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An effective strategy when betting is to allocate a reasonable betting budget. This can include dividing the amount of money bet per day, per week or per month. Players should set a clear limit on the maximum amount of money they can spend on each bet or per game. Setting and sticking to these limits is a way to protect personal finances and help players avoid falling into a situation of losing too much.

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Another strategy that Baccarat players often apply is the Martingale Strategy. This is a fairly well-known strategy in casino games, and can be applied in Baccarat. With the Martingale strategy, you will double your bet every time you lose. The goal is that when you win, you will not only win back the money you lost, but also make a profit from your original bet. However, this strategy requires you to have enough money to withstand long losing streaks and should be carefully considered before applying.

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Please note that pre-match betting and in-play betting (live betting) are two different strategies. Pre-match betting usually allows you to analyze information, do thorough research and make the right decision. However, live betting gives you the opportunity to change your bets while the match is in progress, allowing you to adjust to the actual situation and optimize your chances of winning.