Meaning Of The Word Pari-mutuel
What's the definition of Pari-mutuel? Find Pari-mutuel meanings, definitions and more at the Real Dictionary online.
Pari-mutuel Meaning
| Pari-mutuel Definition |
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What's The Definition Of Pari-mutuel?
pari-mutuel in American English
noun: a form of betting and of handling the betting on horse races at racetracks, in which those holding winning tickets divide the total amount bet in proportion to their wagers, less a percentage for the management, taxes, etc pari-mutuel in British English noun: a system of betting in which those who have bet on the winners of a race share in the total amount wagered less a percentage for the management |
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