As I understand it, the point of the Oscar system is that you are covering your losses with your wins. So if a unit is $5, and I am down five units, I increase my bet by one unit after every win until I get to +$5 over the beginning of the series, or the original $5 bet that I lost.

What I dont understand is, if I go way down, like 8 units, and then have three wins I am now betting $20. If I lose that hand, if I understand the system correctly, I should continue betting at $20 until I win again, at which point I raise it to $25. If that is right, doesnt it make more sense that after a loss on a $20 bet, I should drop down at least one unit?

Any and all advice is helpful, thanks.