How Do You Spell TOTALIZATOR?

Pronunciation: [tə͡ʊtˈalɪzˌe͡ɪtə] (IPA)

The word "totalizator" is spelled as [ˌtoʊ.təl.ˈaɪ.zə.tər] in IPA phonetic transcription. This word comes from the French word "totalisateur" which means a device that calculates and displays the total amount of money bet on a race or event. The correct spelling of this word is important to ensure clear communication in the gambling industry. The phonetic transcription helps to understand the pronunciation of each syllable and sound in the word, making it easier to remember and use accurately.

TOTALIZATOR Meaning and Definition

1. A totalizator, also known as a Tote, is a wagering system commonly used in horse racing events that determines the odds and calculates payouts based on the bets placed by bettors. It is a computerized system that collects and processes bets from participants and offers a convenient and centralized platform for betting.

   Operating on a pari-mutuel principle, a totalizator pools together the money wagered on a specific race or event and divides it among the winning bettors after deductions for operating costs, taxes, and commissions. The system calculates the odds in real-time based on the total amount of money placed on each betting option and adjusts them accordingly as more bets are made.

   The totalizator provides a wide range of betting options, such as win, place, show, exacta, trifecta, and more, allowing bettors to choose from various combinations and possibilities. It offers an alternative to traditional fixed-odds betting, as the potential payout is not predetermined and depends on the final size of the pool and the number of winning bets.

   Totalizators are typically run by racing organizations or bookmakers and are found at racecourses and off-track betting centers. With their automated and transparent nature, totalizators ensure fair and impartial payouts, providing a dynamic and exciting betting experience for horse racing enthusiasts.

Common Misspellings for TOTALIZATOR

• tottalisator
• totalisator
• rotalizator
• fotalizator
• gotalizator
• yotalizator
• 6otalizator
• 5otalizator
• titalizator
• tktalizator
• tltalizator
• tptalizator
• t0talizator
• t9talizator
• toralizator
• tofalizator
• togalizator
• tottalizator
• totallizator
• totelizator
• totolizater
• totellizator

Etymology of TOTALIZATOR

The word "totalizator" is derived from the French word "totalisateur", which is a combination of the words "total" and "or". The term first appeared in the late 19th century and refers to a machine or system used for betting on horse races or other sporting events, where the bets are calculated and the total amount wagered is accumulated. The concept was initially developed by the French engineer Pierre Oller in the 1860s. The word totalizator has since been adopted in various languages and is used internationally to refer to similar systems.

Similar spelling words for TOTALIZATOR

• totalize,
• totalizer,
• total eclipse,
• totaliser,
• totalisator,
• totalise,
• totalism.

Plural form of TOTALIZATOR is TOTALIZATORS