Sekirov Dictionary

martingale

noun5

  1. A stochastic process for which the conditional expectation of future values given the sequence of all prior values is equal to the current value.
  2. A strategy in which one doubles the stake after each loss.
  3. A piece of harness used on a horse to keep it from raising its head above a desired point.
  4. A spar, or piece of rigging that strengthens the bowsprit.
  5. A strap attached to the sword handle, preventing a sword being dropped if disarmed.

verb1

  1. To employ the martingale strategy in gambling.
forms

martingaled · martingaling · martingales

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