Autotote
Encyclopedia
Autotote, which has been renamed Scientific Games
, is a company that supplies pari-mutuel
wagering systems worldwide. These are automated, computer
ized off-track and on-track betting
systems for betting on horse races
, greyhound racing
and jai-alai. It is an integrated system for off-track betting, keeping track of race results and winning tickets, and race simulcasting. Autotote Enterprises operates the off-track betting system in the State of Connecticut.
In 2002, former Autotote employee Chris Harn confessed to fraudulently cashing unclaimed tickets for $80,000 after he was caught in a fraudulent betting scheme, when an accomplice tried to collect $3.1 million on a fraudulent bet on the Breeders' Cup
. Chris Harn's story was portrayed in the Court TV
program Masterminds
.
Luke Weil, the heir to the Autotote fortune, is featured in a revealing and frank documentary called Born Rich
, about the experience of growing up as the heir to one of the world's greatest fortunes.
Scientific Games Corporation
Scientific Games Corporation is a New York City-based company that provides gaming solutions to lottery and gaming organizations worldwide. Products include instant lottery games, lottery gaming systems, terminals and service, and internet applications....
, is a company that supplies pari-mutuel
Parimutuel betting
Parimutuel 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 "vig" is removed, and payoff odds are calculated by sharing the pool among all winning bets...
wagering systems worldwide. These are automated, computer
Computer
A computer is a programmable machine designed to sequentially and automatically carry out a sequence of arithmetic or logical operations. The particular sequence of operations can be changed readily, allowing the computer to solve more than one kind of problem...
ized off-track and on-track betting
Gambling
Gambling is the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods...
systems for betting on horse races
Horse racing
Horse racing is an equestrian sport that has a long history. Archaeological records indicate that horse racing occurred in ancient Babylon, Syria, and Egypt. Both chariot and mounted horse racing were events in the ancient Greek Olympics by 648 BC...
, greyhound racing
Greyhound racing
Greyhound racing is the sport of racing greyhounds. The dogs chase a lure on a track until they arrive at the finish line. The one that arrives first is the winner....
and jai-alai. It is an integrated system for off-track betting, keeping track of race results and winning tickets, and race simulcasting. Autotote Enterprises operates the off-track betting system in the State of Connecticut.
In 2002, former Autotote employee Chris Harn confessed to fraudulently cashing unclaimed tickets for $80,000 after he was caught in a fraudulent betting scheme, when an accomplice tried to collect $3.1 million on a fraudulent bet on the Breeders' Cup
Breeders' Cup
The Breeders' Cup World Championships is an annual series of Thoroughbred horse races, most but not all Grade I, operated by Breeders' Cup Limited, a company formed in 1982. From its inception in 1984 through 2006, it was a single-day event; starting in 2007, it expanded to two days. The location...
. Chris Harn's story was portrayed in the Court TV
Court TV
truTV is an American cable television network owned by Turner Broadcasting, a subsidiary of Time Warner. The network launched as Court TV in 1991, changing to truTV in 2008...
program Masterminds
Masterminds (Canadian TV series)
Masterminds was a true crime documentary television series produced in Canada with truTV .As of February 2011, the program is broadcast on History Television and Global TV in Canada and truTV in the United States....
.
Luke Weil, the heir to the Autotote fortune, is featured in a revealing and frank documentary called Born Rich
Born Rich
Born Rich is a 2003 documentary about the experience of growing up as a child in one of the world's richest families. It was created by Jamie Johnson, an heir to the Johnson & Johnson fortune....
, about the experience of growing up as the heir to one of the world's greatest fortunes.
External links
- Scientific Games Racing, formerly Autotote Systems.