So, is the premise kind of like the car raffles where everyone makes a bid for $1 to win a brand new Corvette? It's only $1 to bid and that alone will win you the car, but if 100,000 people bid, the Corvette owner just made a ton of money, and the people that lost only lost a dollar, so they aren't pissed, and the one person who won is ecstatic.
Do I follow the general premise correctly here?