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Finally, knowing when to stop is an important skill that any gambler should have. Sometimes, winning or losing too much can make you get caught up in your emotions, leading to poor decisions. Know when to back off to protect your capital and keep your mind stable. Setting a win and loss threshold to stop will help you avoid making emotional decisions.

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After a string of big wins, many players become so confident that they believe they can win every bet, no matter what. This mentality leads to them no longer adhering to their original strategy principles and making rash decisions without analyzing the situation. “Overconfidence” is one of the main reasons why many people lose big despite having won big in the past.

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