Smart Gambler's Calculator for Palm OS download for mobile - Free Download
Freeware, shareware download | Softempire.com

Smart Gambler's Calculator for Palm OS download for mobile. Calculator, gambling, Investment

Games Utilities Internet Development Multimedia Mobile Desktop Business Education

Smart Gambler's Calculator allows one to calculate the main parameters for

Categories
Applications
Mobile Business
Mobile Games
Home and Personal
Interface Enhancements
Mobile Internet
Palm for Mac
Multimedia Design
Mobile & PDA Software Utilities

Editor's choice
Joboshare 3GP Video Converter
Convert video(AVI/MPEG/DIVX/VOB/WMV) to mobile phone 3gp(3GP/3G2/MPEG4/MP3/WAV).

4Videosoft iPad 2 Manager for ePub
Transfer ePub files from PC to iPad 2, and export iPad 2 ePub to PC.

PuzzlePack
bundle of our nine puzzle games: Balls'R'Us, BallSweeper, Swap it!, Antz, Ja...

4Videosoft iPhone Mate
Convert DVD/video to iPhone, transfer files between iPhone and computer.

HomeWiki
HomeWiki - convenient storage ideas, notes, favorite articles from the Internet

AVCWare iPad Apps Transfer
Transfer Apps between iPad, PC or iTunes and manage App Documents

Trip Paylog PalmOS
Lets a long-distance trucker use a handheld and/or Windows computer to keep up w



Free app gettings from the most popular in download internets sites! Browse the asked-for applications types, see the newest versions of the notable computers programs, and test today! Do not toss away an option to try the greatest software programs: apply SoftEmpire to acquire software applications for free of charge. Have a look on the aggregation of free programs and computer software test versions. pick out among system utilities, setup planners, firewalls, and all other varieties of utilities for your PC or mobile accessory!

Collection of free applications for pocket PC and mobile device, including mobile games, PDA software utilities and more. Windows CE games, free pda screenshot software, free iPhone software, free Android software.

  Download  Buy now!

       View screenshots
License: Freeware
File Size: 0.09 Mb
Version: 1.0
Release Date: 30 Aug 2004
OS: Palm OS 3.0, Palm OS 3.1, Palm OS 3.2
System Requirements: Casl library
Company: AdvMathAppl

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.

More to download:
My Notes Center

E-Organizer and personal information manager jam-packed with features like an overstuffed sandwich. Store personal notes, e-mails, web links, phone numbers, addresses, even credit card numbers safely and securely. Download your free trial copy now!

Portfolio Performance Monitoring

The Portfolio Performance Monitoring model enables the ongoing monitoring and periodic valuation of a portfolio of financial investments. Amount and timing of investment and divestment transactions are taken into account in performance calculations.

LuoBet

LudoBet is an exciting gambling, board racing game. Up to four players can play against each other, or play against the computer. Put your money on one of the four colours and see how much you can win off the other players. Or just play for fun...

BVS Video Poker

An enjoyable game that simulates video poker gambling machines. It features the most commonly found machines in casinos: Jacks or Better, Deuces Wild, Joker Poker, and more.

Extreme Miniature Golf

18 holes of golf and 6 mini games. The golf greens are packed with cannons, lightning bults, pinball bumpers, moving platforms and sandtraps. After every three holes you have the option to boost or even gamble your score within the mini games.

Paraben's Financial Calculators

Perform any financial calcualation imaginable with Paraben's Financial Calculators. With this collection of 33 financial calculators, schedules, and advisors, all you have to do is fill in the blanks and let the program do the rest...

Business Calculator for Palm 2.01

Using the cutting-edge technologies to the full, the SaM-Solutions company is pleased to announce the coming release of a line of software products for the Palm computers. Our first shareware Palm application is Business Calculator for Palm (BCal...

CurrencyPack

Conversions between almost 300 currencies! Ability to convert from and to any currency in a couple of clicks. You can search currencies by symbol, name, or country. A list with your common conversions for usual and fast conversions and a complete...

Instant SMS Sending Software

PC to mobile message sending utility can send unlimited numbers of SMS to any national or international number. Software used to send group SMS alerts for business marketing, product promotion, recruitments information from desktop & laptop compu


Advertisement

Windows Backup
Looking for backup software? Try Handy Backup - automatic data backup to DVD, CD, FTP, network, or Online. Client-server enterprise backup software.


Top Downloads
Freeware program to rename files & folders & Multimedia files wi

Hotspot Shield secures your Internet connection from hackers

Protect your computer from viruses and malicious programs.


New in Mobile
  1. All Household Checklists
  2. Valentines Day Date Ideas
  3. April Fools Day Checklist
  4. HomeWiki
  5. akaEasyMoney
  6. FoneLab iPhone Data Recovery
  7. 7thShare iPhone Data Recovery
  8. Free iPhone Data Recovery
  9. ArtScope
  10. Free Mac Android Data Recovery 1.0.11
Smart Gambler's Calculator for Palm OS download for mobile - Free Download