It's shitcoinery, and like you, everyone should treat THAT as a form of "entertainment". That's the main purpose, but if you "win", then that's merely the side-dish. The main-course is merely the entertainment you get from participating.
Plebs should be careful though, and never use more than 1% of your total Bitcoin, and if you think 1% of your total Bitcoin is "too small", then don't gamble. HODL.
If anyone would prefer to get the entertainment as you called it, gambling should only be done if you have at least 90% plus of your investment in bitcoin already and you have a less than 10% to gamble with, since it's a matter of luck, you're probably going to loss but if luck on your side you win in anyway you can use to reinvest in bitcoin.
That it's considered wise a bit but yet shitcoins is shitty, so holding or investing in it is the worst thing anyone can do. instead take you're game up and stake up more bitcoin.