Glossary · strategy
Martingale
Progression that doubles the bet after each loss. See the Strategy section for what it does and does not do.
In context
Frequent small wins, rare large losses. The expected lossmathExpected lossExpected value times total amount wagered; the average amount lost over a session or a period.Read full → per dollar wagered is still 2.70%, and the progressionstrategyProgressionAny rule that changes the stake based on previous results. Negative progressions raise it after losses, positive after wins.Read full → wagers a lot.
Did you know
The name is Provençal slang from the 18th century; a “martingale” was also a strap that stops a horse from throwing its head back, and nobody is sure which sense came first.