ZebraWords.com - The Definition of 'Parimutuel', Synonyms of 'Parimutuel' & More on 'Parimutuel'

No results could be found matching the exact term parimutuel in the thesaurus.

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Dictionary Results for parimutuel:

1. WordNet® 3.0 (2006)

parimutuel
    n 1: betting where winners share the total amount wagered

2. The Collaborative International Dictionary of English v.0.48

parimutuel \par`i*mu"tu*el\ (p[a^]r`[i^]*m[=u]"ch[=oo]*[u^]l),
   n.
   A form of betting where winners share the total amount
   wagered, in proporation to their bets, and less a portion for
   the management; -- used commonly in betting at horse racing
   track. In parimutuel betting, the payoff for a bet does not
   have fixed odds, but depends on the amount bet on each
   outcome.
   [WordNet 1.5 +PJC]

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