I do not know if it is possible or not, but it would be handy to have a portable version or RealPlayer. I have installed the Portable VLC Media Player but does not seem to handle Real Player streams or files and I have not been able to find a means to confgure it to do so. Barring being able to use Real Player streams and files on VLC, I would love to be able to have a portable version of Real Player.
Have you tried the following?
*Media Player Classic (http://sourceforge.net/projects/guliverkli/)
Note: you have to download the essential codec pack as well and extract into the codecs folder
>Media Player Classic it will play any format as long as a codec is installed on the computer (go to http://www.free-codecs.com/Real_Alternative_download.htm for the codec)
>Mplayer will play any format that it can find in the codecs folder
BTW I highly doubt that a portable version of Real Player will be ever created because of conflict in the license (Proprietary vs. GPL) and also I would rather a open source alternative playing many formats compared to a commercial software that only players on format(real formats only)
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Halo 3: Finish The Fight 2007