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Betting on horse racing outcomes is an old and popular game in many countries. In this game, players bet on the outcome of horse races, predict which horse will win or bet on other situations such as who will finish first in a multi-horse race. Horse races are usually held at professional racetracks and players can bet online through bookmakers.

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Properly dividing your betting budget is also an important factor to help you maintain your betting in the long term. A popular strategy is "percentage betting". You should only bet a small portion of your total money, for example 2-5% of your total capital. This will help you maintain financial stability even when you encounter a long losing streak. When you win, your betting amount will increase proportionally, but when you lose, you only lose a small portion of your capital, minimizing the risk of losing all your money.

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Psychology is a key factor in long-term success in betting. Sometimes, emotions can lead you to make bad decisions, especially when you are on a losing or winning streak. Keeping calm and controlling your emotions is extremely important.