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One of the important strategies in betting financial management is to apply a capital management system such as the "Kelly Criterion" method. This is a strategy that helps you determine a reasonable bet amount based on the odds and your confidence level in the outcome. Specifically, you should only bet a certain percentage of your current budget, which helps you minimize the risk of encountering a series of consecutive losses and protect your capital.
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The bookmaker's odds are the odds that bookmakers offer for each match or sporting event. These odds determine how much money a player can win or lose based on their bet. Odds can change constantly before and during the match depending on the actual situation. Players need to regularly monitor the odds to make accurate betting decisions.
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Another strategy is the "Fibonacci" strategy — based on the Fibonacci sequence — where you increase your bet by the sequence when you lose and return to your original bet when you win. While this strategy doesn't guarantee a 100% win rate, it can help you minimize your losses and maximize your profits if used correctly.