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
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
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.
Car race
Texas Calculatem
Animation Puzzle
Ball Lines
Contra World Challenge II
Starship Ranger Free
Staries
All-Time Darts
Water Jars
Slot Safari
4 In 1 Row (Treo 600, Zire, Tungsten)
Homemade Greeting Cards
Free Solitaire 3D
Absolute Evil
Adventure & RPG
Arcade
Board Games
Cards, Casino & Lottery
Educational
Fantasy Games
Game Guides
Kids
Patches & Updates
Personal Tech Solutions
Puzzles
Simulations
Sports
Strategy & War
How Reset Smart Parameters
Raid Smart Parameters
Change Smart Parameters
Clear Smart Parameters
Hdd Smart Parameters Erase
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.
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 ...


