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Also, it's critical to refrain from chasing losses by raising your stakes in an effort to make up for earlier losses. At all costs, stay away from this as it may result in more financial difficulties. The size of your bets in relation to your bankroll is a crucial component of bankroll management. It's generally advised to wager no more than a small portion of your bankroll—roughly 1 to 5 percent—on any given wager.