In the 60's, Wilson met a gambler named Oscar, who presented him with records of consistent profits using his unique betting system. After examining the records, they did indeed show consistent profits. Oscar had a huge bank account and the balls to put it all on the line for a one-unit-per-cycle win. But you know what? It worked!
So Allan Wilson decided to run 280,000 sequence simulations. The results? It is not impossible to have a profit after 280,000 hands of play, using Oscar's betting system. That is a crazy number or hands! A typical blackjack sitting is only a few hundred to 1000 hands (unless you're like me, Mr. Gamblore).
But remember, all betting systems are for short term profits. Without further ado, here is how the system works.
The Oscar Grind Betting System
You start by betting one unit on an even-money bet. If you win, there is no sequence and you start at one unit again. If you lose, then your next bet will be of the same size as the one you just lost. If you win, then your next bet is one unit larger than the previous bet. When winning you will continue to increase the size of the bet with one unit until the whole sequence gives a profit of one unit or more. At this point, you will bet just enough to give you an accumulated profit of one unit.
This system is pretty damn conservative but it is also the least volatile of any other blackjack betting strategy. It is my also my favorite by far, and I have definitely made a mountain of cash using it. Just remember to get out while you are ahead!
