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Martingale   /mˈɑrtɪŋˌeɪl/   Listen
noun
Martingal, Martingale  n.  
1.
A strap fastened to a horse's girth, passing between his fore legs, and fastened to the bit, or now more commonly ending in two rings, through which the reins pass. It is intended to hold down the head of the horse, and prevent him from rearing.
2.
(Naut.) A lower stay of rope or chain for the jib boom or flying jib boom, fastened to, or reeved through, the dolphin striker. Also, the dolphin striker itself.
3.
(Gambling) The act of doubling, at each stake, that which has been lost on the preceding stake; also, the sum so risked; metaphorically derived from the bifurcation of the martingale of a harness. Called also Martingale strategy. Such a betting strategy does not change the overall likelihood of winning, but in a short run it increases the probability of winning a small sum, balancing it against an increased probability of losing a large sum. (Cant)






Collaborative International Dictionary of English 0.48








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"Martingale" Quotes from Famous Books



... saddle blanket, and the black-skinned McClellan saddle tree, with its broad horsehair cincha and hooded wooden stirrups, minus the useless skirts and sweat leathers. Neither breast strap, crupper nor martingale hampered the free movements of the sturdy, stocky little weight carriers. The black, single-reined curb bridle, fastened as to the throat latch by a light buckle, was slipped on over the headstall of the so-called watering bridle, whose toggled and detachable snaffle bit was generally "toted" ...
— A Daughter of the Sioux - A Tale of the Indian frontier • Charles King



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