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| tote [ tōt ] |
noun |
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| Definition: |
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U.K. betting system: a system of betting on horse races using an electronic machine that totals all bets, deducts management charges and taxes, and determines the final odds and payouts
(
informal
)
See also pari-mutuel (sense 1)
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| [Late 19th century. Shortening of totalizator] |
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