Mutuel Betting System

Famous quotes containing the words betting and/or system:

    All voting is a sort of gaming, like checkers or backgammon, with a slight moral tinge to it, a playing with right and wrong, with moral questions; and betting naturally accompanies it. The character of the voters is not staked. I cast my vote, perchance, as I think right; but I am not vitally concerned that right should prevail. I am willing to leave it to the majority.
    Henry David Thoreau (1817–1862)

    Nothing is so well calculated to produce a death-like torpor in the country as an extended system of taxation and a great national debt.
    William Cobbett (1762–1835)