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Horse racing odds vary depending on the horse, rider and race conditions. Well-known horses with good records tend to have low odds, but when lesser-known horses win, the payouts can be very high.
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Another important factor is discipline in betting. This is the deciding factor in whether you can continue to bet in the long term or not. Maintaining discipline includes adhering to the established strategies, not getting caught up in the emotional waves after each win or loss, and especially knowing when to stop. Especially when you encounter a series of failures, continuing to bet to recover can lead to big losses. Players need to learn to recognize when to stop and not continue to "chase" failures.
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An important element in betting is understanding the odds and types of bets. In sports betting, each type of bet brings different opportunities and risks. For example, Asian Handicap is often favored in football matches, when the bookmaker sets a handicap for the underdog team. Over/Under bets allow players to bet on the total number of goals or points in the match, which requires players to have a deep understanding of the teams, the form of the players and other factors such as the weather or the coach's tactics.