GarbageName, so we just have to admit that there are large quantities of grown(?) men with large sums on their hands, eager to spend it on something that will surely return negative profit? And they cheering each other while they doing it?
I'm kinda surprised, really
From a man's perspective I'm not surprised (not sure your gender, but I'm kind of leaning toward female only because you used grown men).
To your post, isn't that how Casinos thrive? Where I live there are five ways out of this city. In four directions there are four casinos. Most weekends they are packed. Mega Millions anyone? 99.99999999% (enough 9's) of turning a loss. Sports betting? Very common.
In our society (this world) with so much affluence in the first world, is it really all that surprising. People have money to burn and their bored. Its a bad combination.
--GarbageName