Why would you join a lootmaster party?

[Fynlar]

I never join one of these parties in hopes of getting the mount.

But yeah, if the mount is all you want, joining one of these is pretty dumb.

On the other hand, if you want other loot, I've actually found that you're more likely to get it in a lootmaster party because a lot of the people that are there ONLY want the mount and will pass everything else, either because they don't care for it or already have it.