[ par-i-myoo-choo-uhl ]
See synonyms for pari-mutuel on
  1. 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.

  2. 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.

Origin of pari-mutuel

1880–85; <French: literally, mutual bet

Words Nearby pari-mutuel Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use pari-mutuel in a sentence

  • There is a Pari Mutuel a little way down the course; or shall we back the horse in the ring?

    Evelyn Innes | George Moore
  • Betting was conducted by the totalisator, or pari-mutuel, the bet being five dollars, repeated as often as you liked.

  • So are the professional gamblers, the betting being on the pari-mutuel system.

British Dictionary definitions for pari-mutuel


/ (ˌpærɪˈmjuːtjʊəl) /

nounplural 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

Origin of 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