MARTINGALE

noun
13 Scrabble
17 WWF
M 3
A 1
R 1
T 1
I 1
N 1
G 2
A 1
L 1
E 1

Definition

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

"If a gambler plays a fair game repeatedly, his payoff over time is a martingale."

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