Call me stupid but after 5 minutes on their website I still didn't really 'get' it.
It's silly, and it pretty much says to your followers that you consider them disposable minions, fit for nothing more than to be wagered away in games of chance, because you are such a badass. Inexplicably, many people find this exciting and admirable, at least as long as you keep winning.
As you can probably gues, I like it...in fact this strikes me as a good reason to spend more time on Twitter. I guess it appeals to the unfulfilled megalomaniac in me :)