Homecoming elections are not a tradition, they are instead a popularity contest.
Then why do they have them every year?
As ridiculous a statement as you can find. Here's a few more to go along with it:
"Thanksgiving day dinners aren't about tradition, but rather they are about giving thanks and spending time eating a meal with your family."
"Presidential inaugural balls aren't about tradition, but rather a bunch of people getting together to dance after the President is inaugurated."
"Sweet 16 parties aren't about tradition, but rather a person and their friends and family getting together to celebrate his/her 16th birthday."