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PARIMUTUO

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19:42 Oct 23, 2005
This question was closed without grading. Reason: Answer found elsewhere

Spanish to English translations [PRO]
Law/Patents - Games / Video Games / Gaming / Casino / Gambling, drawing, bets
Spanish term or phrase: PARIMUTUO
"PARIMUTUO: Modalidad de apuesta en juegos o participación en sorteos de símbolos o números en que las posturas de los apostadores o participantes se acumulan en un fondo para repartir su monto entre los ganadores, una vez descontado un porcentaje que retiene el permisionario y que ha sido establecido previamente en el reglamento interno del permisionario"
Estaria bien traducir "PARIMUTUO" como "MUTUAL FUND"? COMMON FUND? No encuentro el termino. Alguna sugerencia? Mil gracias por adelantado :)
Maria Coonley
Local time: 17:19


Summary of answers provided
4 +4Parimutuel
xxxOso
5 +1parimutuel
David Russi


Discussion entries: 3





  

Answers


20 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
Parimutuel


Explanation:
Hola María,
Una idea que se basa en este glosario de juegos:

"Parimutuel or Pari-mutuel A common method of payoffs that splits the total available money between all winners of a particular prize level."

http://www.scigames.com/sgcorp/glossary.asp

No dudo ni descarto que haya otras posibilidades.

Buena suerte y saludos del Oso ¶:^)

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Note added at 2005-10-23 20:05:27 (GMT)
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Un sinónimo en el mismo glosario:

**Totalisator or Totalizator ** The system of betting on races (an automated system that dispenses and records betting tickets, calculates and displays odds and payoffs and provides the mechanism for cashing winning tickets) in which the winning bettors share the total amount bet, minus a percentage for the operators of the system, taxes etc. **Synonyms: Tote, Parimutuel.**


    Reference: http://www.scigames.com/sgcorp/glossary.asp
xxxOso
Native speaker of: Native in SpanishSpanish
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
agree  xxxtazdog: :-)
6 mins
  -> ¡Hola Cindy! Muchas gracias ¶:^)

agree  Refugio: but why capitalized? ;~}
56 mins
  -> Jiji ¶:^p Ni tan "capitalized", porque María decidió cerrar la pregunta sin dar puntos a nadie. ¶;^) Muchas gracias, Ruth. ¶:^)

agree  Deborah Workman: Would be all caps in Asker's context.
1 hr
  -> Muchas gracias, Deborah ¶:^)

agree  Georges Tocco
8 hrs
  -> Grazie mille, Georges ¶:^)
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20 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
parimutuel


Explanation:
parimutuel wagering/betting/gambling

ystem of cooperative wagering invented (c.1870) in France by Pierre Oller. According to the system, the holders of winning tickets divide the total amount of money bet on a race (the pool), after deductions for tax and racetrack expenses. The uniqueness of parimutuel betting lies in the fact that the gambling public itself determines the payoff odds (e.g., if many people have bet on the actual winner of a contest then the payoff will be low, simply because many winners will divide the pool). Parimutuel wagering is the accepted betting procedure at major horse-racing tracks throughout the world. Greyhound tracks and jai alai games also use the system. Considered a major deterrent to illegal bookmaking, the modern parimutuel system depends on high-speed electronic calculators, known as totalizators or tote boards, to record and display up-to-the-minute betting patterns.




    Reference: http://www.bartleby.com/65/pa/parimutu.html
David Russi
United States
Local time: 16:19
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
agree  Deborah Workman
1 hr
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