Is Fibonacci retracement a good strategy?

The Fibonacci is a good strategy when it is applied to casino games, especially roulette, as well as high-RTP slots. In other words, as long as you are not using it for sports betting, you should yield positive results.

What is Fibonacci strategy ?

Fibonacci is a negative progressive gambling strategy that players use for playing casino games, based on the famous Fibonacci sequence.

How to do Fibonacci strategy?

Based on the principle of the Fibonacci sequence where each number is the sum of the two preceding ones.

How to apply Fibonacci in roulette?

The way that this system works is that you have to progressively increase your bets after a loss. The theory behind the Fibonacci strategy is that you need to bet the amount of your last two bets, and this also applies to roulette.