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Take breaks during cold streaks to reset mentally DraftKings Developing a Betting Strategy Based on Data Analysis Betting odds represent the probability of a particular outcome occurring. They are typically expressed in three formats: decimal, fractional, and American. Decimal odds represent the total payout, including the original stake, while fractional odds show the potential profit relative to the stake. American odds indicate the amount you need to bet to win 0 or the amount you would win from a 0 bet..
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