pari-mutuel

From WikiWord

English

Etymology

No etymology has been added yet.

Pronunciation

IPA /ˌpaɹiˈmjuːtʃʊəl/

Noun

pari-mutuel noun

Any betting system in which all bets of a particular type are placed together in a pool; taxes and a house take are removed, and payoff odds are calculated by sharing the pool among all placed bets.
A booth used to place such bets, or a machine used to record bets and calculate payoffs.

Verb

No verb senses have been added yet.

Word map

Related terms

Synonyms

mutual irap parimutuel patent perm placepot double pool spread betting quadpot if money quadrella quinela if-bet parlay quinella

Rhymes

Usage & collocations

No usage or collocation data has been added yet.

Community definitions

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Usage in the wild

Real example sentences for pari-mutuel appear here as readers add them.

References