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Word: martingale
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Meaning:
Noun:
- A gambling strategy in which one doubles the stake after each loss.
- A piece of harness used on a horse to keep it from raising its head above a desired point.
- fencing A strap attached to the sword handle, preventing a sword being dropped if disarmed.
- maths A stochastic process relating random variables to earlier values
- nautical A spar, or piece of rigging that strengthens the bowsprit.
Source: Wiktionary
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