MARTINGALES

11 letters 14 Scrabble points

Definition of MARTINGALES

noun
  1. A piece of harness used on a horse to keep it from raising its head above a desired point.

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

  3. 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."

Related words: tie-down

Source: Wiktionary

Word Details

Letters M A R T I N G A L E S
Length 11 letters
Scrabble Score 14 points