mutuel(redirected from mutuels)
(Gambling, except Cards) short for pari-mutuel
or par•i•mu•tu•el(ˌpær ɪˈmyu tʃu əl)
1. a form of betting on horse races, in which those holding winning tickets divide the total amount bet in proportion to their wagers.
2. Also called pari-mu′tuel machine′. an electronic machine that registers bets in pari-mutuel betting as they are made and calculates and posts the changing odds and final payoffs.
[1880–85; < French: literally, mutual bet]