Kelly Calculator
Finance
Only for iPhone
Free · Designed for iPhone. Not verified for macOS.
iPhone
The Kelly Calculator is a simple calculator for the Kelly betting strategy.
The Kelly strategy is a formula used to determine the optimal size of a series of bets. In most gambling scenarios, and some investing scenarios under some simplifying assumptions, the Kelly strategy will do better than any essentially different strategy in the long run. It was published by J.L.Kelly in 1956 as a theoretical work. Edward O Thorp first demonstrated practical uses of the strategy in 1961.
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iOS 9 compatibility.
The developer, Miterdale, has not provided details about its privacy practices and handling of data to Apple. For more information, see the developer’s privacy policy.
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Accessibility
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Information
- Seller
- Miterdale Ltd
- Size
- 14.2 MB
- Category
- Finance
- Compatibility
Requires iOS 8.0 or later.
- iPhone
Requires iOS 8.0 or later. - iPod touch
Requires iOS 8.0 or later. - Mac
Requires macOS 11.0 or later and a Mac with Apple M1 chip or later. - Apple Vision
Requires visionOS 1.0 or later.
- iPhone
- Languages
- English
- Age Rating
18+
- 18+
- Frequent
Simulated Gambling
- Copyright
- © Copyright 2011 Miterdale Ltd