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 ?
43) By 1907, the Women's Christian Temperance Union presented Parliament with 36,471 signatures to abolish the totalisator.
The doubles totalisator was prohibited as were communications to the racetrack via telephone or telegraph and even notifications inducing betting.
It decides how to distribute surplus revenue after payment of successful bets and dividends, goods and services tax, totalisator duty and its operating expenses.
Racing betting" includes all betting on races run at racecourses within and outside New Zealand; (89) and includes totalisator, equalisator and fixed-odds betting.
In Official Assignee v Totalisator Agency Board, (106) the Court stated that while "[t]he Totalisator Agency Board is a creation of statute" (107) the particular transaction in that case was between Mrs R as an individual and the TAB as agent for the particular club conducting the race to which the transaction related.
135) However, as bookmaking became illegal, the sport became less popular despite cries for the legalisation of an on-course totalisator.