[kee-nel-uh, kwi-]
a type of bet, especially on horse races, in which the bettor, in order to win, must select the first- and second-place finishers without specifying their order of finishing.
a race in which such bets are made.
Also, quinela, quiniela.
Compare exacta.

1940–45, Americanism; < American Spanish quiniela, equivalent to Spanish quin(a) (< French quine keno) + -iela noun suffix

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World English Dictionary
quinella (kwɪˈnɛlə)
(Austral), (NZ) a form of betting on a horse race in which the punter bets on selecting the first and second place-winners in any order
[from American Spanish quiniela a game of chance]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Word Origin & History

form of betting in which the bettor picks the first and second horses in a given race, 1942, Amer.Eng., from Amer.Sp. quiniela, originally a ball game with five players, from L. quini "five each," from quinque "five." The sense evolution in Sp. was from the game to a wager on the scores of the players,
hence "any wager against the house."
Online Etymology Dictionary, © 2010 Douglas Harper
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