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In addition to setting betting limits, another important factor is knowing when to stop and retreat. This is one of the most important strategies in betting. If you are on a losing streak, instead of continuing to try to recover, it is better to stop and take a break. This helps you protect your finances and emotions, and prepares you for the next bet with a more relaxed and clear mind.

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In Baccarat, strategy also depends on knowing when to hit and when to stand. If your hand is a pair or a strong set, you can decide to hold on and continue playing, but if your hand is too weak, you can stop and limit your losses. Some players also use the strategy of "bluffing" to make their opponents think they have a stronger hand than they actually do. However, this strategy requires experience and a flair for reading opponents' psychology.

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Baccarat and its variations