martingale
Noun
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Noun
martingale (plural martingales)
- A piece of harness used on a horse to keep it from raising its head above a desired point.
- (nautical) A spar, or piece of rigging that strengthens the bowsprit.
- (mathematics) A stochastic process for which the conditional expectation of future values given the sequence of all prior values is equal to the current value.
- If a gambler plays a fair game repeatedly, his payoff over time is a martingale.
- A gambling strategy in which one doubles the stake after each loss.
- (fencing) A strap attached to the sword handle, preventing a sword being dropped if disarmed.
- (piece of harness) tie-down
- French: martingale
- German: Martingal
- Portuguese: gamarra
- Russian: мартинга́л
- French: martingale
- French: martingale
- French: martingale
martingale (martingales, present participle martingaling; past and past participle martingaled)
- To employ the martingale strategy in gambling.
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.004