Is racing just an excuse for the strong to rob the weak?

I have only ever 'won' one race and that was a roller race and that was against a load of students who arent even cyclists (at least I don't think they are) but at least no-one paid to enter the race so no-one lost anything but some glycogen and some sweat. But when it comes to proper races when you have to pay to enter but you know youre blatantly not going to win, is the whole thing just an excuse for the fast to rob the weak, i.e. a bit of legitimised reverse-robin-hoodism? Some say it's the taking part and not the winning that counts, but that's not true, if you know you're not going to win then what's the point of entering, except for to pay for the winner's prize? I think you should get your money back if you lose and the winner should pay full price for their prize.

No offence but you sound like a loser.

Why the fuck would you not think you were going to win? With a defeatist attitude like you currently display you'll probably spend the rest of your days whinging about how you'll never win, instead of the other option of getting some balls and some self belief; then, just maybe, you might win something.

When I get into a tournament I don't think "oh shit I might lose this" I go in there confident in my ability and the knowledge that I'm going to knock the dude out

where's someone with the obligatory "HTFU" comment??