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



Smart Gambler's Calculator for Windows 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: 122 KB | Platform: Win2000, WinOther
Released Date: 16-6-2009 | Rating: 0 | Title: Smart Gambler's Calculator for Windows OS

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

More downloads from Smart Gambler's Calculator for Windows 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 Windows OS keywords:
Smart Gambler's Calculator for Windows OS related downloads:

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

Smart Tip for Windows 8 - Smart Tip for Windows 8 is a tip calculator designed to assist you when you need to divide the check to multiple persons and include the tip.

Bitly URL Shortener for Windows 8 - Bitly URL Shortener for Windows 8 is a handy and reliable application designed to shorten long URL addresses via the bit.

Photo Inspiration for Windows 8 - Photo Inspiration for Windows 8 is an innovative application that includes a rich set of awesome wallpapers and photos.

My Week for Windows 8 - My Week for Windows 8 is a handy and reliable application aimed at students for a better course scheduling.

Shareware Connection periodically updates pricing and software information of 'Smart Gambler's Calculator for Windows 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 Windows OS' crack, password, serial numbers, registration codes, key generators is illegal and prevent future development of Smart Gambler's Calculator for Windows OS.

New Reviews

SnapCrab - Nearly every PC users need to take screenshots from time to time, whether it is for personal or professional needs. While using the basic Windows screenshot capture method is available, it is not adequate for everyone. When you want to capture ...

SeaMonkey, Portable Edition - Using the Internet has become a necessity for a majority of people, including those who do not use a PC regularly. To browse web, stream video or download online content, people often resort to using various third party apps. For example, using ...

Menu Uninstaller Ultra - For every Windows user it becomes necessary to remove some programs after prolonged usage. It can be necessary to free up disk space or the app may not simply suit the needs any more. Whatever is the reason, you need to uninstall third party apps ...

Skitch - Skitch is a user friendly and lightweight image capturing app for OS X that has been in the scene for quite some time. After its purchase by Evernote, the nifty Mac screen-capture tool has undergone some changes. You can still perform tasks with ...

Magican Monitor - Macs are famous for their superb stability and ease at multitasking. That explains why they enjoy a steady and growing user base, the steep price tag notwithstanding. However, prolonged usage can make even the most powerful iMac or Macbook ...

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 ...

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. ...

LastPass - Nearly every computer and internet users need to deal with a lot of passwords and this number only goes up with time! Remembering so many passwords becomes tedious with time and that can add to inconvenience. While you can assign the task of ...

Roboscan Internet Security Free - Owing to incessant onslaught of various web based and other malware, it is not possible to keep your PC secured unless you use a capable system security suite. As a matter of fact, it is better to use feature- rich Internet security software than ...

Bitcasa - The way computing technology evolves is quite amazing. Even a few years back data backup was limited mostly to external hard drives and DVDs. However, the proliferation of high speed internet access and emergence of cloud storage services have ...




New Downloads

Lotto Logic Lottery
Software

Lottery Software Lotto Logic
tracks lotto history, then
processes it through range
finder and range tracker
technology. ...

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.

Ping Pong

Game "Ping Pong" represents a
three-dimensional simulator of
one-nominal sports game.
Besides usual and pair game,
there ...

Falco Cosmo Hero

Our brave hero explores the
cosmos, encountering evil
aliens and monsters along the
way. Deal with these creatures
while ...

A Bugs Defense

Lucy's house is infested with
bugs all over the house. She
needs someone to help her kill
the bugs coming to invade her
...

SquirrelCatcher

You are a squirrel whose skill
is well known in the
forest.You must face a skill
game organised by your
friends.Catch all ...

Redd Mobile

The explorer Redd journeys
through dark and dangerous
ruins to obtain riches.
Equipped with only a torch,
you will dodge ...

Fusion Invasion

Welcome to Fusion Invasion
where you invade planets,
moons or locations around you
and tell your friends all
about ...

iBomber Defense

The world of iBomber has got
bigger and better! iBomber
Defense combines classic tower
defense gameplay with the
intense ...

Own This World

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

HiddenIcy

HiddenIcy is a HIT strategy
game on
smartphone.*******************
******************************
The goal is to find Icy ...

Hit the picture

The game is about hit a
picture from your album
gallery when it disappears,
the picture selected is
animated and the time ...