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Another strategy to protect your finances when gambling is to only use idle money. This means that players should not use money that is meant for essential needs such as rent, school fees or monthly salary to gamble. Only using money that you can save or do not need will help you minimize financial risk if you lose.

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In Poker, bankroll management is one of the most important factors. Players should set a specific budget for each session and not exceed it.

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Finally, always review your results and learn from your wins and losses. Learning from your mistakes and improving your betting strategy will help you become a better bettor. Remember, betting is a long-term process and if you can be patient, analytical and learn from real-life experiences, you will have a chance to become a successful bettor in the future.