Casino Industry Glossary

Martingale

Betting Systems, Strategies & MathematicsREPORTED

A negative progression where bets double after each loss until a win recovers all losses.

In practice

Risky; requires unlimited bankroll and no table limits (both unrealistic).

One entry from the Casino Industry Glossary, 1,090 terms written for surveillance, compliance and operations professionals rather than for players. Definitions describe industry usage; where a term carries a regulatory meaning, verify against the instrument that governs your jurisdiction.