I'm not sure if this is a personal attack on me, or not.
No, it's not an attack on you, or anyone else.
had I won the game I'm pretty sure I wouldn't have considered my time wasted.
No one would, same way they wouldn't consider money spent on a lottery ticket to be a waste - had they won the jackpot.
But that's just one of the possible outcomes of a stochastic contract.
To evaluate the probable gain from that contract, one needs to quantify and factor in the probability.
I assume most people only click a giveaway one time.
Possibly; it certainly differs from person to person and GA to GA.
But again, that kind of assumption does not - in any way - help one estimate the probable return on their investment.
Even for someone who buys only one ticket in that Bus Sim GA, and values their time at just $0.05 / hour, that probable ROI is negative (loss).
For the Flight Sim GA, one would need to value their time at less than $0.17 / hour for the probable ROI to become positive - if they've purchased only one ticket. At 1000 purchased tickets that probable ROI is still negative (the more tickets one buys in an extra-odds GA, the lower the probable ROI becomes).
Still, it was not my intention to demonstrate the low/negative value of those activities on a personal level. These might seem insignificant when considered on incidental basis, especially when combined with wishful thinking.
To assess the real damage of lottery schemes one needs to look from a broader perspective and run the numbers - that's what I wanted to demonstrate. No one should feel bad for falling/participating; reconciling our wants with those numbers is not intuitive - at all.
The time we have is limited. It doesn't need to be evaluated on a monetary basis; in this case money is just a precise, common denominator anyone can use for their personal conversions.
In the end, it's an opportunity for self-reflection.
For everyone, including myself.