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One of the popular strategies in baccarat is the Martingale strategy. This is a strategy of doubling your bet after each loss to recoup your losses. For example, if you start with a bet of 1 unit and lose, your next bet will be 2 units, then 4 units, and so on until you win. When you win, you will recoup the previous loss and make a profit of 1 unit. However, this strategy requires you to have a large bankroll and the ability to withstand long losing streaks.