Definition: A totalizator is a machine or system that keeps track of bets placed on events, usually in sports like horse racing. It calculates the total amount of money bet and then divides that amount among the winners after the event is over.
In more advanced discussions, you might encounter the term used in a broader context, such as in discussions about betting systems or in gambling regulations.
Totalize (verb): To calculate the total amount.
Total (noun/verb): The overall amount or to sum up.
While "totalizator" primarily refers to a betting system, the root word "total" can refer to the sum of anything in English, such as: - Total (noun): The final amount after adding. - Total (adjective): Complete or whole. - Example: "The total cost of the groceries was $50."
While there are no specific idioms directly related to "totalizator," here are a couple of related phrases in the context of betting:
The term "totalizator" refers to a system that tracks and manages bets in various events. It's a key concept in the world of gambling, particularly in sports.