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Lawmakers Use 'Price Is Right' Rules To Bet On Session's End

WESTCHESTER COUNTY, N.Y. -- State officials never see a dull day during the legislative sessions, as they place wagers on when the chamber actually will come to a close, according to the Wall Street Journal.

Lawmakers keep things interesting by betting on closing times through a long-standing tradition.

Lawmakers keep things interesting by betting on closing times through a long-standing tradition.

Photo Credit: File

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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