parimutuel Synonyms
No Synonyms and anytonyms found
parimutuel Meaning
Wordnet
parimutuel (n)
betting where winners share the total amount wagered
parimutuel Sentence Examples
- Horse racing enthusiasts eagerly placed their bets in the parimutuel system, pooling their money to determine the winning payouts.
- The parimutuel wagering method ensured that the odds shifted dynamically based on the amount of money bet on each horse.
- The parimutuel system is a popular form of betting, found at racetracks and other gambling venues.
- Gamblers can place different types of bets within the parimutuel system, including win, place, and show bets.
- The parimutuel system calculates the payouts to winning bettors based on the total amount of money wagered and the number of winning tickets.
- The parimutuel wagering system provides a fair and impartial way to distribute winnings among bettors.
- Skillful bettors can use the parimutuel system to their advantage, studying the odds and making informed betting decisions.
- The parimutuel system has become an integral part of the horse racing industry, generating significant revenue for tracks and organizers.
- Some gambling jurisdictions have implemented regulations to ensure the integrity and fairness of parimutuel betting.
- The parimutuel system continues to be a popular and exciting way for racing fans to participate in the sport.
FAQs About the word parimutuel
betting where winners share the total amount wagered
No synonyms found.
No antonyms found.
Horse racing enthusiasts eagerly placed their bets in the parimutuel system, pooling their money to determine the winning payouts.
The parimutuel wagering method ensured that the odds shifted dynamically based on the amount of money bet on each horse.
The parimutuel system is a popular form of betting, found at racetracks and other gambling venues.
Gamblers can place different types of bets within the parimutuel system, including win, place, and show bets.
