bn:00060673n
Noun Concept
Categories: Gambling terminology, Sports betting, Wagering, Horse racing terminology, 1867 introductions
EN
parimutuel  parimutuel betting  Exactor  paramutuel  pari-mutuel gambling
EN
Betting where winners share the total amount wagered WordNet 3.0
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EN
Betting where winners share the total amount wagered WordNet 3.0 & Open English WordNet
Parimutuel betting or pool betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the "house-take" or "vigorish" are deducted, and payoff odds are calculated by sharing the pool among all winning bets. Wikipedia
Betting system in which all bets of a particular type are placed together in a pool Wikidata