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- - american racing terms?? (http://forums.ozmium.com.au/showthread.php?t=20608)

birdpeter

10th October 2010 11:08 AM

american racing terms??

i'm reading dick mitchell's book on racing can someone explain the following word
and sentence

He uses the word MUTUEL he uses it in the following sentence can someone
explain this sentence to me

" a person is a 30% handicapper at an average MUTUEL of $7 " ?????

Shaun

10th October 2010 11:55 AM

I did a bit of checking and it could be this Parimutuel betting as that's all they have in the US

TheAvenger

15th October 2010 10:52 AM

The mutual they are talking about is the average win dividend a handicapper is able to maintain and at a 30% strike rate. I am a yank, so there you have it. I had to learn the racing terms in Oz a few years ago, so I understand the confusion. Good luck to you!

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