Mug's-game

mug's game

noun
a foolish, useless, or ill-advised venture.

Origin:
1905–10

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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WordNet
mug's game

noun
a futile or unprofitable endeavor 
WordNet® 3.0, © 2006 by Princeton University.
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