Oscar's Grind Blackjack
Oscar’s Grind Betting System that’s perfect for Blackjack, Craps, Baccarat and Roulette! This is my favorite. Also known as Oscar’s Grind, it can be used with all even money bets, including Baccarat, Craps, Roulette, and Blackjack. I have won tens of thousands of dollars with this system in the past.
- Sep 12, 2010 Oscar's Grind was created by a Craps player known for us only as Oscar, but it's equally applicable to real-money blackjack gambling. Oscar's Grind betting system is most advantageous if you're on a streak - hot or cold. The system keeps your bets rather low if you're on a losing streak and increases your bets if you're on a winning streak.
- To answer questions about Oscar's Grind, it's better than flying by the seat of your pants, but target betting is better still. I get questions about Oscar's Grind from time to time, usually from people who want to suggest that there is a more than coincidental similarity between Oscar's variation on the money management theme and my own.
- Oscar’s Grind sometimes referred to as Hoyle’s Press is a fairly easy positive progression betting system with a low-risk rate. The betting strategy is devised to exploit the potential of the winning streaks and control the damage caused by the consecutive losing hands.
- The whole idea of Oscars Grind is to Grind away. No offense,but you lost $350 and quit. You entered a marathon and quit when you were trailing after five miles. You had tested it plenty of times and had seen how volitile it is,but got scared when using real money.
I get questions about Oscar's Grind from time to time, usually from people who want to suggest that there is a more than coincidental similarity between Oscar's variation on the money management theme and my own.
The two methods are as alike as an apple and an orange (both grew on a tree, both are spherical and have pips, both taste good and...that's about it).
I have always enjoyed the story of the origins of the Grind, which legend has it was created by a crusty old geezer who played just craps and used a stubby pencil to record the result of each roll in a battered notebook. Too many adjectives!
I'm more inclined to believe that like card counting, Oscar's creation is encouraged by the casinos because most people mess it up, and when they do, they lose more money than they probably would otherwise.
The idea as I recall it from Tom Ainslie's book How to Win in a Casino is to freeze the bet after a loss, add one unit after any mid-series win, and revert to a minimum bet after recovering prior losses for the series, plus one unit.
If the next bet in a series would exceed 20 units, it's Game Over and back to a minimum wager, and that's the part that makes me suspect that 'Oscar' was actually a casino employee with evil intent!
A 1-20 spread has zero chance of winning in the long term, with or without following the OG rules. That's an absolute factual fact. With the loss limit removed, 'Oscar' does marginally better than a random bettor on a winning streak and can stay ahead for a good long while with a decent bankroll.
Against the BST blackjack data set, for example, OG earned about 5.0% of target betting's win to date while racking up more than 50% of my method's overall action. That translates to a greater risk with a far lesser reward.
Oscar's Grind Blackjack
Mr. Ainslie's description of Oscar's Grind makes no provision for a win progression, which seems to me strangely short-sighted unless there is an ulterior professional motive. Incorporating +1u after an opening win, continuing until a loss, then freezing the bet per the standard rules and playing on until the loss is recovered +1u, pumps OG's win by more than 30% while increasing the action by less than 10%. Why not do it?
OG is a progressive betting method, of course, so it wins more often than not. It's just not a very good progressive betting method!
A simple Martingale does much better, my version of a Martingale is more effective than the original, and target betting knocks them all into the proverbial cocked hat (one of these days, I must look that one up!).
Now seems as good a time as any to revisit the topic of which games to tackle with target betting.
Blackjack is by far the preferred option because of its low net house edge and the extra profit opportunities offered by double-downs and splits and 3-2 payoffs for naturals (never play at a layout offering 6-5, unless you are stuck at the last blackjack layout on earth).
Field betting at craps is a great place to start a series and take a break from blackjack, because of the x2 payoffs for 2 and 12 that are still x2 and x3 in some casinos. The negative odds are more than 5x blackjack's with x2x2, so you should never let the bets get too high before bailing out for a safer game.
Baccarat is the #2 option, but you should never, ever bet on Banker. That so-called '5 percent' commission is one of the great lies of gambling because it can easily swallow all your winnings and leave you in the hole in spite of your best efforts. I'll be posting more about that one of these days, with the help of the baccarat data sets from Lee Jones and Lorenzo Rodriguez (all 300,000+ of 'em!).
Roulette is a wonderfully streaky game best played (in my opinion) with the 'wobble' method of picking black or red, odd or even, or whatever - never 'inside' bets. Wobble is from WBL which in turn means Win Before Last, or as the French have it, avant derniere (or is it the other way around? I can never be sure!).
The big problem with roulette, of course, is its 5.26% house edge. So, again, kick off a new series (or several) at roulette if you must, but always back off before the NB gets out of hand, and take your LTD/NB numbers to a more player-friendly game.
Just don't rely on old Oscar, may he RIP. Mr. Ainslie claims to have paid for several gambling trips to the Bahamas with that method. Guess he's just a lucky cuss...?
An important reminder: The only person likely to make money out of this blog is you, Dear Reader. There's nothing to buy, ever, and your soul is safe (from me, at least). Test my ideas and use them or don't. It's up to you.
_Blackjack Articles And News: Oscar's Grind, Betting System, Blackjack Strategy, Wild Jack
Progressive betting systems have been around for hundreds of years, since gambling starting. Since casino gambling began in France, that's where most types of betting systems took root. In fact, the best-known systems have French names such as D'Alembert, and LaBouchere. Another well-known system is the Martingale, but some players also know Oscar's Grind - a betting system with a cool name and a modest goal. Of all the progressive betting systems, Oscar's Grind may be the safest.
Roulette Systems
The roulette was the most popular game in French casinos, so most betting systems were developed for roulette tables. Novertheless, the basic idea of the systems can be used on every other game in gambling, especially in a combination with 'strategy'. Strategy can influence your odds and is beneficial on the long run. As for the systems, with today's betting range of 1c to $1000 per spin, you can implement Oscar or even Martingale on online slots.
Oscar Was a Successful Craps Player
Oscar's Grind was created by a Craps player known for us only as Oscar, but it's equally applicable to real-money blackjack gambling. Oscar's Grind betting system is most advantageous if you're on a streak - hot or cold. The system keeps your bets rather low if you're on a losing streak and increases your bets if you're on a winning streak. Oscar's Grind can actually work under these circumstances, though it's impossible to predict a type of streak and therefore unwise to rely on Oscar's Grind in the long run.
In order to win at blackjack tables fairly consistently it surely helps to know the blackjack strategy for your game variation (or at least basic strategy) and to stick with it. You may not win huge amounts of money, but the strategy will probably keep you at the table for a long time, which is a goal for a lot of people who play blackjack or other games. Playing blackjack is fun and the longer you stay at the table, soaking in the atmosphere and feeling the adrenaline flow, the longer you're entertained by the great card game.
How to Benefit from Oscar's Grind?
Oscar's Grind is one of the leading betting systems that has the most interesting name and probably the most complex rules to follow. How does Oscar's Grind work? This system is based on wins and losses, which 'rewards' wins; in other words, the Grind is considered a positive betting system. But it's a little more complicated than the average system (like Martingale) whereby you double your bet after a win and go back to your original bet size after a loss. Oscar's Grind is based on sequences or entire series of wins and losses.
You start off by betting a minimum bet, say $5, that is called 'one unit.' The goal of the system is to end up with a profit of one unit, thus ending a sequence (bet series). If you win your first hand/spin you stay at that one-unit bet of $5. In this case the sequence ends with an initial win and you start from the beginning. If you lose, you stick to the one-unit bet ($5). If you win after that, you double your bet. As long as you win, you keep increasing the size of your bet each hand/spin until you recoup all your losses and end up ahead by at least one unit of $5 and the betting sequence is over.
Oscar's Grind may be a bit hard to understand but it's one of the most conservative betting systems with a goal of small wins over a short period of time. There is a little chance of big losses, or big wins too. Note that like most betting systems, it won't leave you in the money in the long run. And like all blackjack systems, you should have a budget and a sober limit when you use Oscar's Grind on real money tables.
Know Your LimitNew types of blackjack betting systems have been developed in recent years, some even so 'top secret' that the user has to pay to find out more information. There are websites (you may find on google) claiming sure-proof long term winning systems for roulette and blackjack. In fact, they are all variations on the classic systems (Martingale, D'Alembert, Oscar's Grind, etc.). They are all either negative or positive (or a combination thereof) and, as in most systems, they recommend the player to stop betting after he/she reaches a pre-determined win or loss limit. Remember: no system can give you the edge on the long run because, in short, 'the roulette wheel has no memory' (cards has no memory) and every spin is (at least supposed to be) random. So, use your system(s) on the short run and set your limits. We thank the Wild Jack online casino for the review.
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