Hoyle's Press, aka Oscar's Grind: win or lose?

[googlino]

Hoyle's Press, aka Oscar's Grind: This system is designed to win one unit per series. Flat bet until you lose. Then continue to flat bet until a win. At that point, raise your bet one unit and bet at that level until you have recouped your loss plus one unit. It might go like this: 1-L. 1-L, 1-W, 2-W. Thus, you have won one unit from your intitial two unit loss and your series is over. This system looks good until you run into a spotty streak followed by a long losing streak. All of a sudden, you have a lot of money on the table and its going to take a looooonnnng winning streak to get it back.



but one person from spain getting money...This is true?
This person is scamer?

[link removed]

I don't know what happend.

[PierceNation]

Sounds like a classic Martingale idea. The video was 30 minutes long, could of quite easily had a lot of good luck/variance in that time.

Its a loser.

[Sonny]

Of course it's a scam. The guy posted some videos of winning sessions but didn't post any of the losing sessions. Oscar's Grind has the same weakness that every progression system has - it is based on the Gambler's Fallacy. The sticky threads have detailed explanations of this system and many other popular systems.

-Sonny-

[googlino]

Sonny can you help about blackjack how i can win from blackjack?

[NAP]

Originally Posted by googlino

Sonny can you help about blackjack how i can win from blackjack?

http://www.blackjackinfo.com/blackjack-school/

[Sonny]

Originally Posted by googlino

Sonny can you help about blackjack how i can win from blackjack?

Start with all the sticky threads in the Card Counting forum. Then try this:

http://www.blackjackinfo.com/bb/showthread.php?t=3995

-Sonny-

[tthree]

Originally Posted by PierceNation

Sounds like a classic Martingale idea. The video was 30 minutes long, could of quite easily had a lot of good luck/variance in that time.

Its a loser.

It is quite different from a martingale. It is best used to play for comps. Blackjack is a bad game for any kind of progression not based on the cards played. You lose 53% for the 47% you win. The bonus for blackjack, splits and doubles close the gap for your monetary lose percentage. Martingale raises your bet on a lose, Oscar raises his bet on a win. Oscar is content to play for an hour for his 1 unit win if that is what it takes, the martingale bettor wants one unit or BR suicide in about 8 hands. This about 8 hand run is all the table limits allow but Oscar can progress for hours without worrying about the table limit (he will need very deep pockets to do so). They both lose about the same way.

[Caesar]

There are at least two reasons why Oscar is not a good approach to blackjack. First, the goal of Oscar is to win exactly one unit. Doubling and splitting and blackjacks result in gains of half units or plus or minus two units. Second, the system is rather complicated and you really need a pen and paper at the table to keep track of it. Of course, you won't be allowed to use a pen and paper at the table.
You could do it in your head but it would be as hard as a simple count system!

[shadroch]

Originally Posted by Caesar

There are at least two reasons why Oscar is not a good approach to blackjack. First, the goal of Oscar is to win exactly one unit. Doubling and splitting and blackjacks result in gains of half units or plus or minus two units. Second, the system is rather complicated and you really need a pen and paper at the table to keep track of it. Of course, you won't be allowed to use a pen and paper at the table.
You could do it in your head but it would be as hard as a simple count system!

You are mistaken. The system is simplicity itself, and quite easy to keep track of. You can even do it with chips if you can't do it in your head.
The casino I use this wouldn't mind if you wrote it down, I suspect.
When playing for comps, its ideal that about 8% of hands will be a push. Over the course of a week, thats thousands of dollars worth of play at zero risk.
Its not a winning system, in itself, but team it with a good comp program and we have a bingo!

[Caesar]

Originally Posted by shadroch

You are mistaken. The system is simplicity itself, and quite easy to keep track of. You can even do it with chips if you can't do it in your head.
The casino I use this wouldn't mind if you wrote it down, I suspect.
When playing for comps, its ideal that about 8% of hands will be a push. Over the course of a week, thats thousands of dollars worth of play at zero risk.
Its not a winning system, in itself, but team it with a good comp program and we have a bingo!

What brick-and-mortar casino in the US allows players to sit at the blackjack tables with pencil and paper? You've got to be kidding.

If you're playing for comps, why not just flat bet?