I involve myself in bets like this quite often than I bet on sports or casino based games because I know the importance of those activities to my health. I have once bet on going months free without alcohol and we had to do regular tests at different intervals to make sure that none of us involved in the bet was cheating. I also quite smoking because of bets like this as I was once an active smoker but I do not do that anymore although I still drink beer and alcohol but not regularly as I was doing before. Those types of bet are good for us as they help us to improve on ourselves and become better individual. I have not bet on academic before or getting a new skills but I think I will have to introduce this to my friend group and they will be happy to participate.