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Martingale is a strategy of doubling your bet after every loss. If you lose, you will bet twice as much to recoup your previous loss. However, this strategy requires you to have a large enough bankroll to avoid running out of money when you have a long losing streak.

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An essential part of sports betting is choosing a reputable and trustworthy bookmaker. Bookmakers can greatly influence your betting strategy, from odds, financial transactions to the quality of customer service. Choose bookmakers that are clearly licensed and have good reviews from the community to ensure you do not encounter unnecessary risks. Big bookmakers often offer a wide range of betting options, from live betting to cross-betting, over/under or Asian handicap, giving you more chances to win bets.

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The odds in WSOP depend on the skill of the player, with better players having a higher chance of winning. However, the game is also very luck-based, and the payouts can be huge.