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Risk assessment: Determine how much you can afford to lose and set a budget accordingly.
Budget allocation: Divide your bankroll into units, allocating a specific amount for each bet.
Cash flow: Monitor your income and expenses to make sure you’re not betting with money you can’t afford to lose.
Unit sizing: Adjust your bet sizes based on your confidence level and the odds.
Emergency fund: Set aside a portion of your bankroll for unexpected expenses or extended losing streak

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