pari-mutuel
[ par-i-myoo-choo-uh l ]
Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
EXAMPLES FROM THE WEB FOR PARI-MUTUEL
Betting was conducted by the totalisator, or pari-mutuel, the bet being five dollars, repeated as often as you liked.
So are the professional gamblers, the betting being on the pari-mutuel system.