Mutuel Law and Legal Definition
Mutuel is a form of lottery in which the winning chances depends on the outcome of a future contingent event. Such type of lotteries is commonly found in connection with sports or horse racing.
The following is an example of a state statute (Hawaii) which defines the term Mutuel :
According to HRS § 712-1220(7), the term 'mutuel' means “a form of lottery in which the winning chances or plays are not determined upon the basis of a drawing or other act on the part of persons conducting or connected with the scheme, but upon the basis of the outcome or outcomes of a future contingent event or events otherwise unrelated to the particular scheme”.