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Another strategy is the “Paroli,” or reverse betting strategy. With this method, instead of doubling down when you lose, you increase your bet after each win. Specifically, you start with a small bet and after each win, you double your bet. If you lose, you go back to your original bet. The Paroli strategy is less risky than the Martingale because you only increase your bet when you are winning, but it also requires the player to be able to recognize when a winning streak is about to end.

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Abstract: The legalization of online gambling in countries can bring many benefits to the economy, but it also poses risks. This article will analyze the impact of legalization on the online gambling market, from the increase in revenue for governments to the legal and social issues that need to be addressed. Typical examples are the legalization of gambling in the United Kingdom, the United States and Canada.