Oscar's Grind Blackjack
- 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.
- 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.
- 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 in Blackjack Oscar's Grind may seem like a good staking plan for Blackjack if you're a disciplined player who only bets the same amount on each hand. However, using this system really inhibits your play in an unnecessary way.
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.
Oscar's Grind Blackjack Example
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 |
Oscar's Grind Blackjack Betting System
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