parimutuel

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A form of pari-mutuel — Any betting system in which all bets of a particular type are placed together in a pool; taxes and a house take are removed, and payoff odds are calculated by sharing the pool among all placed bets.

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Meanings

nounparimutuel (plural parimutuels)

plural parimutuels

  1. alternativeAlternative form of pari-mutuel.
Cite this entry
APA

parimutuel. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/parimutuel

MLA

“parimutuel.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/parimutuel. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “parimutuel,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/parimutuel.

Source: parimutuel on Wiktionary, CC BY-SA 4.0.