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martingale

The correct spelling is martingale.

How to pronounce martingale

noun

Say it like: Mar-tin-gal-e

The correct spelling is martingale. A piece of harness used on a horse to keep it from raising its head above a desired point. For example: "If a gambler plays a fair game repeatedly, his payoff over time is a martingale."

Usage Examples

If a gambler plays a fair game repeatedly, his payoff over time is a martingale.

Meanings

noun

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

verb

  1. 1.To employ the martingale strategy in gambling.

Similar words

Words related in meaning — check their spelling too.

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