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"Fear of Losing" Psychology

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avieitorOne thing to keep in mind when playing roulette is the choice of bets. You can bet on a specific number (single number bet), or choose to bet on a group of numbers, colors (red, black), or groups of numbers (even/odd, low/high). Each type of bet has different payouts and different odds of winning. Bets on groups of numbers or colors usually have higher odds of winning but lower payouts. Conversely, bets on a single number have high payouts but lower odds of winning.

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Monte Carlo and the first casino in Monaco: In 1856, Duke Charles III of Monaco founded the Casino de Monte-Carlo in Monaco, one of the most famous casinos in the world. This casino not only catered to European aristocrats but also attracted wealthy tourists from all over the world. With a combination of games such as roulette, blackjack and baccarat, Monte Carlo became a symbol of luxury and class in the gambling industry.

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Avoiding betting on overly risky events is also a way to help players minimize risks. Betting on matches or events that you do not have a clear understanding of will increase the possibility of losing. Therefore, it is better to focus on games or events that you have a clear understanding of, can analyze and are more confident when betting.