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When a player has lost a large amount of money, he or she sometimes feels as though he or she has no choice but to continue betting to recoup what he or she has lost. This mentality, also known as “loss aversion,” causes the player to continue betting blindly and without thinking about the risks. This creates a cycle of “losing again and again” that the player cannot escape.

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Summary: The COVID-19 pandemic has had a profound impact on every industry, and online gambling is no exception. This article will analyze the impact of the pandemic on online casinos, from the strong growth during the lockdown period to the change in player behavior, as well as how gambling companies have adapted to the new situation with online betting services and new games.

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Learning to stay calm and patient throughout the betting process is something every bettor should practice. When you learn to be patient and wait for the best opportunity, you will be able to find more valuable bets, instead of rushing to bet on uncertain matches. This will not only help you stay calm in every decision but also help protect your personal finances.