martingale
English
Alternative forms
Etymology
Middle French martingale, from Old Occitan martegalo, feminine form of martegal, an inhabitant of Martigues, which is from Latin maritima. Alternatively from Spanish almártaga.
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.
Synonyms
- (piece of harness): tie-down
Derived terms
Translations
piece of harness
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bowsprit strengthening
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a stochastic process relating random variables to earlier values
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a gambling strategy in which one doubles the stake after each loss
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a strap attached to the sword handle, preventing a sword being dropped if disarmed
Verb
martingale (third-person singular simple present martingales, present participle martingaling, simple past and past participle martingaled)
- To employ the martingale strategy in gambling.
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