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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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Another factor in optimizing your betting strategy is understanding the different types of bets. Each type of bet has its own characteristics and different levels of risk. Asian handicaps, for example, allow you to bet on the difference between two teams, while over/under bets focus on the number of goals scored in the match. European handicaps (1x2) are simpler with the options of win, draw, and lose. Choosing the type of bet that suits your playing style and understanding will increase your chances of winning.