A totalisator or totalizator (tote board in common parlance) is the name for the computerised system which runs parimutuel betting, calculating payoff odds, displaying them, and producing tickets based on incoming bets. Parimutuel betting (from the French language: pari mutuel, mutual betting) is a betting system in which all bets of a particular type are placed together in a pool; taxes and a house take are removed, and payoff odds are calculated by sharing the pool among all placed bets. ...
The first totalisator was an entirely mechanical system invented by the Australian George Julius of Julius Poole & Gibson Pty Ltd. It was installed at Ellerslie Racecourse in New Zealand in 1913. The first totalisator installed in the United States was at Arlington Park racecourse, Chicago, in 1933. Julius, who was later knighted, founded Automatic Totalisators Ltd. in 1917 and added electrical components. The first entirely electronic totalisator was developed in 1966. By 1970 nearly every major racing centre used an ATL totalisator. George Alfred Julius was the founder of Julius Poole & Gibson Pty Ltd and Automatic Totalisators Ltd, and invented the worlds first automatic totalisator. ... Ellerslie Racecourse is the main racecourse in Auckland, New Zealand for thoroughbred racehorses. ... Year 1913 (MCMXIII) was a common year starting on Wednesday (link will display the full calendar). ... Arlington Park is a horse racetrack in the Chicago suburb of Arlington Heights, Illinois. ... This article is about Illinois largest city. ... Year 1933 (MCMXXXIII) was a common year starting on Sunday. ... Year 1917 (MCMXVII) was a common year starting on Monday of the Gregorian calendar (see link for calendar) or a common year starting on Tuesday of the 13-day slower Julian calendar (see: 1917 Julian calendar). ... 1966 (MCMLXVI) was a common year starting on Saturday (the link is to a full 1966 calendar). ... 1970 (MCMLXX) was a common year starting on Thursday (the link is to a full 1970 calendar). ...
Totalisators have been superseded by general purpose computers running specialised wageringsoftware such as Autotote. A BlueGene supercomputer cabinet. ... Gambling has had many different meanings depending on the cultural and historical context in which it is used. ... Computer software (or simply software) refers to one or more computer programs and data held in the storage of a computer for some purpose. ... Autotote was a company that has been renamed Scientific Games. ...
A totalisator or totalizator (tote board in common parlance) is the name for the computerised system which runs parimutuel betting, calculating payoff odds, displaying them, and producing tickets based on incoming bets.
The first totalisator was an entirely mechanical system invented by the Australian George Julius of Julius Poole and Gibson Pty Ltd. It was installed at Ellerslie Racecourse in New Zealand in 1913.
The first totalisator installed in the United States was at Arlington Park racecourse, Chicago, in 1933.
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