Definitions
from The Century Dictionary.
- A mutual bet; in France, a system of betting in which each bettor places a sum specified (on the horse or contestant he chooses) in a pool. Those who bet on the winners divide the stakes, less a small percentage for expenses. Usually in the plural, paris mutuels.
from the GNU version of the Collaborative International Dictionary of English.
- noun 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
parimutuel betting, the payoff for a bet does not have fixed odds, but depends on the amount bet on each outcome.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun Any
betting system in which all bets of a particular type are placed together in apool ; taxes and a house take are removed, and payoff odds are calculated by sharing the pool among all placed bets. - noun A machine used to record bets and calculate payoffs.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun betting where winners share the total amount wagered
Etymologies
Sorry, no etymologies found.
Support
Help support Wordnik (and make this page ad-free) by adopting the word parimutuel.
Examples
-
They also allow for risk, known as "parimutuel" betting.
-
The public-private partnership would pool resources to tackle complicated betting security problems such as parimutuel "pool" manipulation, money laundering and network security.
-
They also allow for risk, known as "parimutuel" betting.
-
In the resulting global parimutuel mall, antitrust concerns would be obsolete.
Eric K. Clemons: Third Party Payer Systems: The Most Significant Regulatory Problem in the Online World? Eric K. Clemons 2011
-
In the resulting global parimutuel mall, antitrust concerns would be obsolete.
Eric K. Clemons: Third Party Payer Systems: The Most Significant Regulatory Problem in the Online World? Eric K. Clemons 2011
-
That number doesn't include revenue from parimutuel betting on the races.
-
Penn National, the nation's largest parimutuel gaming company, agreed Friday to pay $10.2 million for bankrupt Rosecroft Raceway in Oxon Hill, hoping to bring slots to the failed harness racing track and, at the same time, revive racing.
Penn National to buy Rosecroft Raceway for $10.2 million, with goal to add slots at track Miranda S. Spivack 2011
-
In the resulting global parimutuel mall, antitrust concerns would be obsolete.
Eric K. Clemons: Third Party Payer Systems: The Most Significant Regulatory Problem in the Online World? Eric K. Clemons 2011
-
Penn National, the nation's largest parimutuel gaming company, agreed Friday to pay $10.2 million for bankrupt Rosecroft Raceway in Oxon Hill, hoping to bring slots to the failed harness racing track and, at the same time, revive racing.
Penn National to buy Rosecroft Raceway for $10.2 million, with goal to add slots at track Miranda S. Spivack 2011
-
Penn National, the nation's largest parimutuel gaming company, agreed Friday to pay $10.2 million for bankrupt Rosecroft Raceway in Oxon Hill, hoping to bring slots to the failed harness racing track and, at the same time, revive racing.
Penn National to buy Rosecroft Raceway for $10.2 million, with goal to add slots at track Miranda S. Spivack 2011
Comments
Log in or sign up to get involved in the conversation. It's quick and easy.