Martingale

Quick meaning: Martingale is a noun meaning (equestrianism) A piece of harness used on a horse to keep it from raising its head above a desired point.

Meaning

(equestrianism) A piece of harness used on a horse to keep it from raising its head above a desired point.

More Meanings

1. (nautical) A spar, or piece of rigging that strengthens the bowsprit.
2. A gambling strategy in which one doubles the stake after each loss.
3. (fencing) A strap attached to the sword handle, preventing a sword being dropped if disarmed.
4. To employ the martingale strategy in gambling.
5. (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.

Example Sentences

The Russians were both martingaling it—doubling their bets when they lost.

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

I’ll be bound, Lady Ashton understands every machine for breaking in the human mind, and there are as many as there are cannon-bit, martingales, and cavessons for young colts.

Word Forms

• martingales
• martingal
• martingaling
• martingaled

Synonyms for martingale

Depending on context, synonyms include tie-down.

Related Words

Related dictionary entries include integrable, cavesson, headcollar, halter, chambon, headgear.

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