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Wednesday, July 8, 2009

Betting System: The Oscar Grind


Gamblers believe that using betting systems can help them win more and put more money in their pockets, augmenting their winnings substantially. There are also non-believers that relies on a good basic strategy. But still there are millions of fans of various betting systems and Oscar's Grind is among the most popular of this betting systems.

Oscar Grind was created by a craps player describe only as Oscar. This betting system incorporates features from both the positive and negative progression systems.You can suffer much longer runs of losses without busting out than you can with a negative progression, since you don’t raise your bets after losses. Yet, a much shorter run of wins can get back your previous losses on a series, since you raise your bets following wins. It’s kind of brilliant, actually. Strings of losses hurt less, yet strings of wins pay more. In this system, the first bet in each series is one unit. The goal is to end up with a profit of one unit, thus ending a series. If you lose at any point, your bet remains the same until you return to a win. You would then continue to make your way up the series. Once your series is complete, you then start all over again at 1 betting unit.

This system is pretty basic. As long as the player sticks to the strategy, his chances of winning are greater. It is very important, however, that you have a win goal to aim for and a loss limit to observe. Ideally, your win goal should be half of what you buy in and your loss limit should correspond to ten unit bets.

The Oscar Grind Betting system can be used with all even money bets, including Baccarat, Craps, Roulette and Blackjack. Oscar's Grind is most advantageous if you're on a streak - hot or cold. This system will keep your bets low if you're on a losing streak and lets you increase your bets if you're on a winning streak. Oscar's Grind can actually work under these circumstances, though you have to remember that it's impossible to predict a streak and therefore unwise to rely on Oscar's Grind in the long run.

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