For some, it's a source of enjoyment despite the potential financial losses.  This highlights the cultural significance of cockfighting in the Philippines, a tradition that transcends pure gambling.  Imagine a sport with deep historical roots, where the thrill of the competition itself holds value.

The comparison with the lottery is apt.  Lottery tickets offer a low-cost gamble, while cockfighting requires a more significant investment – entrance fees and betting capital.  This financial barrier might deter some casual gamblers.

However, the enjoyment derived from the competition shouldn't overshadow the potential downsides.  Animal cruelty is a major concern, and the risk of excessive gambling losses can have serious financial and social consequences.