mutuel

[myoo-choo-uhl]

noun

1. pari-mutuel.

mutuel

/ ˈmjuːtjʊəl /

noun

1. short for pari-mutuel

Word History and Origins

Origin of mutuel¹

Probably by false construal of pari as a prefix or adj.

Example Sentences

Santa Anita is having a good start to its current meeting with mutuel handle up.

From Los Angeles Times

But the Santa Anita mutuel handle appears to be up, benefiting from simulcast money that was originally supposed to go to Northern California.

From Los Angeles Times

If you wondered how HHR can crank out as many races as it can and still build a mutuel pool, it’s because of a model that you aren’t just playing people in the same room as you, but all over the country.

From Los Angeles Times

The move is not unexpected as the racing circuit’s initial foray into fall/winter racing was met with a mutuel handle less than expected and subsequently led to two purse cuts.

From Los Angeles Times

If there is not enough revenue by virtue of reduced mutuel handle, the TOC enters what’s counterintuitively known as an overpayment.

From Los Angeles Times