totalisator

IPA: toʊtæɫɪsˈeɪtɝ

noun

  • (UK) the computerised system which runs parimutuel betting, calculating payoff odds, displaying them, and producing tickets based on incoming bets.
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Examples of "totalisator" in Sentences

  • They use Phumelela's widely publicised race results and totalisator dividends as the basis for their open bets.
  • No persons shall conduct a totalisator except with a totalisator licence, while no person shall carry on the business of
  • This is after totalisator Phumelela Gaming and Leisure claimed the exploitation of its dividend results by bookmakers André
  • The take-out on the totalisator on bets on sporting events was fixed at 15 per cent and 20 per cent respectively on non-exotic and exotic bets.
  • One N.C.O. entered a mule whose chance was esteemed so lightly that the owner-rider was the sole purchaser of a twenty-piastre (4s.) ticket at the totalisator.
  • Infield Odds Board - The board in the infield of a racetrack is called the totalisator board and displays uptodate odds along with the dollar amounts wagered on each horse in a race.
  • The idea reportedly was put forward by the Finance Ministry the previous day and will affect all forms of gambling in Bulgaria, including the sports totalisator, Eurofootball and bingo games.
  • There was even a totalisator for those, which meant everybody who could obtain an advance on his pay-book, who liked what is called in racing circles "a flutter"; and there were always several amateur "bookies" as well.
  • In his judgment, Chief Justice Pius Langa wrote that the SCA had found that legislation from as far back as 1961 not only did not consider it offensive for bookmakers to use totalisator dividends in calculating the payouts on exotic bets, but expressly permitted the conduct.

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