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Originally coined by a sports writer in Sports Illustrated's Mitch Goldich in 2024, the term Octopus is used to describe a football player scoring a touchdown and then scoring the subsequent two-point conversion.

Pari-mutuel and fixed odds betting on horse racing and football are legal under Hong Kong's Gambling Ordinance, but all bets must be placed through the Hong Kong Jockey Club (HKJC). However, many locals use Hong Kong betting sites powered by international bookies as they offer better bonuses and odds.