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WORDNET DICTIONARY
CIDE DICTIONARY
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parimutuel

WORDNET DICTIONARY

Noun parimutuel has 1 sense

CIDE DICTIONARY

parimutueln. 
     A form of betting where winners share the total amount wagered, in proporation to their bets, and less a portion for the management; -- used commonly in betting at horse racing track. In parimutuel betting, the payoff for a bet does not have fixed odds, but depends on the amount bet on each outcome.  [WordNet 1.5]
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