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Record details such as the type of bet, the odds, the outcome , and any relevant notes about your thought process at the time of placing the bet. This practice not only helps you understand what strategies are working but also allows you to refine your approach based on historical data. Over time, you may notice trends in your betting behavior that can inform future decisions, leading to improved outcomes. Events such as injuries, trades, or changes in management can significantly impact the performance of teams or players. Staying informed about these developments is crucial, as they can alter the landscape of your bets. For instance, if a star player is injured, the odds of their team winning a championship may shift dramatically.