I think that the specifics of THIS type of gambling, running red lights/stop signs and betting on whether or not there will be an accident may already be covered by law. It's not a race, and IMO it's not a traffic infraction. There are a number of 'illegalities' here; illegal gambling (for sure), reckless endangerment, and reckless endangerment with depraved indifference. That's just for being SUCCESSFUL at making it across the intersection. Once there's an accident, the charges increase to crimes against property, up to and including some sort of homicide charge. The idea is to punish those caught doing this. The punishment must be draconian, merciless, without pity on the perps, and it must be something that is a 'sure thing'. So once one is caught, either driving, being a passenger of a car being driven by one who'd engage in this sort of thing, or a person shown to participate by betting on the outcome of others' illegal actions, the consequences are so dire as to not be worth playing. The law is reactive, after all. To a large extent, there's no way to prevent crimes with threats against those who'd engage in illegal activity. But we can make a public example of those that do.
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