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When players know they have a set limit, they can approach each bet with a clearer mindset, reducing the likelihood of making impulsive decisions driven by emotion. Knowing when to walk away is another critical component of high-stakes betting psychology. The allure of potential winnings can make it difficult for players to leave the table, especially after a series of wins. Setting predetermined exit points, whether based on time or profit, can help players avoid the pitfalls of overconfidence and greed. While it’s easy to focus on losses, successful players often emphasize the importance of maintaining an optimistic outlook. This doesn’t mean ignoring the reality of losses; rather, it involves reframing setbacks as learning opportunities.