Founded in the previous century, the Ultimate Life-Long Hockey Pool (ULLHP) is a hotly-contested, NHL-based draft pool with a horrible name. Eight of the original ten team owners remain, with expansion taking the pool to thirteen idiots.
With no actual redeemable quality, the pool is a colossal waste of time that these thirteen fools spend way too much time, focus, and money on. It's rather pathetic, really, but it gets them out of the house a couple times a year.