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Another strategy that some players choose is the Fibonacci Strategy, which uses a Fibonacci sequence to determine the next bet amount. This is a less risky strategy than Martingale, but it also requires patience and persistence. The theory behind this strategy is that you will not bet too much money if you lose, and it will help you maintain your bankroll over long rounds.

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In contrast to overconfidence, some players fall into a state of "fear of losing", especially when they have experienced a long losing streak. At this point, they start to tend to be overly cautious, placing smaller bets to minimize losses. However, this fear can cause them to lose the chance of winning because they do not dare to bet on opportunities with high winning rates.

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Keeping track of reputable and legally licensed bookmakers is an important factor in choosing a safe online betting platform. Players should choose licensed bookmakers with good reviews from the community, as these bookmakers often have transparent security policies and transaction processing. In addition, reputable bookmakers will also provide safe and secure payment methods, giving players more peace of mind when making transactions.