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Odds and probability are both used to express the likelihood of an event occurring in the context of gambling. Probability is expressed as a percentage chance, while odds can be presented in a few different formats, such as a decimal, fraction, or moneyline.
FanDuel offers much better odds on sporting events and does so with regularity. DraftKings also has competitive odds, but not to the degree that FanDuel does. FanDuel also has more bet types within each market, but DraftKings excels in every other area mentioned.
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For placed single and multi bets, Sportingbet can offer the option of an "Cash Out": although the outcome of a bet is not determined yet, winnings can already be collected. The amount that can be received is based on the actual odds. Using the "Cash Out", you can: Pay out single and multi bets before they are settled.
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