shadroch said:
Okay,Scott.
Explain to me the dangers of Oscars Grind,modified as I describe..
I thought you were an AP man!
I would love to explain the dangers of Oscars grind, modified as in your original post.
A quick easy response would be, win/loss limits do NOTHING to change the EV of the game! By modifying the system to use stop/win points does not change the fact that the system is -EV.
I forgot all the details of how oscar's grind works, but that is irrelevant. You cannot overcome the house edge by ONLY changing your bets. You have to get some extra information, for example counting in BJ.
You talked about using it on roulette. Oscar's grind has you change your bets according to whether or not you win or lose the last hand/spin. Well, what does winning or losing the spin on the roulette wheel have ANYTHING to do with the next spin? Whether or not you won or lose the last spin has NOTHING to do with your next spin, so your increased bet is still at the same house advantage.
If you are going to kill time and play roulette, you are better off flat-betting the minimum rather than playing Oscar's Grind. By increasing your bets as you do in OG, you are betting more money at a disadvantage, thus losing more money per hour. You will have more winning sessions with OG, but in the long run you will lose MORE money than just flat betting.
So there IS a problem with Oscar's Grind, whether you modify it or not. So if you insist on playing roulette to kill time, flat bettting the minimum is your best option.
Now you have always been right on top of attacking my posts, and I have noticed that for a while now, but I am still nice enough to give you good advice! I am such a nice guy...