PARI-MUTUEL Meaning of PARI-MUTUEL in English [ ˌpα:rɪ'mju:tʃʊəl , -'tjʊəl ]■ noun a form of betting in which those backing the first three places divide the losers' stakes.OriginFr., lit. 'mutual stake'. Concise Oxford English vocab. Сжатый оксфордский словарь английского языка. 2004