Pari-mutuel is a popular betting system used in horse racing, dog racing and jai alai. It allows bettors to pool their bets together and split the winnings proportionally. While more commonly known as a "tote betting" system, there are other terms which can be used to describe pari-mutuel betting. These include "pool betting", "totalizer betting", "mutual betting", "co-mingled betting" or "pooled wagering". Each term implies that bets are being pooled together with the payouts determined by the amount and type of bets made. Overall, these synonyms for pari-mutuel betting reflect the collective nature of the betting system and its popularity in modern gambling culture.