totalisator

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English[edit]

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Noun[edit]

totalisator (plural totalisators)

  1. (UK) the computerised system which runs parimutuel betting, calculating payoff odds, displaying them, and producing tickets based on incoming bets.
    • 1955, J.L. Austin, How To Do Things With Words
      For example, I may in some places effect marriage by cohabiting, or I may bet with a totalisator machine by putting a coin in the slot.

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