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One of the factors that helps online bettors achieve long-term success is knowing when to stop. After each win or loss, players need to have a clear plan on stopping to protect profits or minimize losses. If they continue betting when they feel no longer sober, players can easily fall into a state of "out of control betting", leading to wrong decisions.

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Abstract: Technology has always played an important role in the development of the online gambling industry. This article will introduce new technologies such as blockchain, AI (artificial intelligence) and virtual reality (VR) that are being applied in online gambling. These technologies not only change the way of playing but also improve fairness, security and user experience.

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Another strategy to keep in mind is to be patient and wait for the right time to place your bet. Sometimes, it is more important to wait patiently for the right time to place your bet than to participate in every event that is available in the market. Placing your bet when the odds are in your favor and when you feel confident in your analysis can pay off in the long run. Placing your bet too early or too much can lead to unnecessary risk. There are even good times to “wait” until you have enough data to make the right decision.