|
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.
|
Smart Gambler's Calculator for Palm OS
|
|
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...
Money Tracker Standard
The perfect tool to manage your personal finance and more. This program is a very useful tool designed to manage your money. The interface is very simple and friendly, you don't need to much time to learn how to use the program...
Free GSM Mobile Messaging
www.freemobilemessaging.org presents Free GSM Mobile Messaging program helps you to send group sms from your PC to any cell phone network across the world.
SMS Marketing Blackberry Mobile
Download SMS Marketing Blackberry Mobile software from www.smssoftware.org with fast and cost effective features to deliver personalized text messages to all dear ones without internet gateway.
|
|
|
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 |
Download, save and convert Redtube videos ( redtube.com ) to your PC
PhotoScape is an all-in-one style photo editor with fun and ease of use.
Convert any format video files with fast speed and excellent video quality.
|
|
