totalizator

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totalizator

, totalizer, totalisator, totaliser
1. a system of betting on horse races in which the aggregate stake, less an administration charge and tax, is paid out to winners in proportion to their stake
2. the machine that records bets in this system and works out odds, pays out winnings, etc.
3. an apparatus for registering totals, as of a particular function or measurement
References in periodicals archive ?
Doubles totalisators, publication of tips and dividends, and telephone betting were all permitted.
It recommended that totalisators be adopted once greyhound racing was able to provide the necessary financial arrangements and had a robust administrative structure.
Tracking Totalisators and Bookmakers across Legal and Illegal Gambling Markets", MA Thesis, University of Canterbury, 2007
2) Legalised sports betting in Singapore is currently administered by the Singapore Totalisator Board.
As of 1 April 2004, the Singapore Totalisator Board (or Tote Board) acquired Singapore Pools from Temasek Holdings.
The changes that were adopted were more modest and, last year, in its submission to the gambling review body, the BGRB recommended that "Off-course punters be allowed to bet on greyhound races direct into the totalisator pool based at the track".