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Paroli Strategy: This is a “doubling down” strategy but with a different condition. Instead of doubling after every loss, the player doubles the bet after every win. The goal of the Paroli strategy is to take advantage of winning streaks and minimize risk. This is a less risky strategy than the Martingale.

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In the online betting environment, controlling emotions and managing personal finances are extremely important factors to achieve long-term success. Players need to have a clear strategy, know when to stop and not let emotions dominate their betting decisions. One of the golden rules in betting is to set a limit for each game, and always have a long-term plan. Without a clear strategy, players can easily get caught up in a spiral of loss that they cannot control.