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Splitting your bets is also a way to reduce your risk. Instead of placing a large bet on a single event, you can split your money and bet on several different events. This not only helps you protect your capital but also creates more chances of winning. Spreading your bets wisely between events will help you limit your risk of loss and increase your ability to make a profit.

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Another strategy is the D'Alembert strategy, which is simpler and less risky than the Martingale. With this strategy, the player increases the bet by one unit after each loss and decreases the bet by one unit after each win. This is a suitable strategy for players who want to play slowly, minimize risk, but still have a chance to win.

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