Oscar's Grind was initially designed for casino gambling and later became popular in betting. It is similar to martingale strategy and fits the bankroll management perfectly. Although the algorithm is simple for understanding the better should be attentive and should strictly follow its rules. The main principle of the betters using the strategy can be expressed as ‘not much but permanently’.
Like in many other financial schemes in case of Oscar's Grind usage the sum of the bet is calculated depending on the previous result.
The main goal of the scheme usage is in gaining a return after a sequence of bets. The amount of the required sum is calculated based on the amount of potential profit. In case of a loss the sum is left the same and in case of winning, one unit equal to the initial sum, is added to it. After the better gains the planned profit the cycle begins once again.
Suppose the bankroll is equal to $ 1,000 and the planned profit is $ 50. The sum of the initial bet is also $ 50.
The better makes a $50 wager on the event with odds of 2.0 and loses it. The next $50 bet with odds of 2.2 loses as well. The third bet of $50 and odds of 2.0 wins. As the previous step was a winning one $50 is added to the sum of the bet. In that manner the fourth bet will be equal to $100 and odds of is 2.1. If the better wins, the bankroll becomes $1,060 that is the planned profit is gained and the cycle is over.
The rules described below should be observed to gain profit while using Oscar's Grind:
Although the scheme is similar to other financial strategies, it has several own advantages.
Oscar's Grind list of disadvantages includes:
Summing up, Oscar's Grind is rather a safe scheme and allows to enlarge the bankroll. However, the better should strictly follow the set rules, choose the optimal wager size and be able to analyze sport events to increase the amount of winning sum and to win in general. The scheme fits a great number of kinds of sports including football, ice hockey, basketball, tennis, etc.