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Martingale's simple random walk is an algorithm pertaining to the wager system, in which one assumes the course of doubling one's wager in reaction to a win or halves one's wager in reaction to a loss.

So the formula:

( Xn+1 | X0 , ... , Xn )

In this it is supposed that the random variates have a finite constraint (or this equation does not hold up to infinite purposes).

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βˆ™ 13y ago
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Q: What is a martingale simple random walk?
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