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Betting on long-term trends rather than focusing solely on short-term results can be an extremely effective strategy. Long-term events, such as season championships or major sporting events, can provide players with the opportunity to make smarter decisions with less volatility and risk. For example, instead of relying solely on a single match, you can predict the outcome of a tournament, which reduces the reliance on luck.
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A simple and effective strategy for capital management is the stop-loss and stop-win strategy. Accordingly, the player will set a specific target for the amount of money won or lost in each game session. For example, you can set a target that when you win 50% of your initial capital, you will stop playing or reduce your bets. Conversely, if you lose 50% of your capital, you will also stop. This is a way to protect yourself from losing all your money if you encounter a long losing streak.
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Another tip is to avoid high stakes games if you are not financially capable. Just like any other gambling game, over betting can lead to huge financial risks. Always set a limit on how much money you are willing to spend and stick to it.