Pronunciation: (kal-kut'u),[key] —n. 1. a seaport in and the capital of West Bengal state, in E India, on the Hooghly River: former capital of British India. 7,031,382.
2. (sometimes l.c.) Also called Calcut'ta pool". a form of betting pool for a competition or tournament, as golf or auto racing, in which gamblers bid for participating contestants in an auction, the proceeds from which are put into a pool for distribution, according to a prearranged scale of percentages, to those who selected winners.