noun
- Plural of mutuel; a system of betting on horse races in which those who bet on the winning horse share the total amount wagered minus a percentage for the track.
Usage: Often used in the phrase 'pari-mutuels' or 'mutuels betting'; Common in horse racing contexts
Examples
- The racetrack operates mutuels betting windows throughout the day.
- She placed her bets through the mutuels system at the horse racing venue.
- Mutuels allow bettors to pool their money and share winnings proportionally.
- The track's mutuels generated significant revenue during the racing season.