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However, Baccarat is not only known as a game of luck. This game also requires a certain understanding of the rules and strategies to maximize the chances of winning. One of the popular strategies is to manage your bankroll and keep track of winning and losing streaks. Many players also apply the Martingale strategy, in which they double their bets after each loss to recoup their losses.
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Another important strategy in Baccarat is reading the situation and your opponents. You don’t just play with your cards, you also have to know how to assess the situation and the psychology of the opponents around you. This is not always easy, but when you know how they play, you can easily predict their next move. For example, if your opponent often bets big when they have good cards, you can judge that when they bet small, they probably have a weak hand.
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A simple and effective strategy for capital management is the stop-loss and stop-win strategy. Accordingly, the player will set a specific target for the amount of money won or lost in each game session. For example, you can set a target that when you win 50% of your initial capital, you will stop playing or reduce your bets. Conversely, if you lose 50% of your capital, you will also stop. This is a way to protect yourself from losing all your money if you encounter a long losing streak.