If the alternative to send to yet another university application is to start a new match of CoD then it wasn't a loss.
I have never spam applied anywhere, and have hyperfocused on very specific positions, putting a lot of prep effort into what I have considered strong matches.
This is in contrast to gambling where you actually do need to win more often than not to win overall.
Admissions are sort-of Pareto distributed, so most people admitted were on the edge of being rejected. Since there is a bit of noise in the process, this is why any one individual applying to 10x as many places of a similar tier will be more likely to get into one. But then when everyone does it, no one is more or less likely to get in except those that are actually cooperating with the admissions office. You're burning down the commons for a fleeting bit of warmth. Might I suggest installing a furnace in your house instead?
So, yes, you are absolutely right.
I think it's possible to punish people who are taking these selfish actions, and I think universities should. Maybe they should make a secret database where they list the people who applied to their university, and subtract off points for every other university they applied to. Or, recruiting agencies can mark down candidates for every other job they are applying to. I don't think they do, and this isn't the startup I want to make or area I want to devote my life to, it just sucks that people are being rewarded for playing negative-sum games.
What? That's not what I'm suggesting at all. I just found the post to be a helpful reminder of how to have a healthy mindset towards some uncertainties in life, but it seems like you took away something completely different.
Did you know that USAMO qualifiers have >50% rate of admission to MIT? IMO gold medalists have >80% acceptance rate, and it's only so low because international admissions is limited to 10% of the student body. Life is only a lottery if you have an unhealthy mindset holding you back from improving yourself. Just because university admissions involve a lot of luck at the bottom does not mean you have to limit yourself to a bottom feeder spraying and praying to get in.
I'm not making any recommendations on how people should actually go about finding wealth, or success, or happiness, or whatever it is you're looking for in life; only how to deal with it when they don't get those things immediately.
I would be okay with people spreading beliefs that only hold themselves back, especially if it made them happier. However, I draw the line when they endorse antisocial behavior. I've personally been negatively effected by these hustlers' acions. Almost everyone has, whether or not they can articulate why it seems impossible to get interviewed for a job these days.
It seems like you're misinterpreting my words through the lens of your own frustrations right now, so I don't think there's anything else I can say to help you. I just hope you find what you're looking for eventually.