- pari-mutuel, wagering
- pari m mutuel
English-French legislative terms. 2015.
pari-mutuel, wagering
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pari-mutuel betting — /pariy myuwty(u)wal betir)/ A form of wagering, generally on the outcome of horse or dog races, whereby all bets made on a particular race are pooled and then paid, less a management fee, to holders of winning tickets. Cramer v. New York State… … Black's law dictionary
pari-mutuel — (pah ree MYOO choo el) [French: mutual bet] A form of betting on horse races in which those with winning tickets share in the total amount wagered, less a percentage for the track and taxes. Eight states currently allow pari mutuel wagering … Dictionary of foreign words and phrases
pari-mutuel — /par i myooh chooh euhl/, n. 1. a form of betting and of handling the betting on horse races at racetracks, in which those holding winning tickets divide the total amount bet in proportion to their wagers, less a percentage for the management,… … Universalium
pari-mutuel — A method of wagering at race tracks, whereby those who bet on the winning horse share the total stakes less a percentage to the management. People v Monroe, 340 Ill 270, 182 NE 439, 85 ALR 605; Utah State Fair Asso. v Green, 68 Utah 251, 249 P… … Ballentine's law dictionary
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Balmoral Park — is a horse racing track located in Crete, Illinois, United States. The track hosts harness racing for most of the year except for a brief period in midsummer when the track is dark.History1925Col. Matt J. Winn, manager of Churchill Downs, came to … Wikipedia
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