Think of iron banner as ranked play. You get rewarded with rep(which leads to sweet gear) for winning and being skilled. You should probably find a party to join if your tired of randoms. If everybody got rep and gear everybody will be the same in 2 weeks when the event ends. It's is set up so not everyone will max out their rep and gains. It creates diversity in the game and sets it up so that you will want to participate in the next event instead of maxing it out and then putting the controller Down. You want content and gear but you also want it all right now and then complain thatchers nothing to do. Pick one.