Oscar's Grind - HitorStand Blackjack Message Board Hedonist October 2007 Am trying to establish how Oscar's G wld function if played within limits as suggested, being one of the best systems around. Oscar System Blackjack – Summary From all the methods we reviewed here on Online Blackjack Explorer, Oscar’s Grind system is definitely the most promising and the only one that can, unlike Martingale, work on a long run (or a long series of short runs). In my continued look at FREE betting systems, my next one shall be Oscar's Grind.Please click the link for an introduction and the rules, for now. At this point I'd like to throw it open for general comments on Oscar's Grind, like reason one might use it, user experience, pros & cons, and any comments on my page.
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.
Aug 26, 2017 Any thoughts on whether or not one should use Oscar's Grind while playing Blackjack? Is a good way of making extra money in the short run. However, in the long run, it seems as though it could possibly lead you to financial disaster if you end up betting, say $1,000 per hand.
I have won tens of thousands of dollars with this system in the past. Because of its conservative nature, you won’t ever “hit the jackpot”. But, your losses will also be minimized if the cards, dice, or wheel are not favorable.
Properly managed, it wins many more table sessions than it loses. It often wins even when losing bets outnumber winning ones. It works most satisfactorily when the betting unit is not more than 2 or 3 percent of the sum that the player is prepared to lose at the particular table session.
Thus, a $5 betting unit should be backed by a readily available fund of not less than $250.
As usual, the player should be content to discontinue the session when winnings are half or less of the allotted capital.
The $5 betting unit would call for a stop-gain limit of $100 or $125.
The celebrated gambling mathematician, Dr. Allan N. Wilson, introduced the system in his immensely informative book, “The Casino Gambler’s Guide”.
Wilson reported that Julian Braun, the foremost computer analyst of gambling probabilities, had found that a player who used the system on even-money Craps wagers with a betting unit of $1 would risk reaching a $500 house limit no more often than once in 4,250 sessions.
It stands to reason that someone whose own loss limit is considerably short of the house’s maximum bet would be quite secure. And that is how this system seems to work out in real life. When making $10 bets with a stop-loss of $400 and quitting when $200 ahead, I have paid — thanks to Oscar — for more than one trip to Caribbean and Nevada casinos. I win about three sessions in every four.
The originator of the system, a weekend Craps shooter, undescribed except as Oscar, told Wilson that he had never left Las Vegas as anything but a winner. The probability was enormous that he would lose someday and that the average loss (as Julian Braun found) would be upward of $13,000 when bucking a $500 house limit. But as I keep saying, no reason exists to play that way. Personal stop-loss and stop-gain are powerful allies.
Enough of this suspense. The system probably is an off-shoot of the D’Alembert. The goal of each series of bets is a profit of one betting unit. When that profit is in hand, the player pockets the chip and begins a new series. When the number of pocketed chips equals the prescribed limit on a gain, the player cashes in and takes a recess.
The first bet in each series is one unit.
If it loses, the next bet is also one unit and the player notes that a loss will now bring the deficit of the series to two units. After a loss, the next bet is always the same size as the bet just lost.
When a series is losing, the proceeds of a successful bet are not pocketed but the next bet is increased by one unit.
No bet ever is larger than may be necessary to end a series with a profit of one unit.
To illustrate, the player loses the first five bets in a series and is now five units behind.
The next bet of one unit wins, leaving the series four down.
There is a continuation for the Oscar’s Grind Betting System for Blackjack. Hope you like it!
With the Oscar’s Grind betting system the player begins with a single unit-if that hand is won, the player has turned a one-unit profit, and the series ends.
If the player loses a hand, the wager remains the same until another hand is won, at which point it’s increased by one unit. This continues until the player winds enough hands to recoup all previous losses, and come out one unit ahead, at which point the next hand is considered the beginning of a new series.
Here is an example of a series that persists for a dozen hands
# | Bet | Result | Balance |
---|---|---|---|
1 | 1 | LOSS | -1 |
2 | 1 | LOSS | -2 |
3 | 1 | LOSS | -3 |
4 | 1 | WIN | -2 |
5 | 2 | WIN | 0 |
6 | 3 | LOSS | -3 |
7 | 3 | LOSS | -6 |
8 | 3 | WIN | -3 |
9 | 4 | LOSS | -4 |
10 | 4 | LOSS | -8 |
11 | 4 | WIN | -4 |
12 | 5 | WIN | +1 |
In this sequence, the player wins 5 out of 12 hands – slightly less than the expected average – but concludes the sequence with a one-unit gain. The consistent-wager player would have emerged at a net loss of two units, and the Martingale player would have emerged with a net gain of five but would have been required to bet as many as eight units on a single hand.
And this sums up the Oscar’s Grind Betting System. It’s a lot easier than it looks.
See our full in-depth article on the Oscars Grind System Parts 1-3 here