Share this entry
pari-mutuel Syllabification: par·i-mu·tu·el
Pronunciation: /ˌperəˈmyo͞oCH(əw)əl/
(also parimutuel)

Definition of pari-mutuel in English:


[often as modifier]
A form of betting in which those backing the first three places divide the losers' stakes (less the operator’s commission): pari-mutuel betting
More example sentences
  • We've moved from a pari-mutuel form of betting on sport, to a fixed-odds betting form.
  • The lottery prize pool would be divided appropriately, pari-mutuel style, among the winning lottery players.
  • Although Universal Prince remains in the two-mile race, several bookmakers and Victoria's pari-mutuel suspended betting on last season's champion three-year-old colt.


French, literally 'mutual stake'.

Definition of pari-mutuel in:
Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Subscribe to remove ads and access premium resources