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.

You can make these transactions through bank transfers, e-wallets, and debit cards. An array of Sportingbet payment methods is available; read on to learn more: Visa is the most popular method. The payment options have different timelines in which you can receive your payments.

The withdraw methods offered by Sportsbet are Bank Transfer, Credit Card, PayPal and Sportsbet Cash Card. Please note that all withdrawal methods must be in the account holders name. Important! You must be fully verified to withdrawal from your Sportsbet account.