Betting limits are tools for responsible gaming that people use to limit the money they spend while gambling. Some operators will also allow you to set loss limits, which regulate losses. Both of these features are very handy and can make a difference, so it’s time to learn more about them.
How Do We Add Betting Limits?
Adding betting limits for gambling will require you to complete specific steps. It’s true that they may vary, but here is how it usually works:
- Go to your account and look for responsible gambling options.
- Once you find them, check if there are any betting limits and choose your preferred amount.
- Save the recently made changes.
Unfortunately, not all betting websites have this feature. Also, some of them will only let bettors make use of it by talking to the support team beforehand. In fact, a lot of websites will not offer this feature unless you ask for it, so you will need to contact customer support.
Betting Limit Timeframe
If you decide to limit your betting, you will have access to a couple of options in terms of duration. The most common options include:
- Daily
- Weekly
- Monthly
- Yearly
You may have a distinctive limit for each period, depending on the specific operator. After setting them all up, you will most likely have to wait until the betting site approves them. However, some platforms offer an automated process.
Once the limits are in place, you will be able to change them. However, people wishing to increase the limits will have to wait for approval and the latter can take up to a few days.
When Should You Use the Betting Limits?
Almost all operators that offer this feature for responsible gambling will allow people to use it before they start betting. However, this does not mean that you can’t add it later on.
We recommend using it as soon as possible because it will give you additional protection while playing. Even the best online bettors can find themselves in bad streaks and lose a lot of money, so it’s better to have something that can stop that.
Can You Set Separate Limits for Sports Betting and Casino Games?
Assuming you are using a platform that offers both sports betting options and casino games, you should be able to set separate betting limits. In fact, you should probably have two different limitations because most people end up spending a lot more on casino games than sports.
How Do You Set a Loss Limit?
You can enable the loss limit after creating an account. Once done, you will not be able to play once you accumulate losses equal to the specified amount. This option is different from the betting limits one because it will only be affected by accumulated losses.
Besides being used while betting on sports, this feature will also be present when playing casino games. The loss limits are very important there because some casino players tend to spend a lot of money.
Are There Additional Features for Responsible Gambling?
To achieve the best possible results, bettors often combine different responsible gambling features. Here is what else you can take advantage of:
