Posts tagged Betting
Classic Betting Strategies – Oscar’s Grind
Apr 7th
According to legend, in the 1950’s a craps player named Oscar developed a progressive betting system for grinding out a small profit. And so, Oscar’s Grind was born. While the system yields only small profits, it has the nice feature of operating at low risk. You won’t win a gazillion dollars, but you won’t lose a fortune either.
Oscar’s Grind System will win one unit of profit per series of bets. To start playing you bet one unit. If you win, bet one unit again. When you lose, a series starts and you bet one unit a second time. Never increase the size of your bet after a loss, but every time you win increase your bet by one unit. However, any time if a bet would win and earn you more than one unit on the series, reduce your bet so that if it won, you would only win one unit. Although that sounds complicated, it’s not. Let’s take an example and see how easily it works.
Grab a pencil and paper and follow along with me. We’ll start with this series of wins and losses from my actual craps play (pass line bets only) at Caesar’s in Atlantic City. W, L, L, W, L, L, L, L, W, W, L, L, W, W, W, L, W, W. There are nine wins and nine losses, so this is not an unusual sequence. Using Oscar’s Grind we start by betting one unit and win, so we haven’t started a series yet. We bet one unit again. The bet loses, a series starts, and we bet one unit again. This bet loses, but our next bet of one unit wins, so we raise our bet to two units; it loses. The next three bets (each one two units) all lose, but the next two-unit bet wins so we bet three units, which also wins.
Let’s stop for a minute and see what our loss is so far for this series. Our results were: -1, -1, +1, -2, -2, -2, -2, +2, +3, which calculates to a net loss of four units. (I’m leaving out the very first bet we placed because a series didn’t begin until we got a loss.) Keep following along with me. Our next results are -4, -4, +4, +5 and now we have a loss of three units on the series. Our next bet calls for six units but if we won, our series would show more than one unit of profit; so we only bet four units. The bet wins.
This series is over. We won our one unit, and so we start a new series with a bet of one unit. It loses, but the next two bets of one unit both win. Notice I can’t bet two units after the first win because that would win me two units for the series, so I only bet one unit. Overall we show a win of two series, which works out to two units of profit, and we also won a unit for the very first bet before a series started. Three total. It’s not much, but it’s better than losing. Also notice that flat betting of nine wins and nine losses nets us exactly zero.
When using Oscar’s Grind be sure to record your bets and results on a piece of paper so you don’t lose track of what you are doing. Even if you go to a land-based casino, don’t be intimidated, take a pencil and paper with you and write everything down. You must stay with the system once you start; set limits for the amount you want to win, and the amount you are willing to lose. Once set, stick to those limits.
Visit my website to look at some other systems you can use for your favorite casino games.
Joseph Starr (pen name) completed his formal education when he earned a Ph.D. in Finance and Accounting. He taught business, economics, and computer subjects at the college level for thirty years and is now retired. Visit his website to read about popular gambler’s aids to help you win at the casinos.
5 Winning Tips on Betting Exchange Casino – Betting Exchange Darts
Mar 28th
Playing Darts online is one of the funniest online casino games to play. If you are really a tough contender, then perhaps you know the real pleasure of hitting the bull’s-eye. You can greatly improve your dart play. In addition, by doing so, you guarantee lots of fun and profit.
Effective Tips:
Below discussed are some of the effective tips, which can be useful in gaining desired profit at Betting exchange Darts.
1.) Practice: It is the most important thing that is crucial for winning at Betting exchange Darts. As like any other online games, practicing Darts online is an ideal way to become acquainted with this game. This will eventually helps in gaining more profits. Once you practice and learn the ins and outs of the game, nobody can stop you from winning at Betting exchange Darts.
2.) Be Observant:First, understand the dartboard outline. If you really want to win at Betting exchange Darts, it is necessary to be a careful observant. This means, you need to watch other players closely, while in action. When you spot somebody, who plays extraordinarily well, then spend few minutes with that particular player to know how he or she applies the techniques to win at Betting exchange Darts.
3.) Dart league:It is always advisable to join a dart league, through the help of which you may watch many effective players, who are winning at Betting exchange Darts constantly. In addition, you can also chat with such veteran players and ask them to review your techniques. These players certainly offer you with valuable tips and advice on how to win at Betting exchange Darts.
4.) Books: You have various books written on effective play at Betting exchange Darts, through which you can know different techniques, styles and games of playing online Betting exchange Darts. This may help you in becoming wise at playing Betting exchange Darts.
5.) Alter your play: Yes, it is a wise idea to change your games frequently. If you constantly spend your time and money at one dartboard aiming for the bull’s-eye, your skills will significantly lack in other fields of the game. Most of these games entail targeting for different points on the dartboard rather than just hitting at the dead centre. In addition, you are also less likely to become bored, if you play different types of dart games.
Certainly, playing darts is an excellent leisure game, which you may play for fun as well as for money.
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