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Some Betfair traders make a full-time income from the platform, while others use it as a side hustle to supplement their income. Betfair is a British gambling company founded in 2000. It operates the world's largest online betting exchange. Its product offering also includes sports betting, online casino, online poker, and online bingo.
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Prop betting seeks to proposition the bettor with a question, one that may or may not have a direct bearing on the final score. For example: How many receiving yards will Tyreek Hill have? 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.
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