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insolvent A martingale is a class of betting strategies that originated from and were popular in 18th-century France. The simplest 1️⃣ of these strategies was designed for a game in which the gambler wins the stake if a coin comes up 1️⃣ heads and loses if it comes up tails. The strategy had the gambler double the bet after every loss, so 1️⃣ that the |