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Prev page: OSCAR'S GRIND - The Positive Way
MONEY MANAGEMENT
OSCAR'S GRIND - The Negative Way
OSCAR'S GRIND (or Hoyle's Press) is a Money Management system, a pen-and-paper accounting system. You need pen
and paper for this one but that is OK with most casinos. Some will only let you use their score-cards
but that doesn't matter, as long as it is a piece of paper...
It is easy to learn and to use and the goal for each session is to win exactly one unit (initial bet),
like the MARTINGALE system. This can be achieved very quickly
- one spin - or it may take ages (and, as usual, may ruin your Bankroll).
The way it works is like this:
#1: Whenever you LOSE, you raise your bet one unit
#2: Whenever you WIN...
#2A: If your net loss for the session is less than your last bet, you lower the bet
to one more than your loss. If you won 7 at the last spin, but you are still down
by 2 units for the session, your next bet will be 3 units - one more than you are down.
#2B: In all other situations you bet the same bet again
This way, the net result for the session will, eventually, be exactly ONE positive unit / initial bet,
and that result ends the session.
(Whops! Forgot to say: ...eventually, if there is no limit to your bankroll or at the table... sorry)
What you will notice, using this system, is that when a session has been going on for some spins (you are down)
and you come into a Win - Lose - Win - Lose...-sequence, the only thing happening is that you increase the bets
in a dangerous way, risking more and more. To win one single starting bet...
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Let's try it... (Casino Baden, Austria, June 26th 1996, 2:57 pm)
Betting RED
Columns:
Sp: Spin
Bet: Number of units bet
Nr: Winning number
Rst: Net result of the bet
STot: Running Session Total
GTot: Running Grand Total
Sp Bet Nr Rst STot GTot
------------------------
1 1 26 -1 -1 Bet 1. Lose. Next bet (raise 1) 2
2 2 30 +2 +1 +1 Win. Sess tot = +1: Session ends
3 1 4 -1 -1 Bet 1. Lose. Next bet (raise 1) 2
4 2 4 -2 -3 Lose. N bet (raise 1) 3
5 3 16 +3 0 Win. N bet 0 + 1 = 1 (Sess tot = 0)
6 1 8 -1 -1 Lose. N bet (raise 1) 2
7 2 19 +2 +1 +2 Win. Sess tot = +1: Session ends
8 1 18 +1 +1 +3 Bet 1. Win. Sess tot = +1
9 1 10 -1 -1 Bet 1. Lose. Next bet (raise 1) 2
10 2 26 -2 -3
11 3 0 -3 -6 Zero!
12 4 32 +4 -2 Win. N bet 2 + 1 = 3 (Sess tot = -2)
13 3 23 +3 +1 +4 Win. Sess tot = +1
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Looking good! And this goes on... at spin 194 our Grand Bankroll is +61 units! Another session starts...
But hey! What's happening? Eleven spins later we're down 44 for the session and must bet another ten... OK, we can
afford it... Now wait! After 28 spins more we're down another 67 (111 down for the session) and are supposed to bet 19
units... Our Grand Bankroll is down 69 units (incl the bet). Sorry to say, before the night ends we have been down 892
units, plus another 66 units bet, and walk away at closing-time
with a total loss of 512 (-573 for the session and last bet was 85 u)! Click for the complete day (2nd browser)
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But how could this happen? When having a streak of some lossess, some wins, some losses etc., you
will find that the bet is steadily increasing and so, when the losses are dominant, you have to
make high bets thus risking to lose much and quick. That is exactly what happened; have a look at the last
50 spins in the file (above). We actually work our way up from -892 units to -243, but while doing that
we have increased the bets from 65 to 81! And so; in the last six spins - four losses,
one win and another loss - we again lose and this time 330 units, an average of 55 per spin!
Now, the goal of this system is to win one unit per session. We have lost 573 in one session, so there is a need
for some 500 uninterrupted winning sessions here...
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What about Black? If the bets are all on Black, we must win because Red lose!
Yes, we won. We had 114 winning sessions before the last one, that ended in -27 after
45 spins, when the table closed. To sum up; we lost 573 on Red and 27 on Black while we won
61 on Red and 114 on Black - giving the net result of minus 425 units...
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