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Avoid betting on a tie: Tie bets have a very high payout rate but have an extremely low probability of occurring. Therefore, although you can win big on a tie bet, this is not an effective long-term strategy.

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Another tip is to keep track of your betting history. Although baccarat is a game of chance, some players like to keep track of previous results to determine the trend of the bets. For example, if you see a long winning streak for Player or Banker, you can decide to continue betting on that bet for the next few rounds. However, relying too much on previous results can be a mistake, as baccarat is still a completely random game. Therefore, you should stay flexible and not rely too much on winning or losing streaks.

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An effective strategy when betting is to allocate a reasonable betting budget. This can include dividing the amount of money bet per day, per week or per month. Players should set a clear limit on the maximum amount of money they can spend on each bet or per game. Setting and sticking to these limits is a way to protect personal finances and help players avoid falling into a situation of losing too much.