I used to be one of the naysayers.... But then I drew Colorado Archery Ram tag this year with zero weighted points at 26 years old. The odds are crap no matter where you apply (for the record, I apply in CO, AZ, NV, ID, UT... and will likely add NM and MT next year). But the saying is true, you can't draw if you don't apply.
It is my form of gambling for the year. And it paid off early.
Im not going to do the math, but that application strategy must be 2k a yr or more. In 10-11 yrs don't you have an Alaskan or BC sheep hunt?