Totalizator meaning

tōt'l-ĭ-zā'tər
A machine for computing and showing totals, especially a pari-mutuel machine showing the total number and amounts of bets at a racetrack.
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A machine used in parimutuel betting for registering bets and, usually, computing the odds and payoffs while the bets are being placed.
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(US) A computer-like machine, at a racecourse, that registers bets and distributes the total amount bet among those who win.
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