Definition of Parimutuel

1. Noun. Betting where winners share the total amount wagered.

Generic synonyms: Bet, Wager

Definition of Parimutuel

1. Noun. 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. ¹

2. Noun. A machine used to record bets and calculate payoffs. ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Parimutuel

parieto-occipital fissure
parieto-occipital sulcus
parietofrontal
parietography
parietomastoid
parietomastoid suture
parietooccipital
parietopontine tract
parietosphenoid
parietosplanchnic
parietosquamosal
parietotemporal
parietovisceral
parigenin
parillin
parimutuel (current term)
parimutuels
parinaric
parinaric acid
parinaud syndrome
paring
paring knife
paring knives
parings
paripinnate
paris
parises
parish
parish church
parish house

Literary usage of Parimutuel

Below you will find example usage of this term as found in modern and/or classical literature:

1. Transactions of the Commonwealth Club of California by Commonwealth Club of California (1903)
"The tracks are, in effect, paying a special tax in return for the privilege of parimutuel betting, without which racing would attract far fewer people. ..."

2. Southeast Florida by Sharon Spencer (1998)
"At Hollywood Greyhound Track, fleet-footed greyhounds chase a mechanical rabbit nightly from December 26 to April 26 for parimutuel wagering. ..."

3. Occupational Outlook Handbook, 1996-1997 by DIANE Publishing Company (1996)
"... courtesy booth 234 4364 Money counter 234 4364 parimutuel-ticket cashier 234 4364 parimutuel-ticket seller 234 4364 Sheet writer 234 4364 Ticket seller ..."

4. House Bills of House of Delegates of the State of West Virginia for the by West Virginia, House of Delegates, Legislature (1921)
"... may in its discre- 3 tion permit the use during such meetings of what is known as 4 parimutuel machines to be used during such meeting, ..."

5. National Gambling Impact Study Commission Final Report: Congressional Hearing edited by Ben Nighthorse Campbell (2001)
"The Commission was charged with studying the social and economic impacts of State lotteries, casinos, parimutuel betting, Indian gaming and other forms of ..."

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