A widespread game of chance in the USA in which bets are placed on the outcome of a candidate – usually a candidate for governor or the presidency (an investment that is directly tied to the outcome of political elections. The investor pays a flat fee and will receive a certain amount – say $100 – if the candidate chosen wins; if the candidate loses, the payout is zero. The price changes frequently during an election based on the support candidates receive). – See bookmakers, financial betting, lottery, betting shops.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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