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Another important factor is historical data analysis. Before placing a bet, find out the historical data related to the match, tournament or team you are interested in. Analyzing previous achievements will help you have a clearer view of the performance of teams and athletes. You can also find out statistics such as win-loss ratio, number of goals scored, number of goals conceded, number of fouls... All this information will help you make more accurate decisions when placing bets.

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When a player has lost a large amount of money, he or she sometimes feels as though he or she has no choice but to continue betting to recoup what he or she has lost. This mentality, also known as “loss aversion,” causes the player to continue betting blindly and without thinking about the risks. This creates a cycle of “losing again and again” that the player cannot escape.