Definitions
- Referring to a type of betting system in which all bets are placed together in a pool and then divided among the winners. - Talking about a type of betting that is popular in horse racing. - Describing a type of betting that is based on the odds of a particular outcome.
- Referring to a type of betting system in which all bets are placed together in a pool and then divided among the winners. - Talking about a type of betting that is popular in horse racing. - Describing a type of betting that is based on the odds of a particular outcome.
List of Similarities
- 1Both mutuel and tote refer to a type of betting system.
- 2Both involve pooling bets together and dividing the winnings among the winners.
- 3Both are commonly used in horse racing.
- 4Both are based on the odds of a particular outcome.
What is the difference?
- 1Usage: Mutuel is more commonly used in North America, while tote is more commonly used in the UK and Australia.
- 2Connotation: Mutuel has a more formal connotation, while tote is more casual.
Remember this!
Mutuel and tote are synonyms that refer to a type of betting system in which bets are pooled together and divided among the winners. While they share many similarities, such as being based on the odds of a particular outcome and being commonly used in horse racing, there are also differences between them, such as their origin, usage, and connotation.
