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In addition, you should also clearly define your betting goals. If you participate in betting just for fun, you will be more willing to accept risks. However, if you want to make money from betting in the long term, you need to have a clear plan and follow certain principles. This means you need to know your betting limit, never exceeding the amount you can afford to lose.
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Learning how to manage risk is an important skill to avoid losing all your money. A smart betting strategy is not only to bet on the games you feel confident about, but also to limit unnecessary risks. Sometimes, passing on a few betting opportunities can help you avoid big losses and protect your capital.