Information AboutTotalizator |
| CATEGORIES ABOUT TOTALISATOR | |
| australian inventions | |
| sports betting | |
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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 & 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. Totalisators have been superseded by general purpose Computer s running specialised Wagering Software such as Autotote . SEE ALSO EXTERNAL LINKS |
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