This chapter will draw out some of the characteristics of the type of person to bet on a political outcome. It will also focus on the different types of motives why people may be tempted to place a bet on a specific outcome.
The first distinction, that needs to be assessed is whether those betting on politics are gamblers first and foremost, or whether their interest in politics has prompted them to put their money where their mouth is. Betting on elections, within in America, while illegal, can still occur amongst very strict framework. These prediction frameworks can attract interest from the more typical gambler and the public that are more interested in politics. These markets, however, do not function in the exact same manner as the
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Alistair Meeks is a lawyer, who is heavily involved with political betting. His underlying interest in politics was the driving force for him to get involved with politics. He has been documented stating he likes that politics is still considered a novelty bet, as the strong form research is less of a feature than in sports betting . Alistair Meeks frequently writes articles for the PolitcalBetting website. It is clear his interest is Politics and he sees it as a way to make a little bit of extra money from his own interests.
This suggests political betting is something that is of interest to both people with an interest in politics, but also those who take a punt as gambling is their main focus. Political betting is different from Sports in this sense, as it is unlikely political betters will make the move across to sports betting. People may have been betting to keep an interest in the result and to gamble on their own analytical ability. It could be suggested this is what makes political gambling an interesting topic, as those placing the bets may fall outside those who are typical gamblers. The punters involved in political gambling may be politics enthusiasts first, but with a good understanding of betting and a desire to place money on their own ability to predict the outcome of a certain political
Another argument agrees that money increasingly dominates the US electoral process and is the main factor in contributing to a candidate’s success is that candidates who spend more generally win. In 2012, Mitt Romney’s
Monetary value has had significant influence in determining the outcome of elections. The input and strategies put forward by different forces determine the organizational scheme and the ability to grab most of the seats. Although money has been linked to corrupt deals in many countries, with leaders amassing power through corrupt and underhand methods, especially in Africa, this is not the case of the same monetary influence witnessed in America. The conventions of the U.S.A raise a lot of money in preparation for campaigns and elections to constitute a good number of representatives. The paper, therefore, looks at the effect of money in the recently concluded elections of the Congress, giving a deeper view of the 113th and 114th Congress election of the two major conventions.
From the rousing introduction, Christopher Matthews’ Hardball is presented as a godsend to aspiring politicians, businessmen, and frankly, everyone alike. Adopting a pompously self-assured tone, Matthews divulges his reasoning about sharing his wisdom collected from his own experience and other major players of “Hardball.” However after finishing the book, his audacity could be forgiven by the enjoyable nature of his work, the information that it provides, and the uncanny resemblance to Benjamin Franklin’s writing style. In the first section of Matthew’s self-proclaimed “classic” and political manifesto, he presents the world of politics (Hardball) through a series of informative—if not redundant—phrases, historical examples, and his own experience
From the rousing introduction, Chris Mathews' Hardball presents itself as a godsend to young aspiring politicians, businessmen, and frankly, everyone alike. Pompously self-assured, Mathews discusses his reasoning to sharing his wisdom collected from his own experience and other major players in "Hardball". However after finishing the book, his audacity could be forgiven by the enjoyable nature of his work, the information it provides, and the uncanny resemblance to Benjamin Franklin's writing style. In the first section of Mathews' self-proclaimed "classic" and political manifesto, he presents the world of politics through a series of informative--if not redundant--phrases, historical examples, and his own experience in Washington.
The political game is a dog eat dog world, there are several factors that determined weather a politician will be successful or not. Having alliances, enemies, and deals is all part of it. In the book “Hardball: How Politics is Played” written by Chris Mathews explains what it takes to get ahead in politics and how to avoid disasters techniques previously used by others.
This presidential election is gearing up to be one of the most if not the most interesting, and strange presidential election in the history of the United States of America. In addition, both Donald Trump and Hilary Clinton are not very loved by the American people. Many individuals feel as if Clinton is a rotten liar and should be in federal prison, and on the other hand many Americans are scared of trump and his ideologies. Sadly, one of them will win the race to the White House, unless something shady occurs. Nevertheless, candidates always make mistakes during their campaigns; sometimes costly mistakes. Though many political scientists have been in favor of Clinton winning this election, there four costly mistakes she can make that can cost her the election. As a matter of fact, she’s currently makes those mistakes.
Over the years, political scientists have expressed their disapproval of American elections. They have openly stated that presidential elections do not matter. The reason being, is that they believe the outcome of elections is a result of forces outside of the campaigner’s influence. For example, the state of the economy, partisan loyalties, and normative, communicative, and symbolic roles are all disconnected from the influence of the campaigner. The latter mentioned aspects (anthropological), according to political scientists, receive little attention from scholars, but their impacts are very substantial. They restore confidence in governing institutions, result in an upsurge in mutual feelings, and give the citizenry hope of a better governing body after elections
The 2016 presidential election is one of the most important and controversial elections in living memory. Republican? Democrat? The country seems to be almost evenly divided on political, moral, and economic problems facing the United States and the world. Trump, Clinton, and the other candidates are working to inspire the American People to vote to “grow stronger together” or “to make America great again”. Numerous citizens of the country have announced that they are leaving the country if the candidate that they dislike wins the presidential election. Many people are turning these dark days into a game- who will vote which candidate. When driving, working, and even reading some people have been playing an almost perpetual game of Guess Who
Gambling, whether for life or money, is risky and success is not guaranteed, even if you ‘win’. Two different tales both involving risk.
Robert Kiyosaki once said, “Successful people take big risks knowing they might fall hard but they might succeed more than they ever dreamed.” This man is a billionaire that hit the jackpot, while gambling. He now owns eleven different businesses and he is worth over eighty million dollars. If someone could learn how to astute, they could live like him too. The articles, The Legalized Gambling Debate, Sports Betting Should be Legal, and Should Sports Gambling be Legal?, all attribute thought to this suggestion. Gambling is a feasible business as it provides revenue, sponsors education, and inspires gamblers.
Gambling in the words of McLean and Yoder (2005) "means risking something of value, usually money, on an event that has an unknown outcome." In the opinion of the authors, gambling can assume various forms including but not in any way limited to "casino games, betting on sporting events, playing bingo, buying raffle tickets, and playing lotteries" (McLean and Yoder, 2005). Over time, gambling has grown in popularity with the same being legalized in many jurisdictions across the world. However, those opposed to gambling and the legalization of the same continue to cite various reasons in an attempt to backup their assertions. One of the reasons cited by those opposed to gambling according to McLean and Yoder (2005) is that the costs of gambling easily outweigh the benefits associated with the same. This argument advances the idea that the interests of the society override those of an individual. Thus the
Expert gamblers outperform the every day citizen with their skill and expertise, holding this special kind of intelligence to measure risk and uncertainty, quite frankly we should acknowledge and admired by them. Their ability to gather information and outweigh the benefits and disadvantages of a bet gives them immense ability to profit off an industry that many fall to.
Some voters cast their ballots based on the emotions such as trust rather than on the candidate's experience or policy. These voters lean toward those candidates who appear to share the voter's concerns on the political issues at the time. They vote for a candidate that appears to be honest and have integrity (Schmidt, Shelley, Bardes, 2011, p.196)
Politics is a bloodsport, one big game of corruption, muckraking, prostitution, and defilement, which is played by the politicians, the media, and the seemingly innocent public that tends to forget that politicians are humans also, no better than the masses except for one thing, the ability to play the game. Primary Colors by Anonymous portrays this fraudulent game perfectly, exhibiting all of the dark aspects of a political campaign: from the vicious media in their pursuit of scandals, to the traitorousness of opposing candidates to destroy each other, all the way to the secretive sexual interactions taking place during the campaigning process. Yet in this vice-corrupted novel, Anonymous also manages to let the human side of the tainted
Then there are the race tracks. They are now legal in over four fifths of all the states in America. The owners of the track take 18 to 21 percent of money wagered. The bettor has a likelihood of winning only a 0.41 to 0.44 probability of winning. That is about one half of one percent! But, it is a well-known fact that when a man wins at gambling, he is very likely to stay in for another game—and then lose his winnings! It is no wonder that it is called “gambling fever.” It is almost an insanity which grips a person.