Gambling In The Merchant Of Venice

953 Words2 Pages

Emily Sandon
English 365
4/14/2014
Dr. Netzley
The Merchant of Venice: Gambling with an Insurance Policy
Within The Merchant of Venice, Shakespeare suggests that gambling with risky ventures in life may not be such a bad thing if there is an “insurance policy” backing it up, that through controlled gambling destiny can be manipulated. In Act 3, Shakespeare uses the casket scene to suggest a successful substitute to risking all by having Portia instruct Bassanio as to which casket to choose, not only nearly guaranteeing that he is successful, but that she has control over her own destiny. Portia achieves this by instructing Bassanio to “tarry”, “pause a day or two”, “forbear awhile” delay (3.2.1-24), and insisting that a song be sung as Bassanio is choosing the casket (3.2.43). The song plays an important role in the play, as it is used by Portia to purposefully inform Bassanio, which is apparent through a few different facts. First, Portia desires Bassanio to choose the correct casket and therefore desires that he wed her instead of another man, and admits to a desire to inform him of the correct casket (3.2.10-14). Secondly, she insists that a particular song be sung doing his choosing, and by choosing a song that is full of thematic allusions and phonetic elements, she is attempting to manipulate Bassanio’s decision.
The central theme of the song itself is a clue for Bassanio. ). The ominous lyrics “Tell me where is fancy bred” (3.2.63), forewarns Bassanio to choose wisely through the use of words such as “fancy”. In Elizabethan time, fancy was used to describe whimsical and superficial love or infatuation, which is similar to “love at first sight”. Furthermore, the song warns; “[fancy] is engendered in the eyes/with gazing ...

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... however, provide an insurance policy, insuring that she could manipulate the odds in her favor, which in the end proved to be successful. The fact that she was successful in manipulating her father’s risky venture and gamble of her happiness implicates that the play is advocating gambling from a different stance. Through the casket scence, Shakespeare proposes a more cautious form of gambling, one that doesn’t rely on inadvertent and careless betting, but is carefully insured. Shakespeare uses Portia’s well planned and successfully manipulated venture in contrast to Antonio’s careless mercantile ventures which all “miscarry” (3.2.314). Thus, as portray in this scene, Shakespeare is suggesting that when an “insurance policy” is intact in a gamble, being informed and backed up by someone of wealth or nobility, only then can gambling be a successful merchant venture.

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