martingale

noun, verb — 6 senses

martingale

noun

Etymology From Middle French martingale, from Occitan martegalo, feminine form of martegal, an inhabitant of Martigues, which is from Latin maritima. Possibly merged with Spanish almártaga. The meaning in gambling may come from an old usage of à la martingale to mean absurdly or foolishly.https://people.math.harvard.edu/~ctm/home/text/class/sem/html/home/notes/martingales/martingales.pdf

1

Equestrianism, Hobbies, Horses, Lifestyle, Pets, Sports A piece of harness used on a horse to keep it from raising its head above a desired point.

  • 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.1819, Jedediah Cleishbotham [pseudonym; Walter Scott], Tales of My Landlord, Third Series. […], volume III (The Bride of Lammermoor), Edinburgh: […] [James Ballantyne and Co.] for Archibald Constable and Co.; London: Longman, Hurst, Rees, Orme, and Brown, […]; Hurst, Robinson, and Co. […], →OCLC, page 8:
2

Nautical, Transport A spar, or piece of rigging that strengthens the bowsprit.

3

Mathematics, Sciences 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

Gambling, Games A strategy in which one doubles the stake after each loss.

5

Fencing, Government, Hobbies, Lifestyle, Martial arts, Military, Politics, Sports, War A strap attached to the sword handle, preventing a sword being dropped if disarmed.

Derived terms
anti-martingale, martingality, semimartingale, submartingale, supermartingale

martingale

verb

Etymology From Middle French martingale, from Occitan martegalo, feminine form of martegal, an inhabitant of Martigues, which is from Latin maritima. Possibly merged with Spanish almártaga. The meaning in gambling may come from an old usage of à la martingale to mean absurdly or foolishly.https://people.math.harvard.edu/~ctm/home/text/class/sem/html/home/notes/martingales/martingales.pdf

1

Gambling, Games To employ the martingale strategy in gambling.

  • The Russians were both martingaling it—doubling their bets when they lost.2012, Frank Scoblete, Casino Conquest:

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.