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It's not great, but basically if your lock is better than the lock on the bicycle next to yours, they will most likely not steal yours..

Your bike should always looks like a less interesting target [for theft] than the other bikes in the same rack.

You only need to be faster than the slowest gazelle in the pack, right?

Gazelle bikes are pretty fast ... instructions unclear.

Following Dutch jokes:

Well the lock itself for a junkie in Amsterdam has value if you get expensive one it is additional loot.