parimutuel betting

parimutuel betting (par-i-myoo-choo-[schwa]l). A system of gambling in which bets placed on a race are pooled and then paid (less a management fee and taxes) to those holding winning tickets. [Cases: Gaming 1.]

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词条贡献者

双语律师郭敏，国际知名商学院金融专业，擅长翻译各类与金融衍生品与结构化产品相关的法律文件。