pari-mutuel
Because it is a word with a single syllable, pari-mutuel is not hyphenated. The words that have a single syllable are called monosyllabic words.
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Definitions ofpari-mutuel
- Any betting system in which all bets of a particular type are placed together in a pool; taxes and a house take are removed, and payoff odds are calculated by sharing the pool among all placed bets.
- A booth used to place such bets, or a machine used to record bets and calculate payoffs.
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