Yes and that's the trouble I guess... We don't really hear the voices of those who give up and go (and when we do we don't want to hear them).
Sane people who conclude that the system is rigged would just leave and not come back. That's what I believe is happening and I strongly doubt that steemsports is keeping people active.
I used to work in a bookies and I can imagine showing this to my punters. They might show some interest until they find out how much people are winning (nothing) and then even they would lose interest and these are people lived in that shop when I worked there spending 50c to a euro at a time.
It will never attract new users unless they come to write for them.
Agreed there is little to no value in gaining new users, perhaps some value in retaining some that are here and frustrated though.
Yes. Retaining them until they leave out of that frustration.