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Focusing on bankroll management is an essential strategy to avoid getting caught up in a losing streak. Players should have a clear spending plan and strictly adhere to the set limits. An effective way to manage your bankroll is to divide your betting budget into small amounts, which allows you to continue playing without worrying about losing all your investment. Maintaining a reserve fund is also important, as it will give you flexibility in bad situations, such as consecutive losses.

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By applying sound strategies, managing your emotions and knowing when to stop, you can maximize your chances and achieve success in the game of baccarat.

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One of the popular strategies in baccarat is the Martingale strategy. This is a strategy of doubling your bet after each loss to recoup your losses. For example, if you start with a bet of 1 unit and lose, your next bet will be 2 units, then 4 units, and so on until you win. When you win, you will recoup the previous loss and make a profit of 1 unit. However, this strategy requires you to have a large bankroll and the ability to withstand long losing streaks.