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One way to minimize your risk in betting is to always remember to bet wisely. This means that you should not bet too much on one game, no matter how confident you feel. Spreading your bets and betting only a small amount on each game will help you limit your losses if you lose. This is especially important when you are on a losing streak, to protect your capital and maintain your long-term betting ability.

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Finally, choosing the right bet is also an essential part of your betting strategy. Each bet has different characteristics and odds of winning, so understanding the different types of bets will help you make the right choices. Some bets may have high odds but also high risks, while safe bets have low odds of winning but bring long-term stability.

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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.