martingale

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See also: Martingale

English

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Alternative forms

Etymology

Middle French martingale, from Occitan martegalo, feminine form of martegal, an inhabitant of Martigues, which is from Latin maritima. Alternatively from Spanish almártaga.

Pronunciation

  • (file)

Noun

martingale (plural martingales)

  1. A piece of harness used on a horse to keep it from raising its head above a desired point.
  2. (nautical) A spar, or piece of rigging that strengthens the bowsprit.
  3. (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.
  4. A gambling strategy in which one doubles the stake after each loss.
  5. (fencing) A strap attached to the sword handle, preventing a sword being dropped if disarmed.

Synonyms

Derived terms

Translations

Verb

martingale (third-person singular simple present martingales, present participle martingaling, simple past and past participle martingaled)

  1. To employ the martingale strategy in gambling.
    • 2012, Frank Scoblete, Casino Conquest:
      The Russians were both martingaling it—doubling their bets when they lost.

French

Pronunciation

Noun

martingale f (plural martingales)

  1. martingale

Further reading

Italian

Noun

martingale f

  1. plural of martingala

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