It is possible because 2 bonus points are available.
I agree with the rest of your points though. The SSC loyalty system is not designed to give people with high points first go at cheaper tickets.
If it wasn’t for the huge discrepancy between the cheap tickets and expensive tickets nobody would be moaning about it.
It wasn’t that difficult to get FF tickets today if you entered your code at 12:00 exactly. I got one easily enough for Munich and bought cat 3 tickets for the other 2 games as a choice (FF tickets were still available).