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Hedging involves placing additional bets to offset potential losses or guarantee profits. In Australia, where sports events can be unpredictable, hedging allows bettors to manage risk and secure returns in fluctuating markets. Melbourne Cup, Social media and digital platforms have facilitated unprecedented interaction between fans and athletes. From live tweets during matches to virtual fan zones, we'll explore how these interactive experiences enhance fan engagement, creating a global community of supporters who share their passion for Australian sports.

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With the growth of sports betting comes a responsibility to address social and ethical concerns. We'll discuss issues like problem gambling, advertising ethics, and the broader societal impact. How can the industry maintain a balance between growth and responsibility?

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