You don't have to have SE to implement this stuff, get creative and provide some content for yourself! (i know, they need to add more content...and they are with the next patch which should be out in a couple of weeks).

Define a course in a zone for you and your friends to race in. Wager on who can get the last kill on a mob, or on if a lowbie will survive that aggro'd 15 level higher mob that's attacking them