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An extremely important factor in the betting process is knowing when to stop. This applies not only when the player loses a bet, but also when the player wins big. When winning too much, the player can get carried away and bet bigger, leading to the risk of losing everything they have won. Therefore, it is very important to have a strategy for stopping at the right time. For example, the player can decide to stop after winning a certain amount, or when reaching the goal that was initially set.

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One of the popular strategies in baccarat is the Martingale Strategy, where the player doubles his bet after every loss. This can help you recoup your losses if you win after a losing streak. However, this strategy requires the player to have a large enough bankroll to withstand a long losing streak, and can also be very risky if you encounter casino betting limits.