- parimutuels
- 'pærɪ'mjuËtʃʊəl /-tjÊŠÉ™l n. bet or wager in which the winners share the money of the losers
English contemporary dictionary. 2014.
parimutuels
Look at other dictionaries:
parimutuel(s) — A form of wagering originated in 1865 by Frenchman Pierre Oller in which all money bet is divided up among those who have winning tickets, after taxes, takeout and other deductions are made. Oller called his system Parier Mutuel meaning Mutual… … Equestrian sports dictionary
