pari-mutuel

[ par-i-myoo-choo-uhl ]

/ ˌpær ɪˈmyu tʃu əl /

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See synonyms for pari-mutuel on Thesaurus.com

noun

a form of betting and of handling the betting on horse races at racetracks, in which those holding winning tickets divide the total amount bet in proportion to their wagers, less a percentage for the management, taxes, etc.

Also called parimutuel machine . an electronic machine that registers bets in parimutuel betting as they are made and calculates and posts the changing odds and final payoffs.

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Origin of pari-mutuel

1880–85; <French: literally, mutual bet

Words nearby pari-mutuel

parietal thrombus, parietal wall, parieto-, parietography, parieto-occipital sulcus, pari-mutuel, Parinaud's oculoglandular syndrome, Parinaud's ophthalmoplegia, paring, paring chisel, paring gouge

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

How to use pari-mutuel in a sentence

In one post on her blog, paridust, the fashion blogger Pari Ehsan poses in front of a 1980s Keith Haring work.
She's Got the Look: How Pari Ehsan Marries Fashion and Art|Allison McNearney|August 26, 2014|DAILY BEAST
“A couple of times she has made me cry,” says Pari Moayer, a school nurse with bright eyes and a kind and soothing demeanor.
Bibi Aisha's Pain Isn't Over|Gayle Tzemach Lemmon|November 21, 2010|DAILY BEAST
To ensure the banks end up with the required $1.4 trillion, the government should put in capital pari passu with investors.
Stop the Bailout: Four Better Alternatives|Alan Quasha|March 11, 2009|DAILY BEAST

British Dictionary definitions for pari-mutuel

pari-mutuel

/ (ˌpærɪˈmjuːtjʊəl) /

noun plural pari-mutuels or paris-mutuels (ˌpærɪˈmjuːtjʊəlz)

a system of betting in which those who have bet on the winners of a race share in the total amount wagered less a percentage for the management
(as modifier)the pari-mutuel machine

Word Origin for pari-mutuel

C19: from French, literally: mutual wager

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012