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Definitions from WordNet

Definitions from the Web

Pari-Mutuel

Description:

Pari-Mutuel is a betting system used in gambling and horse racing, where all bets of a particular type are placed together in a pool. The winning payout is determined by the total amount of money wagered and the number of winning bets.

Sample Sentences:

1. He placed a winning pari-mutuel bet on the horse that had the highest odds.
2. The racetrack offers pari-mutuel wagering on various horse races throughout the day.
3. The pari-mutuel system ensures the odds are constantly updated based on the bets placed.

Related Products:

• Pari-Mutuel Betting System
• Horse Racing Guide
• Gambling Books