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Examples of parimutuel
parimutuel
Delaware's system is modeled on horse racing's familiar parimutuel pool method.
From the time.com
First, Waterfield favored a tax on parimutuel betting, while Clements opposed it.
From the en.wikipedia.org
When parimutuel betting was introduced in 1908, the racing industry turned around.
From the en.wikipedia.org
When horse racing began in Kentucky, there were simple win-place-show parimutuel bets.
From the kentucky.com
In parimutuel wagering, all of the money bet on a race goes into a pool.
From the delawareonline.com
Between 1977 and 2006 parimutuel betting on horses in America fell by 52% in real terms.
From the economist.com
This is similar to parimutuel wagering in horse racing and dog racing.
From the en.wikipedia.org
Wagering may take place through parimutuel pools, or bookmakers may take bets personally.
From the en.wikipedia.org
States are not as greedy in their takeouts from parimutuel betting at horse and dog tracks.
From the time.com
- Betting where winners share the total amount wagered
- Parimutuel betting (from the French language, or mutual betting) is a betting system in which all bets of a particular type are placed together in a pool; taxes and a house "take" or "vig" are removed, and payoff odds are calculated by sharing the pool among all winning bets. ...
- (Parimutuels) Taxes measured by amounts wagered at race tracks, including breakage collected by the government.
- A system of wagering in which the total money wagered is distributed to winning ticket holders, less a fixed percentage returned for race track management, state tax and the racing industry. So, fans are wagering against each other and not the track.
- Pari-mutuel returns are determined by the French totalisator and are often paid by UK bookmakers on major events that take place in France.
- Means "betting among ourselves." Type of wagering system at greyhound, thoroughbred, harness and jai alai facilities.
- A means of gambling on races in which all bets are pooled and winners are paid according to size of pool and the number of other winners. Often shortened in US to mutuel.
- The form of wagering used at Colonial Downs whereby players wager against each other, not against the "house"
- A form of wagering in which multiple winning tickets divide the total amount won in proportion to shares.
