mutuel
(redirected from mutuels)mutuel
(ˈmjuːtjʊəl)n
(Gambling, except Cards) short for pari-mutuel
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
par•i-mu•tu•el
or par•i•mu•tu•el
(ˌpær ɪˈmyu tʃu əl)n.
1. a form of betting on horse races, in which those holding winning tickets divide the total amount bet in proportion to their wagers.
2. Also called pari-mu′tuel machine′. an electronic machine that registers bets in pari-mutuel betting as they are made and calculates and posts the changing odds and final payoffs.
[1880–85; < French: literally, mutual bet]
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