Words Like PARIMUTUEL

We have put together a list of words that are similar to PARIMUTUEL.

2 Alternative Words Similar to parimutuel

1 Bet Noun Synonym Words Like Bet

2 Wager Noun Synonym Words Like Wager

4 definitions of parimutuel

1 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.

2 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.

3 A machine used to record bets and calculate payoffs.

4 betting where winners share the total amount wagered

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