Freeware, shareware download |

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

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

Editor's choice
AnvSoft iPod Photo Slideshow
iPod Photo Slideshow make iPod playable (MPEG-4) photo slide show.

Aiseesoft iPhone to Computer Transfer
Transfer iPhone music, movies, ringtones, camera roll, and pictures to computer.

Android Bulk SMS Mac
Android Bulk SMS Mac application transmit free alerts news to all users from PC

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

Free Bulk SMS Marketing GSM
Free Bulk SMS Marketing GSM Software compose unlimited bulk sms via GSM mobile

AcroWiki is a hypertext browsing and authoring system for Palm OS.

audiotools iPod Copier
iPod Copier is very easy to use tool to Copy your iPod Device(Any Type).

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 download links for Smart Gambler's Calculator for Palm OS...

Next product: Web to Mobile SMS
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.


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...

tApCalc Financial calculator with tape (

tApCalc Finance is a handy financial calculator for Pocket PC. It provides a simulated paper tape that allows users to record calculations and save them for future reference. Paper tape simulation has many advantages. You can start a calculation ...

Send Bulk Text Messages

PC to mobile bulk SMS sender program allows user to send text messages to thousand of destination simultaneously using your computer. Bulk messenger application sends alert notification, promotional campaign messages, greetings, group messages etc.

Publisher Barcode Label Maker

Publisher Barcode Label Maker software is capable to create label and sticker for publisher and books retailer that involved publishing and maintenance books records. Cost effective barcode application is used to make label and tag for library.


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
Thumbzilla allows you to create thumbnails from images (JPG and GIF) and mov...

DHTML Menu Builder which enable you to create perfect web menus of all kinds

Free Calendar Webpart to substitute for standard Webpart for SharePoint 2003...

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