Home > By category > Games >Virtual Pets > Smart Gambler's Calculator for Palm OS



Smart Gambler's Calculator for Palm OS

  • Downloads: 
  • Views: 
  • Rating:

Smart Gambler's Calculator allows one to calculate the main parameters for fixed-size and fixed-fraction betting.The main input parameters are grouped into several groups. The first group contains data about the properties of a single bet: probability of winning the bet, and the payoff (prize-to-bet ratio). The second group contains parameters of the gambler's "comfort zone": bankroll, number of games to play (or number of bets to place), and desired profit or prize-to-win in these games/bets.The calculator shows the expected value (profit/lose in the long run) and standard deviation (variability) of this gambling or investment opportunity.For the fixed bet, the probabilities of reaching the goal and of losing the bankroll are calculated.For the fixed-fraction betting strategy, the optimal fraction (percentage) of bankroll is determined.In contrast to Kelly's system, in which it is assumed that a player is a risk-averse person (so not a gambler) and which is applicable only to games with positive expected values, this system has none of these restrictions. The optimality is determined in the following way. First of all, the optimal fixed-fraction bet should minimize the probability of ruin. In theory, if money were "infinitely divisible," the probability of ruin in fixed-fraction betting is zero. The second objective/criterion is to maximize the probability of reaching the established goal, and the third objective/criterion is to maximize the expected value of the player's bankroll, subject to restrictions set by the previous criteria.. smart tools for smart people,affiliate program management, software, mlm, viral marketing, risk, bond, idea, poker, blackjack, forex, calculator, car, women, health, troubleshooter, password, dynamical. smart,tools for smart people

Free download from Shareware Connection - Smart Gambler's Calculator allows one to calculate the main parameters for fixed

Publisher: AdvMathAppl | License: Freeware | Price: 0.00
Version: 1.0 | Size: 90 KB | Platform: Win2000, WinOther
Released Date: 18-10-2009 | Rating: 0 | Title: Smart Gambler's Calculator for Palm OS

Author Url: http://www.advmathappl.com
Program Info Url: http://www.advmathappl.com
Download Url: http://www.advmathappl.com/sgcpalm.zip

More downloads from Smart Gambler's Calculator for Palm OS publisher AdvMathAppl:

Car Troubleshooter (Windows OS) - Car Troubleshooter is a mini-expert system. It allows finding of the causes of a car's problems in a few minutes by means of answering a set of yes/no questions.

Texas Hold'em Calculator (Win OS) - This program calculate preflop odds and bets to win in poker - Texas Hold'em.

Simple Risk Calculator - Simple risk calculator calculates a set of risk measures, such as VaR, CVaR, dispersions, and risk eward ratios. The calculator is useful for decision making, risk engineering, risk measurement, and risk management tasks.

Forex Arbitrage Calculator - Forex Arbitrage Calculator allows to determine risk free arbitrage opportunities

Affiliate Program Manager - APM- affiliate/viral marketing management software.

Smart Gambler's Calculator for Palm OS keywords:
Smart Gambler's Calculator for Palm OS related downloads:

ASPX Affiliate Program ASP.NET Script - Advanced Affiliate Program ASP.NET (2.0 vb) Script with multi-level 10 tiers

Loan/Mortgage Refinance Calculator - Loan/Mortgage Calculator calculates payments and amortization schedule to refina

Texas Hold'em Calculator (Win OS) - This program calculate preflop odds and bets to win in poker - Texas Hold'em.

Lottery Player's Assistant - Play in a lotto with more fun and profit

Calculator by Less-Mess - Calculator that produces a virtual proof tape. Entries can be annotated, edited, deleted, inserted and rows can be moved. Files can be named, saved, copied, deleted, printed and inserted into other programs + full equation and function capabilities

Shareware Connection periodically updates pricing and software information of 'Smart Gambler's Calculator for Palm OS' from company source 'AdvMathAppl' , so some information may be slightly out-of-date. You should confirm all information before relying on it. Software piracy is theft,  Using 'Smart Gambler's Calculator for Palm OS' crack, password, serial numbers, registration codes, key generators is illegal and prevent future development of Smart Gambler's Calculator for Palm OS.

New Reviews

RawTherapee - There are so many image editors out there but when it comes to powerful and versatile RAW file editors, the choices are somewhat limited. With Adobe switching to Cloud-based subscriptions for most of its apps, semiprofessional users including ...

Plants vs. Zombies 2 - These days there are lot of tower defense games on offer. Coming from the stable of Electronics Arts, which is one of the leading companies in the gaming arena, Plant vs. Zombies is a decent game particularly if you are interested in garden ...

HDD Guardian - No matter how costly a desktop or laptop is, it is necessary to keep a tab on its hardware components. While you can spot signs and symptoms of hardware malfunction and impending failure in some instances, some mishaps may just strike you out of ...

Xvirus Personal Guard - Nowadays, it is quite risky to use a computer without having suitable security suite or antivirus installed in it. Your computer’s security can be breached any moment without a suitable antivirus or Internet security software. There are so ...

PC DeCrapifier - There is hardly any computer user who does not want to keep the PC running at top speed. However, unnecessary software and bloatware can reduce the speed and performance of your PC. Such Apps often come pre installed with laptops and desktops. ...

Machete Video Editor Lite 3.8 build - Average PC users are no longer strangers to video file handling and editing. There are so many sources from where you acquire video files, as it is. You also need to deal with video clips acquired from cameras and smart phones. At times, you may ...

HWiNFO32 - While Windows ships with its inbuilt utilities and there are command prompts to diagnose hardware and software components, these may not be feasible for all users. To learn about exact hardware and software configuration in a computer, either ...

LazPaint Portable - When it comes to choosing a suitable image editor, PC users are bombarded with options! There are a huge number of apps and some of them cost a lot. If you are looking for a freeware image editor that offers decent image editing features and ...

Groovy Media Player - There is hardly any PC user who does not listen to music while working on PC or at leisure time. For media playback on Windows PC, there are so many apps. You can opt for default WMP that comes with the OS. However, there are several other third ...

Nero Kwik Media - Nero is known mostly for its legendary disc burning software that has metamorphosed into a media editing powerhouse over a decade. The multimedia suite offered by the company caters to needs of intermediate and advanced users well but its price ...




New Downloads

2Mushrooms

The goal of 2Mushrooms is to
find all mushrooms with
maximum points. You points are
decriased after any click on
not ...

Arcanoid Cool Mod

A.R.C.A.N.O.I.D. COOL MOD This
game is one of the many
variants of Arkanoid designed
by ALGAMES.

Starcrystal Arkanoid

Starcrystal Arkanoid is a
dynamic and exciting breakout
game filled with beautiful
special effects such as
explosions of ...

Chicken Invaders 5 Mac

Chicken Invaders puts you at
the forefront of a battle
against invading intergalactic
chickens, bent on revenge for
our ...

Last Conundrum of Da Vinci
Deluxe

3D logic/puzzle board game.
Complete 67 levels of the
ancient mechanical conundrum
of the world wide known
greatest ...

Graphic Combat

You are in your castle.
Oponent kingdom is too near...
It's time to expand
frontiers... It's time for
WAR. Create your ...

Warp TD

Descend into the world of Warp
TD, an entertaining tower
defense game exclusively for
Windows Phone 7. Warp TD
includes a ...

Pairanoia Premium

Pairanoia from Beautiful Mind
Games is an addictive strategy
game in the tradition of
Qwirkle, Rummikub, and
Scrabble. It ...

Cube Companion

** Update 1.3 **- New Items-
Performance Improvement-
Swatted some more Bugs- Thanks
for the pumpkin (Jordon Lovik:
...

EscapeFromGarden

You can help a poor
caterpillar from escaping a
dangerous garden.The garderner
planted poisonous flowers the
caterpillar ...

StorageWarfarePhone

Have you ever heard of a
Storage Auction? Well Storage
Auctions are modern day
treasure hunts. In Storage
Warfare, you ...

Own This World

Often described as *Real life
meets RISK*Battle for your own
neighbourhood as you nuke,
blitz and propaganda your way
to ...