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Another way to control risk is to split your bets. Instead of betting a large amount of money at once, you can split your bet into several smaller bets. This helps to minimize losses when you encounter consecutive losses and still have a chance to recover when you get lucky.

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Ultimately, the online betting industry in Southeast Asia has the potential to grow significantly in the coming years, but to sustain this growth, service providers, regulators and the gaming community need to work closely together to create a safe, fair and responsible betting environment. Only then can the betting industry grow sustainably and become part of the Southeast Asian economy and society.

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Practicing patience and waiting for good opportunities is a very important skill in betting. Instead of betting on every event or match that you participate in, you should learn to wait for the best opportunity. This means that you do not have to participate in every game or bet that you see, but only participate in opportunities that you have enough knowledge and confidence in. This patience will help you avoid betting recklessly and minimize the risk of losing.