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Another important factor in successful betting is understanding the different types of bets and how they affect your decisions. In sports betting, there are many different types of bets, such as Asian Handicap, European Handicap, Over/Under, Winning Team, Correct Score, etc. Each type of bet has different characteristics and odds, and understanding how these types of bets work will help you choose bets that are valuable and fit your strategy.

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In addition to keeping track of the odds, understanding different betting strategies is also important. For example, you can use the “Martingale” strategy (doubling your bet after every loss) or the “Fibonacci” strategy (increasing your bet according to the Fibonacci sequence) to control your betting amount. However, these strategies need to be applied with caution and with careful calculation to avoid large financial risks.