pari-mutuel

noun

pari-mu·​tu·​el ˌper-i-ˈmyü-chə-wəl How to pronounce pari-mutuel (audio)
-chəl,
ˌpa-ri-;
-ˈmyüch-wəl
1
: a betting pool in which those who bet on competitors finishing in the first three places share the total amount bet minus a percentage for the management
2
: a machine for registering the bets and computing the payoffs in pari-mutuel betting

Examples of pari-mutuel in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
In California, prize payout amounts are pari-mutuel, meaning it's determined by the sales and the number of winners. Haadiza Ogwude, Cincinnati Enquirer, 6 Sep. 2025 Powerball tickets matching five numbers, but missing the Powerball number, sold in other states are worth $1 million or $2 million, but payout amounts in California are on a pari-mutuel basis under state law and determined by sales and the number of winners. City News Service, Oc Register, 4 Sep. 2025 In California, prize payout amounts are pari-mutuel, meaning it's determined by the sales and the number of winners. Haadiza Ogwude, The Enquirer, 1 Sep. 2025 Florida voters in 2004 approved a constitutional amendment allowing pari-mutuel facilities to add slots in Broward and Miami-Dade if voters in the counties agreed in local referendums. Dara Kam, Sun Sentinel, 6 Aug. 2025 By December, 1930, numbers bankers were using the pari-mutuel total—the sum wagered on a particular horse—to determine the day’s number. Adam Gopnik, New Yorker, 4 Aug. 2025 The most significant difference between sportsbooks and race books is that betting at race books can involve pari-mutuel betting. Max Meyer, New York Times, 2 May 2025 Prize amounts are pari-mutuel in the state, so prizes are based on ticket sales and number of winners. Helena Wegner, Sacbee.com, 8 Apr. 2025

Word History

Etymology

French pari mutuel, literally, mutual stake

First Known Use

1881, in the meaning defined at sense 1

Time Traveler
The first known use of pari-mutuel was in 1881

Browse Nearby Words

Cite this Entry

“Pari-mutuel.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pari-mutuel. Accessed 16 Sep. 2025.

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