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Betting on big events such as the Oscars, singing competitions or elections is an attractive option for those who love big events. The odds on big event betting are usually quite high because the results can be predicted based on side information. The payouts can range from 3:1 to 10:1.

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One of the factors that helps online bettors achieve long-term success is knowing when to stop. After each win or loss, players need to have a clear plan on stopping to protect profits or minimize losses. If they continue betting when they feel no longer sober, players can easily fall into a state of "out of control betting", leading to wrong decisions.

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In particular, technology is playing a key role in enhancing the player experience and increasing competition in the industry. Bookmakers are adopting advanced technologies such as artificial intelligence (AI) to analyze player behavior, thereby providing personalized betting products and optimizing the gaming experience. AI can also help detect fraudulent behavior and gambling addiction problems, while improving the prediction process, providing more accurate odds for players.