Oscar's Grind Blackjack

 
ryanp

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. Oscar's Grind is a popular betting system. It is generally played on even money bets with a specified winning goal. Like most betting system, it usually achieves this goal, but at the expense of a. The Oscar’s Grind progression betting system is one that has been successfully adapted to blackjack, although the system was originally designed for use at the game of craps. It is a positive progression system and is relatively simple as far as betting systems go. The creator of the Oscar’s Grind system was a craps player known only as Oscar. Anyone claiming that a particular betting strategy will make you a winner is incorrect. Flat bet, Negative Betting Progressions, Marringale, none will work!

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.
billryan
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I used a modified Oscar's Grind for years. I'm not sure how you'd ever get to $1,000 a hand unless you started at $100 and even then betting ten units is extremely unusual.
Because of doubles and splits, using a straight Oscar doesn't work on BJ.
I have no idea if my OG results were any better than flat betting did. I do know getting a BJ with a big bet out feels better than a minimum one, but in the long run means nothing.
ryanp
Thanks for the info. My thinking on this is this. Let's say that you start with $10 bets. Then you get on a losing streak somewhere. Each time you do get a win, you increase your bet by +1. But let's say that you get mostly losses and just a few spotty wins here and there. As a result, you get way, way in the negative. That will add up to your betting units being very significant after awhile as you never really get back to '0' or $10 won.
billryan

Oscar's Grind Blackjack Explained

How are your results if you were flat betting in the same scenario?
Blackjack
FleaStiff
With 'grind' in its name would anyone ever have fun doing it?????
Tanko
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...But let's say that you get mostly losses and just a few spotty wins here and there. As a result, you get way, way in the negative. That will add up to your betting units being very significant .....


OscarThat's exactly what happens when using OG.
Oscar, if he existed at all, used it when playing craps because the Pass Line and Don’t Pass bets win 49.3% of the time, vs only 47.5% for Blackjack using perfect basic strategy.
He started with a $1 unit, and said he never lost. If that is true, he didn’t play long enough.
Play long enough and the OG bet size grow to hundreds of units.
SystemI’ve done sims on WinCraps, where the bet size grew to more than 1,000 units.
Click the Games link above to try it.
ryanp

Oscar's Grind Blackjack Example

Probably you would lose far, far less in the long run. Oscar's Grind seems to be successful when you get on a long winning streak. Or if you get mostly wins with a few losses here and there. If you don't limit your highest bet, you probably will find yourself betting way, way more than you would normally bet.
ryanp
definitely true
Tanko
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If you don't limit your highest bet, you probably will find yourself betting way, way more than you would normally bet.


BettingIf you limit your highest bet, you are back to flat betting, but at a higher bet level.
This article was originally a post written by a member on the Gamblers Glen forum twelve years ago.
Instead of limiting bet size, the author preferred a loss limit.
At the time this was written, there were still a lot of low limit single deck games with liberal rules available for the author to play.
Try It Heremichael99000

Oscar's Grind Blackjack

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Oscar's Grind seems to be successful when you get on a long winning streak.


Most systems are.
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