I don't get it. They post all this spam in the hopes that people click on the links therein, thereby boosting the ranking of those sites? Does that actually work at all?
It doesn’t actually require anyone clicking on the links. Google sees inbound links and uses that as a factor when calculating the ranking of the linked page.
Regardless of whether it works, people still pay for it. I have a Facebook ad right now that says "Get over 500,000 backlinks for $29.99". No doubt it's someone with a bot that spams comment forms.