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This entails only placing bets with funds you can afford to lose & resisting the urge to increase your wagers in an attempt to cover losses. Deciding on the ideal wager size for your budget is a crucial component of bankroll management. It's critical to strike a balance between placing bets big enough to possibly result in sizable wins and small enough to not quickly deplete your bankroll. A lot of experts advise staying with bets that represent 1% to 2% of your entire bankroll each spin. It's also critical to monitor your wins and losses so that you can modify your betting approach.