Polotics
Many people think this is an incorrect spelling of the more popular word "politics" but this is a myth. Polotics is actually a sport similar to polo but is played by two teams consisting of rich old men. There are only two teams, the Democrats, (blue, their mascot is a donkey) and Republicans (red, their mascot is an elephant). National Championships are held every four years with the Democrats winning the most recent one which was held in 2008.
"I am about to go watch the Polotics match, it's the Debate Bowl 2012!"