I guess it's one of those articles about betting with animals that makes you wonder if it's going to be abused or not. If such thing attracts people who are willing to abuse animals and take big risk for selfish reasons then I don't think it is an idea worth encouraging. I believe good betting space should be both useful and safe for everyone.
Hopefully it's not even real animal
For fun its OK but if the animals abuse its different story there are already laws thatw protect animals even how small they are .thats why I think it not be abuse base on the article .the only problem is that many people may imitate it and not be able to control themselves when they are the one who do it by themselves and at those times there may be animal can be abuse.