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Ideas for gambling-related mobile phone app: bankroll manager

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January 11th, 2012 at 4:51:47 PM permalink
AcesAndEights
Member since: Jan 5, 2012
Threads: 11
Posts: 584
Hi folks,

I'm new here although I have been enjoying the Wizard of Odds site for a couple of years, using it as my go-to reference for gambling odds and strategy. As I've been reading the forum over the last week or so, it seems like you have built up a really cool community of generally smart people here who enjoy Vegas and gambling.

The reason I'm posting is to ask for feedback on an idea for an app I've been throwing around since my last trip to Vegas. I am not selling anything (yet), so I hope this doesn't violate the terms of this board (in letter or spirit).

The app would be a bankroll manager. This would be pretty simple, although the more I think about it the more features come to mind. The basic use case would be, at the beginning of my weekend trip to Vegas, I enter my starting bankroll. Before and after every gambling session, I record how much I bought in for and how much I cashed out, along with lots of other information for the session: which casino, what game I'm playing, how long I was there, any notes, etc. etc. This list is highly fungible. At any time the app would display what my current bankroll was based on previous sessions, and at the end of the trip it could be exported into an Excel spreadsheet or a CSV document, to be retained.

The app wouldn't really be designed for long-term information storage, as that doesn't seem like a great idea on a phone that could get lost, stolen, destroyed, etc. For me personally, I have a spreadsheet on my home computer that tracks this stuff long-term, but on my last trip I was keeping track of sessions on my phone with a simple notepad app (ColorNote). It was a slight pain in the ass to use on the trip, but entering the data back into my spreadsheet was a bigger pain. This is what gave me the idea for the app.

Now the initial target audience I was thinking of was card counters and other APs, as they tend to want to keep track of sessions at this detail level. Especially for a card counter, the extra information becomes pretty important (table rules, spread used, penetration, tokes given, heat conditions, etc.) For the casual gambler, it may not be of much use, but I suppose some OCD-type folks (not meant as an insult) may enjoy it as well.

My first question is, do you know if anything like this exists right now (for iOS or Android)? I know you could approximate the functionality with a simple spreadsheet app which I know are out there, but I'm hoping this would be more usable and feature-rich for this specific application. I haven't found something similar for Android, but I haven't looked for iOS.

Second question: would you use such a thing?

And finally, any feature ideas for the proposed app.

I am in no way certain I'm going to build such a thing, but my day job is a software developer so I have the requisite skills (if not the free time right now). If I do make it, it will definitely be free to begin with although I will try to incorporate ads (I have not researched this at all and have no idea if it's viable for a nobody app with no proven users). If it proves popular I may try to sell it, probably as a premium version without ads or with additional features.

Thanks for your time! I have an additional idea for a blackjack game (there are very few good ones out there), but I'll save that for a future post.
"Life's a bitch and then you die. Or seven out." -AlanMendelson
January 11th, 2012 at 5:32:22 PM permalink
MakingBook
Member since: Sep 19, 2011
Threads: 6
Posts: 37
I love it. While I'm not an AP, yet; I am one of the OCD types. During my Vegas trips, I maintain records of each gambling session. I try to use my phone or a small notepad- both are far from ideal. Sounds like a good idea- go for it.
January 11th, 2012 at 6:47:28 PM permalink
MathExtremist
Member since: Aug 31, 2010
Threads: 46
Posts: 2518
Why not just use a Google Docs spreadsheet?
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice." -- Girolamo Cardano, 1563
January 11th, 2012 at 7:30:01 PM permalink
DJTeddyBear
Member since: Nov 2, 2009
Threads: 105
Posts: 5714
At least one other type of player may want it: Professional Poker Players.

On that note, my wife uses something on her iPhone to track her tournament history.

It seems like this is a good idea, but it may already be out there.



Quote: MathExtremist
Why not just use a Google Docs spreadsheet?
Because you don't always have internet access - particularly in a casino.
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood?
January 11th, 2012 at 9:13:53 PM permalink
AcesAndEights
Member since: Jan 5, 2012
Threads: 11
Posts: 584
Quote: DJTeddyBear
At least one other type of player may want it: Professional Poker Players.

Very good point, I tend to lump poker players in with APs but I guess only the ones who consistently win are :).

Quote: DJTeddyBear
Quote: MathExtremist
Why not just use a Google Docs spreadsheet?

Because you don't always have internet access - particularly in a casino.

Yes, that's a good point, but also like I noted above the hope would be that it's more user friendly and thus cuts down on the time you spend setting up the spreadsheet and entering data.

I haven't used Google Docs on anything mobile, so I'm not sure what the experience is like - I'll check that out. But it seems like finding the right cells and stuff might be a bit harder than a form-based app with defined steps and entry fields.
"Life's a bitch and then you die. Or seven out." -AlanMendelson
January 12th, 2012 at 6:35:15 AM permalink
DJTeddyBear
Member since: Nov 2, 2009
Threads: 105
Posts: 5714
I totally agree that an App that's designed for the function intended (assuming it's designed well) would be far better than Google Doc or note pad or whatever else you can think of.

But, as I mentioned, I'd be surprised that something like this doesn't already exist - as an app.
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood?
January 12th, 2012 at 6:37:30 AM permalink
Johnzimbo
Member since: Sep 29, 2010
Threads: 2
Posts: 129
I think it already exists...I have been reading a TR from a coupke poker players in Vegas now, and they mention using one
January 12th, 2012 at 8:31:20 AM permalink
AcesAndEights
Member since: Jan 5, 2012
Threads: 11
Posts: 584
Quote: Johnzimbo
I think it already exists...I have been reading a TR from a coupke poker players in Vegas now, and they mention using one

Could you point me to that trip report, if it's on the web?
"Life's a bitch and then you die. Or seven out." -AlanMendelson
January 12th, 2012 at 8:51:39 AM permalink
dlevinelaw
Member since: Dec 3, 2009
Threads: 13
Posts: 192
There is an app for iPhone very similar to what you describe called gamblers anonymous. It is .99 but there is a lite version for free.
January 12th, 2012 at 9:19:53 AM permalink
Ayecarumba
Member since: Nov 17, 2009
Threads: 113
Posts: 2041
I think it would be helpful to have a Kelly Criterion app. I don't know if players would be allowed to use it at the table though.
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Bovada is the only Internet casino endorsed by the Wizard.
Here are my reasons why and my promise of support.