Don't you see the contradiction? Your free market win at all costs punting funds your benevolent non-competitive social good. I'm the opposite I want any horse I own to win as much as it can and only have a wager for entertainment. The latter probably funds your wagering winnings although I only bet on the NZTAB so probably not.
My hobby of racing horses doesn't depend on whether or not they win one race in 20 or never even win one. That is as you say a hobby. For fun. Sometimes just to rehab horses or whatever. I'd prefer to win a few of course which can add to the fun. As a punter though, I aim to win, and to do that, I'll get the best odds I can, with no intention to finance anyone else, including any bookies, in the process. After all, that's what pays for my aforementioned hobby.
Didn't help when successive Labour Governments made the cost of the inputs to manufacturing so expensive or unattainable.
Perhaps but what business gives their product for no cost to someone else to make money out of? Easy to set a "competitive price" when you aren't paying the true cost of the product. Even in free markets there are rules against that.