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Time and money management are also important. Always know when to stop, especially after a long winning or losing streak. Taking breaks when necessary will help you stay calm and avoid making rash decisions. Remember that long-term strategy and patience are the keys to success in sports betting.

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An important factor to remember when playing Baccarat is to understand the payout ratios. Although the Banker bet has a payout ratio of 1:1, you will be charged a commission fee, usually 5%, if you win. The Player bet also has a payout ratio of 1:1, but there is no commission fee. The Tie bet has the highest payout ratio, up to 8:1 or 9:1, but the probability of this bet occurring is very low, so betting on a Tie is not a safe choice.