Pari-Mutuel


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Related to Pari-Mutuel: trifecta, quinella

Pari-Mutuel

 

(also totalizator or totalizer), in horse racing, a calculator that indicates the total bets made on a given horse and the grand total of bets. The term “pari-mutuel” may also refer to the office that receives bets and pays winnings on horses, and to the game of betting itself.