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In addition to Martingale, another method is the Paroli strategy, also known as the streak betting strategy. Instead of doubling down when you lose, you increase your bet when you win. The idea is to make the most of your winning streaks and protect your capital when you lose. This is a less risky strategy than Martingale and is preferred for long games.

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After a string of big wins, many players become so confident that they believe they can win every bet, no matter what. This mentality leads to them no longer adhering to their original strategy principles and making rash decisions without analyzing the situation. “Overconfidence” is one of the main reasons why many people lose big despite having won big in the past.

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In addition, betting on social and political events is becoming increasingly popular, especially in elections, international political competitions or important events such as the US Presidential race. Players can bet on the results of these events, such as who will win the election, the percentage of votes of the candidates, or unexpected events that may occur during the election. This is an interesting and attractive type of betting, especially for those who are passionate about politics and society.