- parimutuel
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adj. Of equal betting or wagering.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
parimutuel
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parimutuel — par i*mu tu*el (p[a^]r [i^]*m[=u] ch[=oo]*[u^]l), n. A form of betting where winners share the total amount wagered, in proporation to their bets, and less a portion for the management; used commonly in betting at horse racing track. In… … The Collaborative International Dictionary of English
parimutuel — [par΄ə myo͞o′cho͞o əl] n. 〚Fr pari mutuel < pari, a bet (< parier, to bet, orig., to equalize < LL pariare, to make equal < L par: see PAR1) + mutuel,MUTUAL〛 1 … Universalium
parimutuel — [par΄ə myo͞o′cho͞o əl] n. [Fr pari mutuel < pari, a bet (< parier, to bet, orig., to equalize < LL pariare, to make equal < L par: see PAR1) + mutuel,MUTUAL] 1. a system of betting on races in which those backing the winners divide,… … English World dictionary
parimutuel — par|i|mu|tu|el [ˌpæriˈmju:tʃuəl] n [Date: 1800 1900; : French; Origin: mutual bet ] 1.) [U] a system in which the money that people have risked on a horse race is shared between the people who have won ▪ parimutuel betting 2.) AmE a machine used… … Dictionary of contemporary English
Parimutuel betting — (from the French language: pari mutuel , mutual betting) is a betting system in which all bets of a particular type are placed together in a pool; taxes and a house take or vig are removed, and payoff odds are calculated by sharing the pool among … Wikipedia
parimutuel — noun a) 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. b) A machine used to record bets and… … Wiktionary
parimutuel(s) — A form of wagering originated in 1865 by Frenchman Pierre Oller in which all money bet is divided up among those who have winning tickets, after taxes, takeout and other deductions are made. Oller called his system Parier Mutuel meaning Mutual… … Equestrian sports dictionary
parimutuel — pærɪ mjuËtʃʊəl / tjÊŠÉ™l n. bet or wager in which the winners share the money of the losers … English contemporary dictionary
parimutuel — noun French 1 (U) a system in which the money that people have risked on a horse race is shared between the people who have won 2 (C) AmE a machine used to calculate the amount of money people can win by risking it on horse races; tote 2 BrE … Longman dictionary of contemporary English
parimutuel — /pærəˈmjutʃuəl/ (say paruh myoohchoohuhl) noun Chiefly US → totalisator. {French: mutual bet} …
