The tradition was organized by Assemblyman Phil Goldfeder and includes at least 100 Assembly members, but leadership is not allowed to participate since they know too much, according to the Wall Street Journal.
The betting pool plays by the same rules as the game show, "The Price is Right," naming the winner as the individual who bets on the time closest, but not past, the actual close-time. Participants can bet $1 per time slot and write their bets on a piece of paper, provided and kept by Goldfeder, reported the Wall Street Journal.
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