mutuel

[ myoo-choo-uhl ]

noun

1. pari-mutuel ( def 1 ).

mutuel

/ ˈmjuːtjʊəl /

noun

1. short for pari-mutuel

Word History and Origins

Origin of mutuel¹

Probably by false construal of pari as a prefix or adj.

Example Sentences

If there is not enough revenue by virtue of reduced mutuel handle, the TOC enters what’s counterintuitively known as an overpayment.

From Los Angeles Times

It actually represents the shortfall in revenue to fund purse money based on a reduction in mutuel handle, the amount of money bet on races, and other related revenue sources.

From Los Angeles Times

And without big purses, you don’t get as many horses, which cuts back on mutuel handle, the engine that drives racetrack profits.

From Los Angeles Times

Total mutuel handle was $1,372,007.

From Seattle Times

The mutuel handle was $966,793.

From Seattle Times