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Yes, because one beer that costs the price of 4 at home. And food at least twice as much as at home makes massive sense to me?? Is there a cover charge? Even without the cover I don’t see how spending 7 hrs in a bar is cheap.
It might not be much of a money saver if you add it all up but some people prefer the atmosphere a bar provides to watch a sporting event. I rather watch at home but for some people the social aspect of watching at a bar is worth it. I see what you are saying though