Of course, cockfights should not be compared to horse racing in terms of the death of horses or cocks. After all, horses die relatively rarely during races, compared to cockfights. And as for the death of horses during competitions, we must take into account that human athletes sometimes die during competitions, for example, during marathons.
So these are still events of a similar nature and horse racing should not be demonized in any way based on the facts of animals dying during competitions.
Let me get this clear a bit,, Horse racing is not as cruel sports as the cockfighting. In cockfighting we are allowing the animals (cocks) to fight against each other. In horse racing, it is just the races of the horses and there is no blood in the game. Also horse racing is one the most oldest games but they may not be popular too much these days.
And the question why people don't bet on horse racing, the reason could be that horse racing is done mostly in Arab countries and hence there may not be a global audience. Also I heard that offline gambling for horse racing is quite popular.
Yeah, probably horse racing is mainly entertainment for old-school players who naturally watch the races live or, in the worst case, on TV in live broadcast mode. It seems to me that these competitions in principle do not really attract the younger generation of players, who are already completely accustomed to online games with cryptocurrency.
But still, I think that in addition to the Middle East countries, for example, in the UK, many famous hippodromes in the country are not very empty. And of course, horse racing is held regularly and bookmakers naturally work on them.
By the way, it seems to me that betting on horses is sometimes even more interesting than on many, for example, football teams