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Additionally, never bet money you can’t afford to lose. A basic rule of sports betting is that you should only bet money that you can afford to lose. This will help you minimize your financial risk and avoid the stress of losing a bet.

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In addition to capital management, you also need to know when to stop. Whether you win or lose, once you have achieved your goal or lost too much, stopping is necessary to avoid being dominated by emotions. Many gamblers often fall into the state of "playing to win back" after a losing streak, leading to losing even more money. To avoid this, you need to have a reasonable stopping plan and adhere to your principles.