Oscars Grind? Considering givin it a shot

[eatenbyalgae]

Hi, im new here... and new to gambling.

I want to try Oscars grind, but wanted to know what you guys thought about it.

Im not looking for a get rich quick scheme... but just want to try to play blackjack without losing my whole cash roll right away.

At this casino they have a blackjack table that is 5-500, and a roulette machine that is min bet 1 and max bet 240

how much of a bankroll would i need for BJ, to cover Oscars grind... and how much would i need for roulette?

And from your experiences... i know Oscars Grind will ultimately result in a loss of thousands... but in the long run, do the gains exceed the occasional loss?

thank you guys for your time

[eatenbyalgae]

And thinking about the roulette... that is 240 units to see it through... is that better than the 100 units otherwise?

[Kasi]

Originally Posted by eatenbyalgae

how much of a bankroll would i need for BJ, to cover Oscars grind... and how much would i need for roulette?

And from your experiences... i know Oscars Grind will ultimately result in a loss of thousands... but in the long run, do the gains exceed the occasional loss?

Don't use Oscar with BJ - it's desigened for an even-money game.

How much money you willing to risk?

Is the roulette single or double zero? Is there a $1 crap game?

[FLASH1296]

Firstly, you asked "in the long run, do the gains exceed the occasional loss?"

The answer to that is an absolute NO. It is not debatable.

With this "grind" you can generally win some modest amount of money on any given session. BUT you can rest assured that there is a 100% chance that you will be "crushed" from time to time - and that happens more often than you imagine.

Do not attempt to play BlackJack with "Oscar's Grind". You cannot win close enough to 50% of your hands to make BJ a good choice. Similarly Roulette, especially American Roulette is also a poor choice, as you'll win considerably less than 50% of your spins. 47% in fact. Crap's Pass or Don't Pass is a good choice. The best choice is the only bet in the house that wins more than 50% of the time. That is the "BANK" bet at a mini-baccarat table You will pay a 5% commission on winning BANK bets but you will not often wind up "tapped-out", as winning about 52% of BANK bets is your expectation. The commissions will add up and may actually cancel out some wins - but the important short term goal is simply not going "broke" as you grind-out some modest wins.

Incidentally, if you wish to use "Oscar's Grind" you must be forewarned of the following. You can take your chances and play it for a limited time with a pre-determined goal such as winning 10 or 20 units. IF you think thatyou can do this for "hours on end" you will probably "tap-out" far sooner than you think.

Forewarned is Forearmed.

[Thunder]

While you will get crushed in the long run using Oscar's grind, I know I've used it with BJ when I'm tired of counting or need cover. If you're playing at a $5 table I suggest you bet in $5 increments with it and you will realistically need a $400 bankroll assuming you use a $200 stop loss. If you decide to start out at $10 and use $10 increments then you should carry at least a $800 bankroll with a $400 stop loss. Be warned though, this is not for the faint hearted as your bets will get pretty high in a losing streak. Just remember, there is no substitute for card counting.

[shadroch]

This seems like as good a place as any to post this.

I'm in the middle of a lengthy Oscars Grind experiment,playing only BJ. Roughly a third of it has been in casinos playing real machines, the rest playing on a few internet sites. The rules-$1 minimum bet, 6decks, DAO,DAS,
Split Aces once,Dealer hits soft 17. Penetration is meaningless as I'm not counting.
Sessions start with $100 BR, end with either a $25 win, a $100 loss or in the real casino, a two hour session.
Real casino results- 32 sessions, not a single losing one. Net gain of just over $400. Problem is its taken over 40 hours of real time play.
Online sessions- 115 winning sessions for $2875, 7 losing $700 totlal, leaving me an online paper profit of $2100.
My biggest problem is that there are no $1 BJ machines of the sort I want anywhere local, and my real profits are dwarfed by my real expenses.
The reality is you will get crushed on rare occasion. It doesn't happen very often, at all. But it could just as easily happen your first time out as your 50th time out.
One other thing, playing video BJ at $1 a hand gets you next to nothing in comps, even on triple point days.

[Thunder]

Shadroch,
If you do it in the casinos at the $5 tables, using $5 as your starting bet, you should be able to average about $50/hr. I haven't had a losing session yet and have been stopped out only once. I would estimate I've used it for a total of oh maybe 17 hours altogether now.

[sagefr0g]

Originally Posted by shadroch

.....
One other thing, playing video BJ at $1 a hand gets you next to nothing in comps, even on triple point days.

just curious shad, is this the video BJ that only pays 2 for 1 as opposed to 3/2 for snappers?

[shadroch]

No, these are the machines with the simulated dealers that play and pay like real tables.

[shadroch]

Originally Posted by shadroch

No, these are the machines with the simulated dealers that play and pay like real tables.

The video BJ machines that pay even money are a good source for comps on double or triple point days. Still doesn't make them a good game, though.