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You continue to double your bet after each loss until you win. When you win, you return to your original bet. While Martingale can help you win back the money you lost in losing bets, if you have a long losing streak, you may run into bankroll problems. Make sure you have enough bankroll to continue betting.

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Another important factor to keep in mind when betting on sports is budget management. Proper money management will not only help you avoid big losses but also help you maintain the fun of betting. You should determine a certain amount of money that you can spend on betting, and never exceed that amount. This will help you avoid running out of money due to enthusiasm or impulsive decisions.

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Regularly reviewing your betting results is a way to learn from your results and improve your strategy. If you find that you tend to bet on uncertain events or without careful analysis, adjust your approach. This will help you avoid making the same mistakes and help you achieve better results in your future bets.