It seems to me that the song could be one of two things, either a person who is going though a serious gambling addiction who is losing everything around him - his friends, his family, his faith, his health etc. but is convinced one more big gamble will sort it all out. And if not then he's done for. Another is possibly the leader of a tribe or group that is on the edge of defeat, preparing for one last attack against their foes. In both cases near the end of the song, they find out that after a period of redemption that their actions were either needless or they finally understood the consequences of those people around them, "hate" being a metaphor for either the addiction or the simple irrational tribalism.
It seems to me that the song could be one of two things, either a person who is going though a serious gambling addiction who is losing everything around him - his friends, his family, his faith, his health etc. but is convinced one more big gamble will sort it all out. And if not then he's done for. Another is possibly the leader of a tribe or group that is on the edge of defeat, preparing for one last attack against their foes. In both cases near the end of the song, they find out that after a period of redemption that their actions were either needless or they finally understood the consequences of those people around them, "hate" being a metaphor for either the addiction or the simple irrational tribalism.