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  • Trader Calculator


    This application is a simple tool for users of betting exchanges and it is meant to solve the well-known problem of Bet-Hedging: configure the profit/losses of two bets - a back and a lay bet - for all outcomes. It can be used as a very nice complement to TGT

    The main objective in its development was to guarantee the possibility of using solely the keyboard fast and efficiently. Obviously, their exists other solutions of the same kind [1] [2] [3] but all have problems: they depend on the web-browser, none allows keyboard devotion, amongst others.

    This calculator is an open-source project (GPLv2) and cross-platform. It is implemented as free software aiming to be executed in all platforms supported by wxPython [4].

    [1] http://www.arbcruncher.com/
    [2] http://www.betcalc.com/backlaycalc.php
    [3] http://www.oddschecker.com/betting-t...calculator.htm
    [4] http://www.wxpython.org/
    Last edited by Mr Moderator; 16 January 2013, 01:44 PM. Reason: Swapped links around.

  • #2


    New icon, beautiful!
    Anyone has a better idea for the value in the calculator's screen: "3.14"?

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    • #3
      You could use 80085 as the value in your icon, it always gets a giggle ...

      It looks an interesting project that you have there. I particularly like the fact you have created a free-standing piece of software. I made a calculator, in fact, a winky wonky lamb chop hedging calculator, based upon Chromaweb's website, and have always wanted to learn how to put it into a piece of software, rather than Excel. You can find my calculator ... HERE. You are more than welcome to bastardise it and use it!

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      • #4
        Thanks for the spreadsheet doubleback, I'll take a look at it

        I don't find the button to edit my initial post. I've updated the webpage links:

        download at: https://box.com/trader-calculator

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        • #5
          I have compared the outputs between yours, Chromaweb's and my Excel sheet, they are pretty much churning out the same numbers +/- 0.03. The other benefit of your model is that you have included commission, which isn't that much of a biggie. The differing methods for altering the bias [-1, 1] versus a percentage, is also worth noting.

          Good work there. How easy/hard is Python to learn, as I have a few ideas?

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          • #6
            Python is really easy to learn. I dont want to say that its the easiest programming language to learn, but its not far from that.
            To make cross platform GUIs you need wxPython

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