Definitions
Century Dictionary and Cyclopedia
- A mutual bet; in France, a system of betting in which each bettor places a sum specified (on the horse or contestant he chooses) in a pool. Those who bet on the winners divide the stakes, less a small percentage for expenses. Usually in the plural, paris mutuels.
Wiktionary
- n. 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.
- n. A machine used to record bets and calculate payoffs.
GNU Webster's 1913
- 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 3.0
- n. betting where winners share the total amount wagered
Examples
“The public-private partnership would pool resources to tackle complicated betting security problems such as parimutuel "pool" manipulation, money laundering and network security.”
“They also allow for risk, known as "parimutuel" betting.”
“That number doesn't include revenue from parimutuel betting on the races.”
“Penn National, the nation's largest parimutuel gaming company, agreed Friday to pay $10.2 million for bankrupt Rosecroft Raceway in Oxon Hill, hoping to bring slots to the failed harness racing track and, at the same time, revive racing.”
“In the resulting global parimutuel mall, antitrust concerns would be obsolete.”
“Most of the money was paid in early 2008, weeks after Rivera -- then a member of the Florida House of Representatives -- helped run a political campaign backed by the dog track to win voter approval for Las Vegas-style slot machines at parimutuel venues in Miami-Dade County.”
USA Today: Report: Secret payments to Fla. dog track investigated
“Usually its the likes of rounders Phil Helmuth or Jackie Chan on the cover of poker magazines, but this month the award-winning Ante Up magazine features lobbyist Marc Dunbar, "one of the most powerful players in Florida gaming, yet he doesn't own a casino or parimutuel facility.”
Lobbyist Marc Dunbar featured in this month's issue of Ante Up (poker) magazine
“Is there ever a situation in a parimutuel betting system in which you would want to bet on a horse to win, even though you knew for sure that the horse would lose the race?”
A Freakonomics Quiz for Horse Players - Freakonomics Blog - NYTimes.com
“Hint #1: It does not involve arbitrage between the parimutuel pool and any other odds.”
Still Looking for My Answer on the Horse Betting Quiz - Freakonomics Blog - NYTimes.com
“Gotta agree with the traders, whose words would have had more force had they thought to include the bankers and Wall Street's parimutuel bettors in their condemnation.”
Lists
These user-created lists contain the word ‘parimutuel’.
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250 Extra Spelling Words
Some more words for intermediate and advanced spellers.
cultellarius, barouche, palanquin, badelaire, cavetto, tregetour, tergiversate, rhododendron, rhadamanthine, thyrsus, cappelletti, bradycardia and 238 more...
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Interesting words
A list of words that are odd or words that I have looked up.
concupiscence, brize, scree, scoria, forestaff, spanaemia, valetudinarianism, distasture, pyrethrum, laudanum, gentian, bicameral and 11184 more...
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kewpid's Words
moleskine, araldite, dessicate, cellar door, grotesque, fallacy, vendetta, raindrop, panacea, ethereal, hircus, treppenwitz and 446 more...
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A spoonful of sugar
Words I should learn/I want to learn/I just learned, with a quotation to help the medicine go down.
approbation, assuage, chicanery, abscond, effrontery, enervation, equivocate, ennui, aftertaste, filibuster, perfunctory, abide and 391 more...
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msc's Words
pugilist, threepeat, bloviate, palaver, syncreism, pastiche, eschatology, peripatetic, glossolalia, busker, nudnik, troglodyte and 213 more...
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Australian
words not found in other
dictionaries,these are from Macquarie
Dictionary and not playable in
scrabbleabdul, abdulled, abdulling, abi, abiu, ablactate, absinthial, absinthian, absoluter, acalypha, acanthodian, acaroids and 5128 more...
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scottcancan's Words
meconium, tole, onomatopoeia, litotes, wassailing, edifying, beatific, diaspora, lacadaisical, pontificate, verily, cloaca and 81 more...
Tweets
Looking for tweets for parimutuel.
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