Other forms of bets that falls in this category can be betting on who can drink the highest bottle of beer within a stipulated timeframe or even taking some risky ride that is life threatening. life is always going to be more important than any short term fun or the reward that comes with winning these kind of bets.
I do not participate in those types of bet because I have seen people lose their life because of these type of bet. They are very dangerous and we do not have to prove any point to anyone that we can do things that we are getting challenged to do. Avoid all those public challenges because sometimes they are not always fair as they might have done some alternations that you do not know about and from there you can lose your money and most importantly, your life. Life is very important and should not be joked with because of some prize money that would not mean anything big to you. The big rewards too is not worth it to lose your life over because who is going to enjoy the money if you win it but lose your life at the end of the challenge.