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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.

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The house edge in baccarat cannot be ignored, especially when you bet on the "Tie" bet. The "Tie" bet can bring attractive profits with odds of 8:1 or 9:1, but the probability of it happening is very low. That is why experienced players advise you to avoid the "Tie" bet if you want to stick to your budget and maintain a long-term strategy. The "Player" and "Banker" bets, although have a slightly lower winning rate, are safer and have a higher probability of winning, especially when you play long term.