martingale Hear it!

martingale Definition

mar·tin·gale (märt′'n gāl′)

noun

  1. the strap of a horse's harness passing from the noseband to the girth between the forelegs, to keep the horse from rearing or throwing back its head
    1. a lower stay for the jib boom or flying jib boom of a sailing vessel, to bear the strain of the head stays
    2. dolphin striker
  3. a system of betting in which, after a losing wager, the amount bet is doubled or otherwise increased

Etymology: Fr, prob. < Sp almártaga, a check, rein < Ar

martingale Usage Examples

Converse of object

run: The rings of the running martingale should be able to touch the bottom of the jaw, no lower down the neck.

Modifies a noun

  • measure: However, the no-arbitrage assumption insures that there exists a EMM, in fact there exist many equivalent martingale measures.
  • system: Table maximums ( and minimums ) as they are referred to, eliminate the threat of a martingale system gambler completely.
  • attachment: And a breastplate of which there are many different designs and this may also have a martingale attachment with it.
  • method: In order to treat this problem, martingale methods and duality methods will be employed.
  • approach: Remaining talks in the morning will be devoted to the martingale approach to optimal stopping both in discrete and continuous time.

Noun used with modifier

standing: Rhea A standing martingale will stop the rearing but if you put a stronger bit in your horse will get stronger.