Search:

» Home » Games » Strategy & War » Smart Gambler's Calculator for PocketPC OS

Company:	AdvMathAppl
License:	Freeware
Version:	1
System:	Windows CE
Size:	122 KB
Date Released:	30-08-2004
Price:	0
Screenshot:	Click here to see Screenshot
Downloads:	735
Homepage:	http://www.advmathappl.com/SGC_Home.htm
Date added:	Sep 19, 2005
Click here to Download

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.

NEWS

So far, nothing for that!

RECOMMENDED DOWNLOADS IN THIS CATEGORY

» Home » Games » Strategy & War (161)

Select page: [1] 2 3 4 5 6...

» Nine Men`s Morris

Play a challenging three-in-a-row strategy game! Nine Men`s Morris is an exciting capture and defend strategy game that is endlessly entertaining. If you like chess or checkers, you will love this award winning classic. Place your pieces to make mills-thr ...

Smart Box Design | 86 KB | Palm OS 3.1,Palm OS 3.2 | 12.95 | Downloads: 735

Date added: Sep 19, 2005 | » Details

» Game 111 for Win

The objective of this game is to be the first to reach the number 111. Each player selects a number that is greater than the previous number, but does not exceed it by more than 10. For example, the first player may start by choosing any number between 1 ...

AdvMathAppl | 103 KB | Win95,Win98,WinME,WinNT 3.x,WinNT 4.x,Windows2000 | 9.95 | Downloads: 722

Date added: Sep 19, 2005 | » Details

» World Empire V

World Empire V For Windows is the newest entry in the award-winning global strategy game from Viable Software. New realistic maps and 205 countries, country flags, and new generals. WEV is a truly a player-driven game design. If you are a RISK(TM) fan, yo ...

Viable Software Alternatives | 6140 KB | Windows | 29.95 | Downloads: 722

Date added: Sep 19, 2005 | » Details

» Lunar Colony

Lunar Colony is a simple game that is hard to master. The goal is to become as rich as possible in a limited amount of time. The setting is the Moon, in the near future. In a gesture of world unity, a group of Corporations and World powers have united to ...

Left Brain Games, inc | 4836 KB | Win98,WinME,WinNT 3.x,WinNT 4.x,WinXP,Windows2000 | 9.95 | Downloads: 768

Date added: Sep 19, 2005 | » Details

» Galaxy Unfurled

The growing unrest among the galactic legions forebodes of interstellar war. Posturing of alliances and positioning of fleets, and yet, even as the galactic warlords arm themselves to the fangs in preparation for combat, civilization somehow blooms on lus ...

Fractalsmith Games | 11621 KB | Win98,WinME,WinNT 4.x,Windows2000,WinXP,Windows2003 | 1.99 | Downloads: 766

Date added: Sep 28, 2005 | » Details

» Paraben`s Mah-jong

Paraben`s Mah-jong is an easy playing version of the classic game. Play it in English, French, German, or Spanish while listening to music. With features like `shadows` and `3D` play, the only challenge comes from the game itself. 3D play using your choic ...

Paraben Corporation | 1524 KB | Windows | 19.95 | Downloads: 807

Date added: Sep 19, 2005 | » Details

» Onimod land

Onimod Land is a RTS-game. The game has a smart artificial intelligence and original way of managing. You may choose the race of savages or space occupants for the game. The game is more oriented to the hard fighting than to the development. At the presen ...

Studio of Alexey Sedoff | 32358 KB | Win98,WinME,Windows2000,WinXP | 27.65 | Downloads: 686

Date added: Sep 19, 2005 | » Details

» DuelField

DuelField is an online strategy game played over the Internet. As a Deity you will be asked to take the lead of a fantasy creatures army and go battle against real human opponents. ...

Sismoplay | 0 KB | Windows | 20 | Downloads: 784

Date added: Sep 19, 2005 | » Details

» Napoleon the game

This game encourages logical and tactical thinking, and places you in the role of a world military leader. Your goal is to destroy the enemy`s headquarters, a single square marked by dagger. ...

Lite Soft Ltd | 2461 KB | Windows | 9.95 | Downloads: 669

Date added: Sep 19, 2005 | » Details

» Antarez Arena

Antarez Arena is a multiplayer strategic on-line game. Player’s career can be made through buying and training of units. Time is not limited for that. Resources for a player’s career are gained during a successful combat with the other players or with ...

Antarez | 7347 KB | Win95,Win98,WinME,WinNT 4.x,Windows2000,WinXP,Windows2003 | 28 | Downloads: 815

Date added: Feb 13, 2007 | » Details

» Combat Engineer

Modification of the Mine Sweeper. You uncover mine field with a an unusual task to switch off the certain mines in the corners of the game field. High scores are recorded, and an honor roll keeps track of the family experts giving them nice funny icons. ...

Agentix Software | 251 KB | Windows | 20 | Downloads: 805

Date added: Sep 19, 2005 | » Details

» Billionaire II

Billionaire II is a new thrilling and exciting business game where only the BIG money makers win! The game takes place in Billionaire City where you can purchase real estate and build the foundation of your future fortune. Raise loans, invest your capital ...

Game On | 5933 KB | Win95,Win98,WinME,WinNT 4.x,Windows2000,WinXP,Windows2003 | 19.95 | Downloads: 786

Date added: Sep 19, 2005 | » Details

» Game 111 for PPC

AdvMathAppl | 258 KB | Windows CE | 9.95 | Downloads: 694

Date added: Sep 19, 2005 | » Details

» High Velocity Paintball

HighVelocity Paintball is an online 2D multiplayer client featuring realtime games with real people from all over the world. Our games are class-Based which gives our players the opportunity to customize their character into one of the 8 different classes ...

High Velocity Paintball | 1997 KB | Win95,Win98,WinME,WinXP,Windows2000 | 0 | Downloads: 680

Date added: Sep 19, 2005 | » Details

» Brutal Wars

If what you crave for is a non-stop combat, then look no further than Brutal Wars. This is a turn-based strategy war game for all owners of Pocket PC and desktop PC as well. You step into the boots of a brave general, who is challenged to protect the coun ...

Sytexis Software | 3240 KB | WinXP,Windows2000,Windows2003,Windows CE,Pocket PC,Windows Mobile 2003 | 24.95 | Downloads: 791

Date added: Feb 13, 2007 | » Details

» Drug Dealer Renegade

Step into the shoes of a Drug Dealer. Your family is murdered and your drug cartel is destroyed. Now you want revenge. With a little cash from a loan and your old connections, it’s time for you to make money buying and selling drugs. Earn a profit and y ...

Powder Games | 4752 KB | Win95,Win98,WinME,WinNT 4.x,Windows2000,WinXP | 14.95 | Downloads: 740

Date added: Feb 13, 2007 | » Details

» The Fight for Freedom

The Fight for Freedom allows you to train and build your army in an attempt to conquer the universe! ...

D.E.H. Software | 54246 KB | Win95,Win98,WinME,WinXP,Windows2000 | 10.99 | Downloads: 607

Date added: Sep 19, 2005 | » Details

» I of the Enemy: Ril`Cerat

I of the Enemy: Ril`Cerat is a totally free, stand alone, science fiction real-time starategy game, that is the first chapter in the `I of the Enemy` saga. The player is a Lokob (luh-kobe) officer who is in charge of his race`s contingent. Major Verkkal ( ...

Enemy Technology | 68891 KB | Win95,Win98,WinME,WinXP,Windows2000 | 0 | Downloads: 702

Date added: Oct 25, 2007 | » Details

» War on Folvos

War on Folvos is turn-based strategy game with an intriguing story set on a fictitious future world. The story tells of the takeover of Folvos by the great Vasgalan Empire, who discovered a strange material on Folvos named Refunium. This raw mineral has m ...

Lonely Troops | 31373 KB | Windows2000,WinXP | 19.95 | Downloads: 675

Date added: Feb 13, 2007 | » Details

» Disciples 2 - Rise of the Elves

Disciples II: Rise of the Elves is a milestone in the Disciples universe. For the first time Disciples fans will be able to play as the elder Elven race as they struggle to reclaim their forests from the four primary forces in Nevendaar. Driven by an unpr ...

Strategy First | 1204224 KB | Win98,WinME,WinXP,Windows2000 | 29.95 | Downloads: 829

Date added: Sep 19, 2005 | » Details

go to top

Select page: [1] 2 3 4 5 6...