pari-mutuel

English - Turkish

Definition of pari-mutuel in English Turkish dictionary: at yarışı bahisi; at yarısı bahisi
parimutuel: at yanşlarında kaybedenlerin paralarının kazananlara dağıtıldığı bir çeşit müşterek bahis

English - English

Definition of pari-mutuel in English English dictionary: 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. First introduced in France 1870, it soon became one of the most popular methods of betting on horse races internationally. Today computers calculate betting pools and current odds on each horse and flash the figures to the public at regular intervals. The system is used largely for off-track betting. Pari-mutuel betting is also practiced in dog racing and jai alai
pari-mutuel machine: {i} totalizer, computer that records bets and divides the total amount wagered between all those who won
pari-mutuel machine: computer that registers bets and divides the total amount bet among those who won
parimutuel: 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
parimutuel: A machine used to record bets and calculate payoffs
pari mutuel: {i} bet or wager in which the winners share the money of the losers; pari-mutuel machine
parimutuel: betting where winners share the total amount wagered
parimutuel: {i} bet or wager in which the winners share the money of the losers
parimutuel: A 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