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Over time, you can increase your chances of winning and reduce your losses by managing your bankroll wisely. Budgeting your gambling expenditures and adhering to them is a crucial component of bankroll management. It is imperative to wager with funds you can afford to lose and refrain from exceeding your means in an attempt to recover losses. Establishing boundaries for your bets on a per-hand basis, taking into account your overall bankroll and risk tolerance, is also crucial. Knowing when to give up is a crucial component of bankroll management.