When I meet my friends at a public bar it is always very loud and I have trouble hearing them. Some of my friends zone out watching the sports on the tvs. Some of my friends are always trying to pick up a date. A couple of my friends completely detest the experience and wont even show up. At the end of the night I'm out $40-$50 and I have to figure out a way to get home.
When I hang out with the same friends at their rickety basement bars more of them show up and we're all very engaged, we talk or play games and I drink more moderately. I'm only out $14 for a 12 pack and if I overdo myself I can just crash on the couch for a bit.
Personally I find the basement bar more fulfilling.