Smart Gamblerīs Calculator
| Category: | Casino |
| Title: | Smart Gamblerīs Calculator |
| Url: | http://www.advmathappl.com/SGC_Home.htm |
| Description: | Smart Gamblerīs 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 gamblerīs "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. |
| Clicks: | 0 |
| Link added: | Feb 25, 2007 |
| Link Rank: |  |
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