Agreed. Being old does not get me a better odds at the casino, easier chance with the drunk barmaid at closing time, or a lower cost of fuel at the gas station. What being older does get me is I am wiser with what I do with my time and money. I also had more chances over the years to pull a Montana sheep tag and a Colorado moose tag than someone just becoming eligible to apply in those states. I have applied for close to four decades. I could have drawn in any of those years. A new applicant could not have.
Any draw where the pool of applicants exceeds the number of tags in the bucket by 10x is going to have a failed preference point system. The 10x implies will take you 10 to draw though things change such as winter die-offs reduce tags over the upcoming 10 years, resident/non-resident splits change, tags get set aside for outfitters or landowners, tags get carved out for a trade show convention, etc. Rule one of dating is be attractive. Rule one of a preference point system is apply in the first year of the scheme. The initial pool will have better odds forever until they draw out and then will be the T-1 pool then T-2. I think Wyoming non-resident sheep pool is at T-3 after three decades and they get 75% or so of the non-resident blue-ribbon sheep tags in a given year.
A bonus point system will also be broken at 10x but the breakage will be less obvious since even a new applicant will have a chance.
The best system, in my gray-haired opinion, is a 100% random draw with no set-aside tags for youth, veterans, disabled, landowners, outfitters, friends of politicians, etc. Non-residents get a guaranteed 10% of tags. if you draw then you have a waiting period to apply whether you harvest or not. I would set the waiting time to be the number of years which results when divide the number of applicants by the number of tags for the unit you drew your tag in. Say 300 applied and your drew 1 of 3 tags then 300/3 is 100 years to wait. Be patient, grasshopper. The goal is to be fair to the entire pool of applicants which you used to be part of until you drew.
I like to hunt. When I was younger I not only chased the Big 3/OIL tags but also elk, deer and pronghorn. For E/D/P, I was not holding out for a blue ribbon unit so was looking for a nice adventure which to me meant plenty of accessible land, high harvest rates and lots of shot opportunities which are possible if you are fine shooting a 260" bull, 140" buck or a 10" pronghorn. I shot a lot of critters. Packed a lot of meat a lot of miles.
Alas, I now nearing the November of my lifespan. I only apply for hunts where I can solo hunt with mild terrain or is a tag for which I am willing to hire a guide since my wife is convinced that I will die on the mountain during one of my adventures. I will die at some point so not a bad way to go while fighting a grizzly bear with a Bowie knife or just having my body say Uncle.