Word: Pari-mutuel Machine
Definition: A pari-mutuel machine is a type of computer used at racetracks or betting places that keeps track of bets (money people gamble) and distributes the total amount of money among those who win.
Usage Instructions:
When to Use: You would use the term "pari-mutuel machine" when talking about betting, especially in horse racing, dog racing, or similar sports where people place bets on the outcomes.
How to Use: You can refer to this machine when explaining how betting works or when discussing a day at the races.
Example Sentence:
"At the horse racing event, I placed my bet using a pari-mutuel machine, and if my horse won, I would share in the total prize money."
Advanced Usage:
Word Variants:
Pari-Mutuel Betting: This refers to the betting system itself, where all bets are pooled together and winnings are distributed based on the total bets.
Pari-Mutuel Wagering: This is another term for betting in the pari-mutuel system.
Different Meanings:
The term "pari-mutuel" comes from French, meaning "mutual betting." While it primarily refers to a betting system, it can also describe a broader category of collective betting practices.
Synonyms:
Idioms and Phrasal Verbs:
While there are no specific idioms or phrasal verbs directly related to "pari-mutuel machine," here are a couple of terms related to betting: - "Bet on a sure thing": Meaning to place a bet on something that is very likely to win. - "Go for broke": Meaning to risk everything on a bet or investment.