The Oscar Grind betting system is a popular betting system that can be applied to horse races and casino games like blackjack and especially roulette. It was invented in the late 1800s and is still widely used today.
This article will take you through the basics of how it works.
The system works on the idea that any time you have a bet that is even slightly favorable for the player, you should take it. Even if the player thinks they have a statistical edge, they should still take even money bets, because long term they will be making more money. Therefore, the system is named after Oscar Wilde.
The system is simple. It just means that you should take moneyline bets that are even money. If the line is -110, you bet $100 to win $100. If it’s +100, you bet $100 to win $200
For example, when betting on the Super Bowl, the spread will be anywhere from 3-9 points in favor of one team.
The Oscar Grind betting system works similarly, but it’s more complicated.
For example, let’s say you are betting on the Super Bowl. You pick New Orleans Saints to win the game +7.5. The spread is currently around +6.5 but has moved down after many people had taken the Saints at +7 on the line. The line is -110, so you must risk $110 to win $100.
Most people would not take this bet because they think they have the Saints’ number, and the Saints are within their 3-9 point “zone of victory.” However, if you apply the Oscar Grind betting system, you would take this bet.
The line is -110, but you are risking $110 to win $100 at 6.5 points. You would come out $10 if they lose by 6 or less. That’s a 10% return on your money.
Most of the time, you will make small wins like this. However, you will also make big wins (if your opponent is in your zone of victory). So over time, the Oscar Grind betting system gives more profit than taking even money bets.
The Oscar Grind betting system works well in horse racing. If you bet on a horse to win or place in a race, it is safer to bet this way. The odds will always be the same regardless of how many people are betting, and in most cases, they will not affect the betting line much.
It is important to remember that when betting Oscar Grind you take even money bets. If you bet $100 and win $110, then take that money and bet $110 again. You do not build any equity. You don’t stick around long enough to see if your system works.
When betting Oscar Grind you want to limit your risk as much as possible. If you are betting $10,000 on a horse to win or place, there is no point in taking very large bets. The biggest money line bet you should take is between +100 and -200. The money line is the amount of money it costs to win $100. If you are betting $100 to win $200, then you will need to bet $1,000 to come out ahead.
It is better to take bets that are closer together like +300 and +400. This way, your costs aren’t so astronomical, but you can still put some money on the game. If you bet only $2,000 on the game, you will make a profit if your horse wins or places. If it comes in third place or worse you lose all of that money.
The Oscar Grind betting system can be used to make money on all sports, not just horse racing and football. For example, you might want to bet +180 on a team that’s -350 or more against another team. The likelihood of this happening is slim, but the potential profit if it happened would be great. This is how Oscar Grind works, because you are risking $200 to win $100. If you lose the bet, then take another one!
The same idea applies to poker players too. If you are playing against a bad player and they have a lot of chips, bet big. The likelihood of them having a strong hand is low, but you can still make a decent return.
The Oscar Grind betting system is widely used by professional gamblers, and it’s an easy way to generate more money in the long run.
How much can I earn per hour using the oscar betting system?
For amateurs with a small bankroll, earning anywhere from $10 to $15 per hour is not unusual.
What size of bankroll is required for the oscar betting system?
A bankroll of $500 is enough for the oscar betting system. The oscar betting system is easy to use and you can have your bankroll back in a few minutes. It also doesn’t require a big bankroll because it uses insurance bets, which are normally used by professional blackjack players only. The insurance bets give the casino an edge over you, but with the oscar betting system they will be used to your advantage instead.
Can I use track the oscar betting system in Excel?
Yes, Excel or Google Sheets are perfect for this job. You can probably find templates to download online that are ready to go, just search for ‘oscar grind excel templates’ and choose the one you like the best.