Download Kelly Bet Basic apk 1.2 free for Android smartphone

27 Jun
Kelly Bet Basic

Posted by Apoyo Soft in Finance | June 27, 2011 | 2 Comments

Apk file size: 84.0 KB

The Kelly Strategy is a method to maximize the long-term rate of return (ROI) on a series of investments or bets.

The Kelly Bet Basic calculator provides criterion for deciding whether an investment is worthwhile or just a loss or whether you will start investing with enough money to protect yourself against ultimate loss. These criterion include the Kelly expectation and the Probability of Ruin. The main output of the calculator is the optimal amount and fraction of one's investment bankroll to invest on the opportunity being studied.

Please see for more information.

The calculator itself comes with an in-app tutorial and notes for utilizing the Kelly Strategy. You can turn off display of the End Users License Agreement on startup by going to the preferences menu item and unchecking the corresponding checkbox. You can also turn off display of the start up screen (goes directly to the calculator) from the preferences menu.

All investments are risky. Apoyo Soft does not condone gambling and disclaims any responsibility for the uses or the results obtained by using this calculator.

Whats new

    Fixed decimal bug for QVGA screens.

Apoyo Soft part of our Finance and have average installs from 1000 to 5000. Last Update June 27, 2011. Google play rating is 85.8823. Current verison is 1.2. Actual size 84.0 KB.

Download kelly-bet-basic.apk 84.0 KB


A Google User

While I'm not an experienced gambler in any way, this excellent little app is incredibly useful and insightful even for beginners like myself...

Nick Emblow

Calculations ok But interface is bad.

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