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Another strategy is the Martingale strategy, in which the player will double the bet amount after each loss until winning. However, this strategy also has great risks if the player does not have enough budget to maintain the next betting rounds.

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An effective strategy when betting is to allocate a reasonable betting budget. This can include dividing the amount of money bet per day, per week or per month. Players should set a clear limit on the maximum amount of money they can spend on each bet or per game. Setting and sticking to these limits is a way to protect personal finances and help players avoid falling into a situation of losing too much.

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10. Be patient: One of the most important things in baccarat is patience. Don't rush into making decisions when you are not sure. Sometimes, waiting and observing the situation will help you come up with a better strategy. Being patient and calm will help you minimize risks and win in the long run.