Yes, gulfs is a Scrabble word!
...and is worth 9 points in Scrabble, and 12 points in Words with Friends
gulfs
Noun
1. An arm of a sea or ocean partly enclosed by land; larger than a bay
2. An unbridgeable disparity (as from a failure of understanding)
3. A deep wide chasm
What Scrabble words can I make with the letters in gulfs?
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Words that can be created with an extra letter added to gulfs:
E:fugles