Parimutuel

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Wiktionary, Creative Commons Attribution/Share-Alike License
  • n. 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.
  • n. A machine used to record bets and calculate payoffs.
    • the GNU version of the Collaborative International Dictionary of English
  • 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 parimutuel betting, the payoff for a bet does not have fixed odds, but depends on the amount bet on each outcome.
    • The Century Dictionary and Cyclopedia
  • 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.
    • WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
  • n. betting where winners share the total amount wagered
    • Hypernym
    Words that are more generic or abstract
    bet    wager   
    Cross Reference
    breakage   
    Rhyme
    Words with the same terminal sound
    mutual   
    Same Context
    Words that are found in similar contexts
    online-casino-gambling.html    transporters'    tenpenny    'tll    ready money   
     
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