Smart Gambler's Calculator for Pocket PC - 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.
Like it? Share with your friends!
If you got an error while installing Themes, Software or Games, please, read FAQ.
Supported operating systems:
Pocket PC 2002, Windows Mobile 2003, Windows Mobile 5.0
Similar Software:
YanCEyWare Tangrams Puzzle Pack 2 YanCEyWare Tangrams Puzzle Pack 2 - This is expansion Puzzle Pack 2 for use with YanCEyWare Tangrams. This puzzle pack contains 100 additional puzzles. Please note that there is nothing to install with this purchase. The puzzle packs are installed as part of the YanCEyWare Tangrams freeware installation
PDAmill Lawn Chair PDAmill Lawn Chair - Lawn Chair is a simple application which can help you increase your Windows Mobile game-playing experience in a natural and organic way, helping you contribute to a sustainable development of the cosmic spirit, body and mind!
To us, playing Windows Mobile Games is not a burden
Texas Hold Em Odds Calculator Texas Hold Em Odds Calculator - Calculating odds is essitial to becoming a winning poker player. With this program, you can stop losing and start winning. Texas Hold Em Odds Calculator instantly calculates odds and probability, allowing you to make profitable decisions at the table. This program is excellent for both live and online play
Blackjack Counter for Pocket PC Blackjack Counter for Pocket PC is a drillmaster program designed to help you learn advanced card counting techniques and basic strategy. It is power-packed with expert features, yet it's perfect for novices looking to start counting cards. Use one of the popular built-in count systems, or enter your own favorite
Pocket Chess Tactics ART Pocket Chess Tactics ART -The file size for download:
Program files: 1 Mb
Framework program (if it has been installed you needn't download it once again) : 12 Mb
The documentation in MS Word format : 0.2 Mb
Descriptions:
Pocket CT-ART is the first training program on chess tactics for Pocket PC
ChessClock ChessClock is a Visual Basic clock for chess fans that allows you to control the time taken by each player
PocketDice PocketDice - Gamers with Pocket PCs need no longer envy the Palm people for the high-quality die roller they have. Configure dice buttons for any game system, common or obscure. As well as specific dice and counting methods for various games, generic schemes flexible enough to model anything else are provided
Keypad for Windows CE Keypad for Windows CE - Keypad for Windows CE is a utility for Palm-size PC user to enjoy GB Emulators, such as PalmGB or VGB CE.
Features:
- Two KeyPad Panel, press [Action] button to change.
-Arrow key can be invert for unregistered PalmGB, let you more joyful with try the emulator.
- All Key stroke has been emulate with the touch screen panel
Treasure RollerCE Treasure RollerCE - This program will roll up treasure drops for your campaign. Just select the Challenge Rating of the monster and the drop multiplier.
Options allow you to limit the types of drops (ie, only drop rings and swords, etc).
It follows the 3.5 SRD rules and all the tables from the DM's guide
MD2Viewer Pocket PC MD2Viewer -Writing 3D applications for Pocket PC's and SmartPhones is challenging because of the limitation of device resources ( slow CPU speed, Small memory, limited battery life and limited API). The MD2 format was first introduced in Quake 2. This format has a very efficient structure which makes it possible to load on low end computers as well as mobile devices
Other Software by developer «AdvMathAppl»:
Texas Hold''em Calculator for PPC Texas Hold''em Calculator for PPC - Stop losing, start WINNING! Many poker players cannot understand why they lose money playing good starting hands. The reason is- hand values fluctuate greatly depending on the number of people in the pot. (See for example these links: http://www.online-texas-holdem-poker.net/poker_strategy_expert
Dynamical Passwords Dynamical Passwords - With "Dynamical Passwords" you may generate passwords on any date (even each day). There is no need to remember or save all these generated passwords as far as you can remember you personal password (key) and the date. It is also useful for discovering weak links in a complex security system with many passwords protected elements/units
Faces of the Famous Cube Faces of the Famous Cube - The Faces/Sides of the Famous Cube is a more challenging problem/game than the original Rubik's Cube, because player can see only a one side of the cube. The aim of this game is the same –to reach the state where each side of the cube has all facets with the same color. There are several levels of complexity with 3, 4, and 5 slices per side
Lottery Player's Assistant for Palm OS The Lottery Player's Assistant helps you to estimate the average profitability of regular playing under given conditions, estimate and improve your forecasting abilities,
manage your data and strategies, analyze frequencies of winning num
Texas Hold'em Calculator Texas Hold'em Calculator - Stop losing, start WINNING! Many poker players cannot understand why they lose money playing good starting hands. The reason is- hand values fluctuate greatly depending on the number of people in the pot. (See for example these links: http://www.online-texas-holdem-poker.net/poker_strategy_expert.html http://www.pokertips.org/advanced/hvalue
Loan/Mortgage Refinance Calculator Loan/Mortgage Calculator calculates payments and amortization schedule to refinance loan/mortgage (according to a new rate, term, and periodicity of payments)
Smart Investor's Calculator Smart Investor's Calculator - Smart Investor's Calculator (SIC) allows users to find optimal investment portfolios through solving allocation problems with the selected criterion and restrictions on shares of investment in each instrumentgroup. In other words, SIC helps investors to find investment portfolios that, maximize returns and limit risks
Competitive Intelligence Calculator Competitive Intelligence Calculator - Competitive Intelligence Calculator (CIC) estimates competitive intelligence capability of your company/business on three dimensions: risk identification, risk monitoring, and management actions.
CIC is based on the concept proposed by Dr
Car Troubleshooter Car Troubleshooter is a mini-expert system for finding causes of your car's problem
