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ENGLISH DICTIONARY
Pari-mutuel
/ˌpaɹiˈmjuːtʃʊəl/ · noun
Meaning
(horse racing) 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..
Definitions by Sense
(horse racing) 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.
Example Sentences
There is also a pari-mutuel option. You and a friend can wager that you will each lose 15 pounds over the next two months. If you both succeed, the money is returned. But if one fails while the other succeeds, then the loser pays the winner. If you both fail, then the one who loses the most is the winner.
The Italian were full of manners and McAdams talked to Catherine while we went down to bet again. Mr Meyers was standing near the pari-mutuel.
Pari-mutuel means (horse racing) 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..
What is a synonym for pari-mutuel?
The closest synonym depends on the sentence and intended sense.
What is the opposite of pari-mutuel?
The opposite depends on the specific sense.
How do you use pari-mutuel in a sentence?
There is also a pari-mutuel option. You and a friend can wager that you will each lose 15 pounds over the next two months. If you both succeed, the money is returned. But if one fails while the other succeeds, then the loser pays the winner. If you both fail, then the one who loses the most is the winner.