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Avoiding losing streaks is a rule to follow. If you are on a losing streak, do not try to “recover” by betting a larger amount on your next bet. This can easily lead to losing all your money. Always stick to your budget and strategy, and know when to stop.

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Finally, you need to have a strong spirit, not to be swept away by emotions in each bet. Sometimes keeping a stable mentality is the deciding factor for you to win big or avoid heavy losses. If you lose, do not be too discouraged, analyze the results and find weaknesses in your strategy to improve in the next games.

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Once you have mastered the basic tactics and capital management when playing baccarat, the next step is to develop a long-term strategy. This strategy focuses not only on winning each hand but also on looking further ahead to maximize profits throughout the game. One of the important factors in a long-term strategy is knowing when to stop. Many players tend to continue betting after winning a few hands, but if they do not know when to stop, they can lose everything they have won before.