, odd and even. Wherein in the Fibonacci Dozens plan, you remain on to one of two sections: The Dozens of Columns. Either of the bets pay 2/1. 

Fibonacci Dozens betting

Playing the Fibonacci Dozens Betting System Staking Plan at the Table

Still, the Fibonacci Dozens appears to be a bit riskier compared to the original staking system for the reason that you are covering fewer numbers. The payouts can be considerably bigger, though. We’re about to find out how it works in practice

Considering our example, that is, we utilize a standard European Roulette table, same manner as you will find in the casino roulette lobby.

So, taking a look at our example, we begin by betting on the first dozen, numbers 1-12. The payouts are 2/1 for every winning bet. Afterwards, we opt to switch to a column bet for our second five spins.

Although only winning 3 out of 10 spins, we still end up in profit. Furthermore, the negative progression format of the Fibonacci Dozens plan indicates your stake surges up after a losing spin. It will continue to increase until you win, and then reset to the base stake.

Advantages and disadvantages of the Plan

The perk that the Fibonacci system can give you over a more conventional progression plan such as the Martingale is that the bets go up more steadily. Instead of doubling following a losing spin, the stakes only increase in minor increments. Then if you win, they anyway reset to the base.

Additionally, the Dozens format builds up the amount you can win. Whereas the Martingale for instance, utilizes bets such as red or black, however, these only pay even money for the gambler, a winning column or dozen bet pays 2/1.

Regardless of whatever system, risks always exist and given you go on a downswing, a progression system such as Fibonacci Dozens can unleash destruction with your bankroll.

Also, you need to factor in the house edge. In case of European Roulette, the edge is 2.7%, which indicates that for every £100 wagered, the casino takes £2.70. In the long run, the casino will always win more from players than the other way around.

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A few negative progression staking plans can be detrimental if the player happens to go on a long downswing. On the other hand, the Fibonacci Dozens system has a compliment staking which in the long term is better.

In the case of all roulette staking plans, players need to be cautious when executing the Fibonacci Dozens system. It’s thrilling to try for free though, before committing any real cash.