parimutuel (english) - meaning, definition, translation, pronunciation

Part of Speech

• Adjective

Phonetic Transcription

• /ˌpærɪˈmjuːtʃuːl/

Meaning and Usage

The term "parimutuel" refers to a system of betting in which all bets are placed together in a pool. The odds are determined by the number of bets placed and the pool’s total value. Once the betting is closed, the winnings are distributed among the winners. This method is commonly used in horse racing and other sports betting.

• Frequency of Use: "Parimutuel" is not a frequently used term in everyday conversation but is prevalent in contexts related to gambling, particularly horse racing, and is more common in written contexts, especially in betting laws and regulations.

Example Sentences

1. The parimutuel betting system allows for a fair distribution of winnings based on the total amount wagered.
   Система паримутеля позволяет справедливо распределять выигрыши на основе общей суммы ставок.

2. Before attending the races, he studied the parimutuel odds to make an informed bet.
   Перед тем как пойти на скачки, он изучил паримутельные коэффициенты, чтобы сделать обоснованную ставку.

3. Many states have legal regulations governing parimutuel betting to ensure transparency and fairness.
   Во многих штатах существуют юридические нормы, регулирующие паримутельные ставки, чтобы обеспечить прозрачность и справедливость.

Idiomatic Expressions

While "parimutuel" itself does not appear to form widely recognized idiomatic expressions, it is often related to the broader gambling lexicon. Here are some sentences that include related gambling idioms:

1. He's betting the farm on these parimutuel odds, hoping for a big win.
   Он ставит всё на эти паримутельные коэффициенты, надеясь на крупный выигрыш.

2. In this game, you have to know when to hold 'em and when to play the parimutuel card.
   В этой игре нужно знать, когда держать карты, а когда играть на паримутель.

3. That horse is the underdog in the parimutuel betting scene, yet it has a chance to surprise everyone.
   Эта лошадь - аутсайдер в паримутельных ставках, но у неё есть шанс удивить всех.

Etymology

The word "parimutuel" originates from the French term "pari mutuel," which translates literally to "mutual bet." This term came into usage in the late 19th century. The French term combines "pari" (bet) and "mutuel" (mutual), indicating that bettors are placing their bets together.

Synonyms and Antonyms

• Synonyms: pool betting, mutual betting
• Antonyms: fixed-odds betting

In conclusion, "parimutuel" is primarily used in contexts related to betting and gambling, particularly in horse racing, where a shared pool determines the payout odds. Its usage is more formal and technical compared to everyday language.