|
Software for Symbian:
• Arcade Style Games
• Board Games
• Card Games
• Casino Games
• Puzzle Games
• Strategy Games
• Simulation Games
• Tetris Games
• Game Packs
• Golf Games
• Misc Games
• Sport Games
PDAGameSoft.com - game software downloads for Symbian (Psion) devices: Psion Revo, Sony Ericsson, Nokia, Siemens, Motorola, BenQ. Browse through freeware, shareware and more in Arcade, Board, Card, Casino, Puzzle, Strategy, Simulation, Tetris, Golf and other Sports Games.
Our button
How to increase your software sales?
|
Smart Gambler's Calculator for EPOC 1.0
 |
Info: |
 |
Symbian
Downloads: 1398
Rating: 
|
|
| |
Developer: |
AdvMathAppl |
| |
Support: |
|
| |
License: |
Freeware
|
| |
Description: |
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. |
| |
Requirements: |
Runtime |
| |
Compatible: |
Nokia 9000, Nokia 9110, Nokia 9210, Nokia 9290, Psion netBook, Psion Revo, Psion Revo Plus, Psion Series 3c, Psion Series 3mx, Psion Series 5, Psion Series 5mx, Psion Series 7, Psion Workabout |
|
|
|
|
SEE MORE SYMBIAN GAMES:
IntelliGolf Birdie edition / P900-910
IntelliGolf Birdie edition / Nokia
MegaPack for P800/P900 -- Incredible Mega-Savings!
Bubble Shooter (Series 60)
DDDragon v1.70 (Symbian S60 V3)
See more software
categories for SYMBIAN at PdaTopSoft.com
|
|
