par‧i‧mu‧tu‧el /ˌpæriˈmjuːtʃuəl/ noun
[Date: 1800-1900; Language: French; Origin: 'mutual bet']

1. [uncountable] 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. [countable] American English a machine used to calculate the amount of money that people can win when they risk it on horse races

[TahlilGaran] Dictionary of Contemporary English ▲