What does Pari-Mutuel mean in horse racing betting?
Pari-mutuel betting is a form of pool betting that doesn’t use fixed odds.
We study sequential parimutuel betting markets with asymmetrically informed bettors, using an experimental approach.
When you're placing a bet on horse racing, you're not betting against the house (with fixed odds) like you normally do.
Longitude is our Enhanced Pari-mutuel Calculation Technology.
This feature is only available with the following products: Parimutuel betting is frequently used for club events where members (and others) can bet on teams and players.
Online horse racing betting is legal in most US states.
We explain the different types of sports betting and how they work.
With complicated, ever-changing win rates and different types of bets, it can be difficult to figure out how horse racing bets actually work.
Definition of pari-mutuel from Dictionary.com, the world’s leading online source for English definitions, pronunciations, word origins, idioms, Word of the Day, and more.