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Object of Game
In Blackjack, to walk away from the table with more money than you started with, hopefully a lot more. Accomplished by beating the dealer consistently and not merely getting 21.
  
Oscar's Grind
A conservative win progression described by Allan Wilson on pages 246-248 of The Casino Gambler's Guide. After a loss, you repeat the bet. After a win, you bet whatever you need to show a total profit of one unit, subject to increasing your bet no more than one unit. Like all progressions, Oscar's system does not change the casino's edge.
  
Otoh
The acronym for On The Other Hand.
  
Ou
An abbreviation for over/under.
  
Over/Under (O/U)
Two side bets that can be made in blackjack. In the over bet, the player is wagering that his two card total will be less than 13. In the under bet, the player is wagering that his total will be more than 13. In either case, if the total is exactly 13 the player loses. Aces count as one in considering the card totals.
  
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