Totalizator: meaning, definitions and examples
๐ฐ
totalizator
[ toสtษlษชหzeษชtษr ]
betting system
A totalizator, often referred to as a tote, is a type of betting system used primarily in horse racing and other types of betting. It collects all bets placed on a particular event, calculates the payout based on the amount wagered, and distributes winnings among the bettors after taking a percentage for the house. This system operates on the principle of mutual betting, meaning that all bets are pooled together. The odds fluctuate based on the betting patterns of participants, making it a dynamic system for gamblers.
Synonyms
betting pool, pari-mutuel, tote.
Examples of usage
- I placed my bet at the totalizator before the race began.
- The totalizator calculates the winners' share based on the total amount bet.
- Many racetracks use a totalizator for fair payouts.
- He was excited to see the totalizator results after the horse race.
Translations
Translations of the word "totalizator" in other languages:
๐ต๐น totalizador
๐ฎ๐ณ เคเฅเคเคฒเคพเคเคเคผเคฐ
๐ฉ๐ช Totalisator
๐ฎ๐ฉ totalisator
๐บ๐ฆ ัะพัะฐะปัะทะฐัะพั
๐ต๐ฑ totalizator
๐ฏ๐ต ใใผใฟใฉใคใถใผ
๐ซ๐ท totalisateur
๐ช๐ธ totalizador
๐น๐ท totalizatรถr
๐ฐ๐ท ํ ํ๋ฆฌ์ํฐ
๐ธ๐ฆ ุชูุชุงููุฒุงุชูุฑ
๐จ๐ฟ totalizรกtor
๐ธ๐ฐ totalizรกtor
๐จ๐ณ ๆปๆๆณจๆบ
๐ธ๐ฎ totalizator
๐ฎ๐ธ totalizator
๐ฐ๐ฟ ัะพัะฐะปะธะทะฐัะพั
๐ฌ๐ช แขแแขแแแแแแขแแ แ
๐ฆ๐ฟ totalizator
๐ฒ๐ฝ totalizador
Etymology
The term 'totalizator' originated from the French word 'totalisateur', which means 'to total' or 'to sum up'. It was first used in the context of betting in the early 20th century, particularly in association with horse racing. The concept of pooling bets to determine payouts has been a part of betting culture for centuries, but the modern totalizator system was refined with advances in technology in the 1960s and 1970s. This allowed for more sophisticated tracking of bets and payouts. The totalizator system gained popularity in various countries and became a standard for legal betting operations, especially in racetracks. Over time, the term has been adopted in different languages, maintaining its core idea of a system where bets are pooled together, with the payouts determined by the collective outcome.