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View synonyms for

pari-mutuel

[ par-i-myoo-choo-uhl ]

noun

  1. a form of betting and of handling the betting on horse races at racetracks, in which those holding winning tickets divide the total amount bet in proportion to their wagers, less a percentage for the management, taxes, etc.
  2. Also called parimutuel machine. an electronic machine that registers bets in parimutuel betting as they are made and calculates and posts the changing odds and final payoffs.


pari-mutuel

/ ˌæɪˈːʊə /

noun

    1. a system of betting in which those who have bet on the winners of a race share in the total amount wagered less a percentage for the management
    2. ( as modifier )

      the pari-mutuel machine

“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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yvlog History and Origins

Origin of pari-mutuel1

1880–85; < French: literally, mutual bet
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yvlog History and Origins

Origin of pari-mutuel1

C19: from French, literally: mutual wager
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Example Sentences

Examples have not been reviewed.

But racing interests say that HHR is not a game of chance but skill and is connected to a pari-mutuel hub.

From

If it is skill, and proved to be a pari-mutuel product, then the path to success is much easier.

From

The two pari-mutuel firms say the compact signed by the governor and the tribe in 2021 gives the tribe a sports gambling monopoly and creates a “backdoor” way out of the state’s requirement, passed by voters in 2018 as an amendment to the Florida Constitution, that a citizens initiative is needed to expand casino gambling outside tribal land.

From

The pari-mutuel firms also sued DeSantis and leaders of the Florida Legislature, which authorized the compact, in a case pending before the Florida Supreme Court.

From

The pari-mutuel firms’ latest petition before the U.S.

From

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