pari-mu·tu·el
| \ ˌper-i-ˈmyü-chə-wəl
, -chəl, ˌpa-ri-; -ˈmyüch-wəl \
, -chəl, ˌpa-ri-; -ˈmyüch-wəl \
Definition of pari-mutuel
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
Learn More About pari-mutuel
Statistics for pari-mutuel
Look-up Popularity
Cite this Entry
“Pari-mutuel.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pari-mutuel. Accessed 18 May. 2022.
Style: MLA
MLA
Chicago
APA
Merriam-Webster
Chicago
APA
Merriam-Webster
Test Your Vocabulary
Eponyms: Words Named After People
-
- What is the best definition of boycott?
Test your vocabulary with our 10-question quiz!
TAKE THE QUIZ
A daily challenge for crossword fanatics.
TAKE THE QUIZLove words? Need even more definitions?
Merriam-Webster unabridged
Words at Play
-
You're (Probably) Saying It Wrong
18 words even you might be mispronouncing
-
Great Big List of Beautiful & Useless Words
Along with their degrees of usefulness
-
What's the Difference?
These words shouldn't be used interchangeably
-
Words For Things You Didn't Know Have Names
When 'thingamajig' and 'thingamabob' just won't do
Ask the Editors
Word Games
-
Face Your Fears
Don't be scared to answer these questions about f...
Take the quiz
-
Figure Out These Acronyms ASAP
You don't have to be a NASA engineer to get these...
Take the quiz
-
Yearbook Superlatives Quiz
"Most Likely to Use Obscure Words"
Take the quiz
-
How Strong Is Your Vocabulary?
The faster you answer, the higher your score
Take the quiz
Share pari-mutuel
Time Traveler for pari-mutuel
The first known use of pari-mutuel was in 1881
See more words from the same year