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Odds for the Euro champions typically range from 3:1 to 8:1, with strong teams like France or Spain having low odds. However, underdogs can offer very high payouts.
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Besides, being patient and waiting for a good opportunity is an indispensable strategy. You do not need to bet on every event that you see, but only participate when you feel there is a really good opportunity. Ignoring uncertain matches or matches with insufficient information will help you minimize risks and only bet on events that you have a high chance of winning.
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Another thing to keep in mind is to use a reasonable money management strategy. Never bet too much on a single match, but allocate your budget reasonably. This will not only help you minimize your risk but also help you stay in the game for a long time. Some professional players apply a betting strategy based on a percentage of their budget, such as betting only 2-5% of their total account. This is a good way to keep your mind steady and limit your risk.