Associations to the word «Totalisator»

Wiktionary

TOTALISATOR, noun. (UK) the computerised system which runs parimutuel betting, calculating payoff odds, displaying them, and producing tickets based on incoming bets.

Dictionary definition

TOTALISATOR, noun. Computer that registers bets and divides the total amount bet among those who won.

Wise words

Words are but symbols for the relations of things to one another and to us; nowhere do they touch upon absolute truth.
Friedrich Nietzsche