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pari-mutuel |
Also found in: Dictionary/thesaurus, Medical | 0.04 sec. |
pari-mutuelBetting 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 c. 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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Every sector of the industry is also assessed in the handbook, from lotteries to riverboats, casinos to tribal gaming markets, slot machines to table games pari-mutuels to legal sports betting military casinos are also assessed. Representatives from the top companies in the industry --- Internet casinos, lotteries, sportsbooks and pari-mutuels, software companies, law firms, marketing and consulting companies that serve the industry and representatives from various jurisdictions such as Antigua, Alderney, Isle of Mann, Gibraltar, Malta and others --- will be on hand. IGWB is the world's leading publication devoted to casinos, lotteries, pari-mutuels and other forms of legalized gambling. |
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