|
Totalizator
A tote board (or totalisator/totalizator) is a numeric or alphanumeric display used to convey information, typically at a race track (to display the odds or payoffs for each horse) or at a telethon (to display the total amount donated to the charitable organization sponsoring the event). The term "tote board" comes from the colloquialism for "totalizator" (or "totalisator"), the name for the automated system which runs parimutuel betting, calculating payoff odds, displaying them, and producing tickets based on incoming bets. Parimutuel systems had used totalisator boards since the 1860s and they were often housed in substantial buildings. However the manual systems often resulted in substantial delays in calculations of clients' payouts. The first all-mechanical totalisator was invented by George Julius. Julius was a consulting engineer, based in Sydney. His father, Churchill Julius, an Anglican Bishop, had campaigned, in the early years of the twentieth century, against the iniq ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Autotote
Light & Wonder, Inc., formerly Scientific Games Corporation (SG), is an American corporation that provides gambling products and services. The company is headquartered in Las Vegas, Nevada. Light & Wonder's gaming division provides products such as slot machines, table games, shuffling machines, and casino management systems. Its brands include Bally, WMS, and Shuffle Master. History The company traces its history to Autotote, a manufacturer of totalizator systems for parimutuel wagering at racetracks. The history of Autotote dates to 1917, when George Julius founded Automatic Totalisators Limited in Australia to build the totalizator system he had invented. Automatic Totalisators opened its U.S. office in New York City in 1953, and then moved it to Wilmington, Delaware in 1956. It moved again to Newark, Delaware in 1972. In 1978, the U.S. division was renamed as Autotote Ltd., to reflect its diversification into businesses other than totalizators, such as lottery systems, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Julius
Sir George Alfred Julius (29 April 187328 June 1946) was an English-born Australian inventor and entrepreneur. He was the founder of Julius Poole & Gibson Pty Ltd and Automatic Totalisators Ltd, and invented the world's first automatic totalisator. Early years George Alfred Julius was born in a small house in Bethel Street, Norwich, England, (demolished in the 1930s to make way for the new City Hall). At that time his father, Churchill Julius (1847–1938), was a curate at St. Giles in Norwich. In 1873 the family moved firstly to the parishes of South Brent (now known as Brent Knoll) and thereafter to Shapwick and Ashcott in Somerset. Later, Churchill Julius became vicar of Holy Trinity, Islington, London; he subsequently accepted the appointment as Archdeacon of Ballarat, Australia, and it was here that the family travelled on the sailing ship ''South Australian'' in 1884. From an early age, George's mechanical inclination was obvious to his parents and he often helped his fath ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Totalisator
The American Totalisator Company, known today as AmTote International (often referred to as AmTote), specializes in totalisator equipment used to control parimutuel betting at horse racing, greyhound racing, and jai-alai facilities. The company was founded by Harry L. Straus, a computer engineer from Baltimore whose interest in a fairer system of calculating and displaying odds and payouts on parimutuel betting came after an incident in 1927 at a Maryland racetrack, when a horse listed at 12:1 odds won, but paid off at 4:1. Straus began developing his machine, the totalisator or “tote board” out of telephone relays in 1928. Straus' new company installed its first equipment at Pimlico Race Course in Baltimore, Maryland, which displayed odds and payouts on illuminated boards, now known as "tote boards". In 1933, American Totalisator installed its first complete electro-mechanical tote system at Arlington Park in Arlington Heights, Illinois. The Strauss patents 2,179,698 issued 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arlington Park
Arlington International Racecourse (formerly Arlington Park, the name was Arlington Park Jockey Club from as soon as 1948 up to 1955) was a horse race track in the Chicago suburb of Arlington Heights, Illinois. Horse racing in the Chicago region had been a popular sport since the early days of the city in the 1830s, and at one time Chicago had more horse racing tracks (six) than any other major metropolitan area. Arlington International was the site of the first thoroughbred race with a million-dollar purse in 1981. It was located near the Illinois Route 53 expressway. It was serviced by the Chicago and Northwestern Railroad. The premier event at Arlington Park was the International Festival of Racing, held in early August, which featured three Grade 1 races on turf: the Arlington Million Stakes, Beverly D. Stakes and Secretariat Stakes. Owner Churchill Downs Inc. announced plans in February 2021 to sell all 326 acres of Arlington Park property for redevelopment. On Septemb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tote Board, Hollywood Park, Century, Inglewood, CA, US
Tote may refer to: Places * Tote, Skye, a crofting township on the Isle of Skye Container * Tote bag, a carry bag that is often used to carry items too large for a purse or handbag; sometimes also sold as a reusable shopping bag * IBC tote or intermediate bulk container tote Organisations * The Tote, British bookmakers * Tote Ireland, a subsidiary of Horse Racing Ireland * Totes Isotoner or Totes, an international umbrella, footwear, and cold weather accessory supplier * TOTE Maritime, American shipping company * Tote Tasmania, Tasmanian totalisator and bookmakers Other uses * Tote board, a large numeric or alphanumeric display used to convey information * Tote (Transformers), a fictional character * The Tote Hotel, a hotel, pub, bar and music venue in Melbourne, Australia * Action regulation theory (T. O. T. E. Test - Operate - Test - Exit), an iterative problem solving strategy in psychology * Tote (footballer) (Jorge López Marco, born 1978), Spanish footballer * Parimutuel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The News (Adelaide)
''The News'' was an afternoon daily tabloid newspaper in the city of Adelaide, South Australia, that had its origins in 1869, and finally ceased circulation in 1992. Through much of the 20th century, '' The Advertiser'' was Adelaide's morning broadsheet, ''The News'' the afternoon tabloid, with '' The Sunday Mail'' covering weekend sport, and ''Messenger Newspapers'' community news. Its former names were ''The Evening Journal'' (1869–1912) and ''The Journal'' (1912–1923), with the Saturday edition called ''The Saturday Journal'' until 1929. History ''The Evening Journal'' ''The News'' began as ''The Evening Journal'', witVol. I No. Iissued on 2 January 1869. From 11 September 1912Vol. XLVI No. 12,906 it was renamed ''The Journal.'' News Limited was established in 1923 by James Edward Davidson, when he purchased the Broken Hill ''Barrier Miner'' and the Port Pirie ''Recorder''. He then went on to purchase ''The Journal'' and Adelaide's weekly sports-focussed ''Mail'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pari-mutuel
Parimutuel betting or pool betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the "house-take" or "vigorish" are deducted, and payoff odds are calculated by sharing the pool among all winning bets. In some countries it is known as the tote after the totalisator, which calculates and displays bets already made. In short, the word ''parimutuel'' implies tiered winnings/earnings. The parimutuel system is used in gambling on horse racing, greyhound racing, jai alai, and other sporting events of relatively short duration in which participants finish in a ranked order. A modified parimutuel system is also used in some lottery games. Definition Parimutuel betting differs from fixed-odds betting in that the final payout is not determined until the pool is closed – in fixed odds betting, the payout is agreed at the time the bet is sold. Parimutuel gambling is frequently state-regulated, and offered in many places where gambl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pro Rata
''Pro rata'' is an adverb or adjective meaning in equal portions or in proportion. The term is used in many legal and economic contexts. The hyphenated spelling ''pro-rata'' for the adjective form is common, as recommended for adjectives by some English-language style guides. In American English this term has been vernacularized to ''prorated'' or ''pro-rated''. Meanings More specifically, ''pro rata'' means: * In proportionality to some factor that can be exactly calculated * To count based on an amount of time that has passed out of the total time * Proportional ratioInvestigator web site Accessed May 29, 2008. Pro rata has a |
Starting Price
In horse racing, the starting price (SP) is the odds prevailing on a particular horse in the on-course fixed-odds betting market at the time a race begins. The method by which SPs are set for each runner varies in different countries but is generally by consensus of an appointed panel on the basis of their observations of the fluctuation in prices at the racetrack. This is done as follows: For each horse the odds offered by the bookmakers are ordered into a list from longest to shortest. This list is then divided into halves and the SP is the shortest odds available in the half containing the longest odds. Thus the SP or a longer price will have been offered by at least half the bookmakers in the sample. ''Note'': This method is slightly different from the method of calculating the median. The principal function of a starting price is to determine returns on those winning bets where fixed odds have not been taken at the time the bet was struck. Typically, on the day of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Horse-racing
Horse racing is an equestrian performance sport, typically involving two or more horses ridden by jockeys (or sometimes driven without riders) over a set distance for competition. It is one of the most ancient of all sports, as its basic premise – to identify which of two or more horses is the fastest over a set course or distance – has been mostly unchanged since at least classical antiquity. Horse races vary widely in format, and many countries have developed their own particular traditions around the sport. Variations include restricting races to particular breeds, running over obstacles, running over different distances, running on different track surfaces, and running in different gaits. In some races, horses are assigned different weights to carry to reflect differences in ability, a process known as handicapping. While horses are sometimes raced purely for sport, a major part of horse racing's interest and economic importance is in the gambling associated with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greyhound Racing
Greyhound racing is an organized, competitive sport in which greyhounds are raced around a track. There are two forms of greyhound racing, track racing (normally around an oval track) and coursing; the latter is now banned in most countries. Track racing uses an artificial lure (usually a form of windsock) that travels ahead of the greyhounds on a rail until the greyhounds cross the finish line. As with horse racing, greyhound races often allow the public to bet on the outcome. In many countries, greyhound racing is purely amateur and solely for enjoyment. In other countries, particularly Australia, Ireland, the United Kingdom, and the United States, greyhound racing is similar to horse racing in that it is part of the gambling industry. Animal rights and animal welfare groups have been critical of the welfare of greyhounds in the commercial racing industry for many years which has contributed to the reforms of the industries in recent years. A greyhound adoption movement spe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
