
pari mutuel
pari-mutuel noun. [parimytɛl (pl. same); pɑ:rɪ'mju:tʃʊǝl, -tjʊǝl]
Irregular Forms: (pl) paris-mutuels
pari-mutuel noun.
[parimytɛl (pl. same); pɑ:rɪ'mju:tʃʊǝl, -tjʊǝl] L19.[French = mutual stake or wager. Cf. MUTUEL.]1. A form of betting in which those backing the first three places divide the losers' stakes.
L19.2. A booth for placing bets under this system; a totalizator.
E20. [TahlilGaran] English Dictionary ▲