- This refers to a betting strategy where a gambler increases or decreases the size of his bet depending on whether he won or lost his previous bet.
- After winning a bet, the gambler doubles the size of his next bet, but after suffering a loss, he halves the size of his next bet.
- It is believed that the anti-martingale strategy can help maximise the size of gains when a player is performing well in a game of chance, while minimising losses when the same player is faring quite poorly.
- It has been used by many successful traders to make decisions regarding how much money to bet on a particular trading position.
Source:TH