Examining the Oscar's Grind Sports Betting System
Oscar's Grind betting system is a theory was first used in casinos when betting on roulette. Sports fans have since then adopted it, and still some use it for betting on games in hopes to beat the sportsbooks.
The purpose of this technique is to minimize the player’s losses in the long run. The algorithm of actions does not allow players to lose their heads in the event of a series of defeats, because the amount of the bet on the loss remains the same.
If a series of wins occurs, the bet is increased, which contributes to maximum profit during this period. This is similar to other strategies that we have seen in our betting school, but with Oscar's Grind betting system there are some differences in the rules of the strategy.
The Basic Rules of Oscar's Grind Betting System
When following along and preparing to put Oscar's Grinds betting system into practice, there are some rules that must be followed to better your chances of succes. This includes how much you will wager and which bet selections to include.
- It is recommended that you divide the bankroll into 10 equal bets
- If you lose, the size of the next bet will not change.
- If you win, the stake for the next bet doubles
- The odds should be 2.0 (+100) or higher
- The cycle ends if the net profit is larger or equal to the size of the first bet
Consider the following example:
Let's say we have a bankroll of $1000. Now we need to divide this bank into 10 equal bets, respectively, the rate for the first bet will be $100.
For the convenience of conducting mathematical calculations, we have chosen fixed odds at 2.00 (+100).
|Bet||Size of Bet||Result||Bankroll|
|1||100||Loss||1000 – 100 = 900|
|2||100||Win||900 + (100 х 2.0) = 1100|
|3||200||Loss||1100 – 200 = 900|
|4||200||Loss||900 – 200 = 700|
|5||200||Win||700 + (200 х 2.00) = 1100|
|6||200||Win||1100 + (400 х 2.00) = 1900|
Based on the table, we can see that after the 6th step (3 losses and 3 wins) the size of the player's bankroll was $1900, after he received a profit after the 5th step. Of course, this does not mean that the game always turns out this way: you can of course have more or less wins than in the example.
Additional Advice for Oscar's Grind Betting System
Oscar's Grind's betting system is available to be used, but it is undesirable to use it in the long term, as odds are used above 2.00 (+100), and therefore the probability of getting into a protracted hustle is quite high.
In the short term, the strategy can bring profit, but it requires careful analysis of the bets included.
Check out more ways to beat the sportsbooks: