I back horses but hardly ever watch races. The idea is to look at the odds, study form, read reports, tipsters etc. and have a 'guestimate' at the winner. Some horses ain't gonna win, others are dead certs ~ most of the time. At least you get a feeling that some personal skill was involved.
The lottery is pure chance. The only pleasure is having the win. And if you don't even want that, where's the point?