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Economy => Gambling discussion => Topic started by: Oshosondy on July 24, 2023, 07:19:20 AM



Title: Deposit limits
Post by: Oshosondy on July 24, 2023, 07:19:20 AM
This is how it is on gambling sites:

Quote
Many of our customers use Deposit Limits to manage their spending. Limits can be set for a 24 hour, 7 day or 30 day period and cannot be overridden

You can decrease your Deposit Limits at any time and this will be applied immediately.

Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more. If you wish to increase a limit you will need to wait 24 hours before we action your request and then return to our site to confirm that you still want to increase it.

I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.


Title: Re: Deposit limits
Post by: letteredhub on July 24, 2023, 08:06:55 AM
I take this as a strategy by the gambling site to make the customer feel as if he's in charge of his gambling spending whereas moving forward he keeps on increasing his gambling deposit limit either by weekly or monthly. In no time if care isn't taken enough you might not know when you have moved from #100 limit in a week to $1000.
This idea of deposit limit can only work for those gambler's with core discipline with their spending and not for a loss chaser gambler.


Title: Re: Deposit limits
Post by: danherbias07 on July 24, 2023, 08:23:56 AM
Truly it will be a lot of help for those with gambling problems. Limiting the deposit amount will lessen the losses, especially for those who play every day and like spending more at each bet while aiming for the jackpot shots.
I see gamblers who spend a lot of time in casino games that have a betting minimum of $0.01 so $100 will keep him busy for 10000 bets, that's if he loses in a long streak which I doubt happens.
Right now, that is my strategy, waiting for the jackpot to hit while betting less, but it sure does take a lot of time before profits can be made. It's not a recommended type of strategy for those who don't have patience.


Title: Re: Deposit limits
Post by: aylabadia05 on July 24, 2023, 08:36:24 AM
Too good gambling sites to warn players about deposit limits. By itself the gambling site wants to make its customers not addicted.
On some of the gambling sites that I usually play, I have never come across a warning like the quote from the gambling site.
Most gambling sites that I often play only provide information about the withdrawal limits that players can make within 24 hours.


Title: Re: Deposit limits
Post by: alastantiger on July 24, 2023, 08:54:18 AM
There are deposit limits, and that is what the casino has stated. However, they are not our mothers or drill instructors who would tell us what to do and what not to do. They simply inform us that as gamblers, we have the option to set limits on our deposits for either a 24-hour, 7-day, or 30-day period. Additionally, they provide another option to increase the limit, but you must wait for a 24-hour period, which should be enough time for any sensible and responsible gambler to reconsider. I want to believe that there is also an option to cancel the increased limit in case of a change of mind.

No matter what, they have left us with a choice. They are not to be blamed for someone becoming an addict, and I do not see anything shady about them. Every gambler must take responsibility for their habit and not shift the blame to the casinos.


Title: Re: Deposit limits
Post by: Outhue on July 24, 2023, 08:57:41 AM
Everyone can set a daily limit on any platform but is it going to be effective and make everyone gamble responsibly? Nah, and it's also adjustable, it's good though but been disciplined doesn't end with daily limit availability on online casinos, gambling rsponbile starts within the gamblers themselves.

Casinos trying to help? Well thank you but it's still about the money, about the gambler's losses.

Learn to be disciplined from within and not through anything else, gamble responsible using your very own strategy, it's not hard unless you made it seem so, get used to using what you can only afford to lose.


Title: Re: Deposit limits
Post by: ethereumhunter on July 24, 2023, 09:05:13 AM
That means every gambler is responsible for his gambling and must know how to manage his money for gambling. If a person cannot control his finances to gamble, he should not gamble or approach gambling. Many people have lost a lot of money from gambling so they don't need to follow it and it's better to find other entertainment. Self-discipline is needed in gambling, including having the self-discipline to limit his money and time to gamble to how many times a week he can gamble. If he has good self-discipline, he will not get addicted to gambling because he can take good care of himself while gambling.


Title: Re: Deposit limits
Post by: Strongkored on July 24, 2023, 09:29:15 AM
It would be very helpful if the casino set a deposit limit change not only to 24 hours but a week because it means that players will have to wait longer to be able to make a deposit again if they have reached the limit they have set, but I think the casino will not be willing to apply a longer time because they are worried that the players will go to another casino because they feel that this arrangement prevents them from continuing to channel their desire to gamble at any time with any amount of money.
It seems that this kind of feature will never be used by small gamblers because they already have a limit on their funds even though there is an opportunity to use borrowed money, but gamblers who can still control themselves will stay at the limit and will not try to fulfill their desire to play in a way that can harm them such as borrowing or using money that is not supposed to be for gambling, so self-control will be very necessary if you want to keep playing and never put our finances at risk.


Title: Re: Deposit limits
Post by: knowngunman on July 24, 2023, 09:30:56 AM
I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

You presented an evidence but still refuting same  ;D of course it's still deposit limit and it's clearly written in your quote.
Quote
Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more.

I think this is a way of casinos trying to help gamblers managing their finance while playing in their platform and it will work at least for short time. It's now your responsibility to discipline yourself and control your habit while gambling and if you can still not discipline yourself then the gambling site got you covered for at least 24 good hours.  ;D I believe if they increase the time limit from 24 hours to a week or month now we'll start roasting them and appeal for review to decrease the time limit and possibly start creating multiple accounts to bypass if they refused.


Title: Re: Deposit limits
Post by: swogerino on July 24, 2023, 09:49:11 AM
This is how it is on gambling sites:

Quote
Many of our customers use Deposit Limits to manage their spending. Limits can be set for a 24 hour, 7 day or 30 day period and cannot be overridden

You can decrease your Deposit Limits at any time and this will be applied immediately.

Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more. If you wish to increase a limit you will need to wait 24 hours before we action your request and then return to our site to confirm that you still want to increase it.

I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

You said it yourself for people who have no real self discipline or self control whatever mechanisms the casino puts in place to prevent people from going and losing dramatically they are not going to work.Most gamblers put the limit there and sometimes they put it so high up to 1 year in certain casinos that they have self excluded themselves for long and yet when they want to come back they come with another account and email.Based on this I think that the only real solution to such problem is the people who gamble to learn self discipline and self control in order to avoid addiction and big loses.


Title: Re: Deposit limits
Post by: piebeyb on July 24, 2023, 10:03:59 AM
It should start with ourselves starting to learn to be disciplined in managing and limiting deposits. I think it's a really good idea if a gambling platform wants to help gamblers limit deposits and do that, but still it all comes down to the gambler's own decision, because if the gambler still doesn't want to limit it, it's the same as the gambling platform can't hold them back. it is difficult to control addicts, especially if addicts do not have the desire to stop themselves, of course, it is rather difficult to stop them

Yes, even though this method can help reduce gambler addiction, it will not be possible to fully work easily, everything returns to oneself by limiting daily or weekly deposit limits, to be honest, I don't need this because I can already limit my weekly deposit for gambling, but maybe it will be useful for those who really want to reduce losses in gambling.  :D


Title: Re: Deposit limits
Post by: Wiwo on July 24, 2023, 10:12:23 AM
A deposit limit is a sure way to minimize deposits when losses occur,  but not all casinos have this feature so I will like to know which casino that is that offers such services,  and this is a good way to protect the customer from going bankrupt because setting a deposits limit,  it becomes impossible for the gambler to deposit excessively trying to chase a lose but this is one sure way to avoid addictions also setting a small limit can be helpful and since the gambler can stake higher than their set limit if they balance is up to that make it more fun for all,  because a gambler can decide to wager along with the proportion of their balance since there can accumulate more balance from their winnings and more also getting a rake back is not also affected by this deposit limit features.

If I am to go for such a feature I will likely will if stake.com should offer such,  I will limit my deposit for up to 30 days and that should be ok in the end and if I may likely change the limit amount for deposits,  I will likely decrease it on a monthly bases until I don't have to deposits any more,  what I will do is to leave a small amount on my balance in the casino after each winning,  doing so,  I won't have to make new deposits at each point.

Nice to have you bring this here,  and as an addition to the ops please include the casino that already has the features in place because we have some members who will love to try this out.


Title: Re: Deposit limits
Post by: cryptomaniac_xxx on July 24, 2023, 10:21:55 AM
I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

You presented an evidence but still refuting same  ;D of course it's still deposit limit and it's clearly written in your quote.
Quote
Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more.

I think this is a way of casinos trying to help gamblers managing their finance while playing in their platform and it will work at least for short time. It's now your responsibility to discipline yourself and control your habit while gambling and if you can still not discipline yourself then the gambling site got you covered for at least 24 good hours.  ;D I believe if they increase the time limit from 24 hours to a week or month now we'll start roasting them and appeal for review to decrease the time limit and possibly start creating multiple accounts to bypass if they refused.

I think he just wanted to show that there is such thing as deposit limit that we gamblers can set. As far as I can remember, we have similar threads about deposit limits. And to be honest, I'm not sure if this is implemented online.

And now that we know, and thanks to the OP, it might help certain gamblers at least for 24 hours or as high as 30 days.

But as we all know of, this is business and as much as we can see it in their TOS, there could still be loopholes.


Title: Re: Deposit limits
Post by: Sim_card on July 24, 2023, 10:40:01 AM
This deposited limit will help daily gamblers to control the funds that they spend daily on gambling. This is because if my daily limit is $15 and I have gamble that amount,for me to increase it I need to wait for another 24hrs approval which has helped to stop that gambler on gambling more than $50 that day. However,the gamblers that will always benefit from this are those gamblers that have self-control over their gambling activities, but an addict will increase till the amount gets to $1000 for his/her daily limits. The casino should consider having only weekly and monthly limits,so that they can help gamblers to control their gambling expenses.


Title: Re: Deposit limits
Post by: passwordnow on July 24, 2023, 10:57:46 AM
Whether there are deposit limits or none, at the end of the day it's still the call of the gambler. He can entirely lose that limit within the day and have it refreshed if the feature allows it after 24 hours has passed. I think the best limit is what is set in our minds and the control that we have for our gambling activities. You always remember what everyone is saying about the amount we can afford to lose. So, if you're the one to control the limits, you'll surely even increase it based on the mood that you have within the day.


Title: Re: Deposit limits
Post by: abel1337 on July 24, 2023, 11:44:21 AM
This is how it is on gambling sites:

Quote
Many of our customers use Deposit Limits to manage their spending. Limits can be set for a 24 hour, 7 day or 30 day period and cannot be overridden

You can decrease your Deposit Limits at any time and this will be applied immediately.

Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more. If you wish to increase a limit you will need to wait 24 hours before we action your request and then return to our site to confirm that you still want to increase it.

I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.
I thought that the topic of this thread is headed to deposit limits that stop money launderers from abusing the no deposit limits of the casino but yeah I'm only assuming thats the case. At least the casino tried doing initiative like this on possibly stoping gamblers from over spending on their casino which usually casino don't care on how much gamblers spend in their casino, as casino earns mainly from them. We all have our own lives and people that have a gambling addiction can only control themselves, atleast with this feature, they should be aware of the overspending they could do in the casino.


Title: Re: Deposit limits
Post by: Fivestar4everMVP on July 24, 2023, 12:02:31 PM

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.
If indeed there be a way for gamblers to set a daily deposit limit, then you are absolutely right about it being the only kind or type of deposit limit that will be useful, but assuming that there is actually no way to set a daily limit, then i will just tell you that this casinos knows exactly what they are doing, and that it was never their intention to make the deposit limit work and be effective for gamblers, and this can be understood by the fact that most gambling casinos will do anything to maximize their profit one hundred percent, the only one i know works if self exclusion, but maybe this is because most casinos know that a gambler can self exclude their self on one account, then later on sign up another account to continue playing.
The best way to just be safe in gambling is to just learn to discipline your self, depending on casinos to help you discipline you is a waste of time.


Title: Re: Deposit limits
Post by: Darker45 on July 24, 2023, 12:22:14 PM
Gambling sites will have to protect both their patrons and their business interest. So they probably wouldn't introduce a feature that would somehow affect their revenue to a significant extent or discourage gamblers from using their platform.

This feature in particular won't probably save a gambler from addiction, especially if the gambler is already beginning to show signs that he/she is not anymore in full control of his/her urge.

Nothing defeats self-discipline.


Title: Re: Deposit limits
Post by: Kemarit on July 24, 2023, 12:50:38 PM
Whether there are deposit limits or none, at the end of the day it's still the call of the gambler. He can entirely lose that limit within the day and have it refreshed if the feature allows it after 24 hours has passed. I think the best limit is what is set in our minds and the control that we have for our gambling activities. You always remember what everyone is saying about the amount we can afford to lose. So, if you're the one to control the limits, you'll surely even increase it based on the mood that you have within the day.

But still though, they could find a way to go around this and still can play? I know someone, I will say that his local wallet has a limit (fiat wallet), for deposit and withdrawal. So if he reach that limit he can't used his wallet anymore and will have to wait for the 1st day of the month to reset everything. However, if he wanted to gamble and play, he will simply borrow someone's wallet and continue to play. My point is that still boils down to self control, whether we take advantage of deposit limit or not, still up to us. Because if we wanted to, we might think of ways to still continue to play per day even if we have reach our limits.


Title: Re: Deposit limits
Post by: Yogee on July 24, 2023, 01:10:14 PM
[....]This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.
There is a deposit limit but not in the absolute sense like what you understand - it's relative in the case of casino policies.
I agree with what Darker said on protecting both parties. This is obviously good from the business perspective and also on the players since it helps them manage their bankroll better.


Title: Re: Deposit limits
Post by: Die_empty on July 24, 2023, 01:17:27 PM
I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.
This protective measure will just limit gamblers from chasing losses after reaching the daily benchmark. Like OP said relying on these gambling firms to control your betting activities is a waste if time because it you gamble more, they earn more. Therefore, there is need to be self-disciplined because the betting company is not willing to stop you from over gambling.

I take this as a strategy by the gambling site to make the customer feel as if he's in charge of his gambling spending whereas moving forward he keeps on increasing his gambling deposit limit either by weekly or monthly. In no time if care isn't taken enough you might not know when you have moved from #100 limit in a week to $1000.
This idea of deposit limit can only work for those gambler's with core discipline with their spending and not for a loss chaser gambler.
Your opinion also suits my views. It is just a strategy to make gamblers feel that casinos care about them. If they really care, this gambling limit should be increased after one year because 24hours restrictions is not enough. One year restriction might not be the solution to gambling addiction but it will reduce over gambling to some extent. But gambling firms won't take proper measures because it will affect their business negatively. Addicted gamblers will still find ways to invade these restrictions and might just register on more gambling sites.


Title: Re: Deposit limits
Post by: noormcs5 on July 24, 2023, 01:44:02 PM
I take this as a strategy by the gambling site to make the customer feel as if he's in charge of his gambling spending whereas moving forward he keeps on increasing his gambling deposit limit either by weekly or monthly. In no time if care isn't taken enough you might not know when you have moved from #100 limit in a week to $1000.
This idea of deposit limit can only work for those gambler's with core discipline with their spending and not for a loss chaser gambler.

A gambler has to set the deposit limit for himself and there is no way any gambling site will assist you. Gambling sites will surely want to put a limit on the withdrawal but they will welcome any amount of deposits without any objection. The one example where the OP quoted a deposit limit set by the casino is only the marketing technique to convince people that this casino cares for the gambler but in reality this is not the case.

We should not depend upon the gambling casino to save us, we need to our prepare the plan to minimize our losses and maximize
our profits


Title: Re: Deposit limits
Post by: TheUltraElite on July 24, 2023, 01:48:15 PM
Self-discipline is what I understand is a old but gold concept that works in every field of life and keeps a human safe from problems.

It is similar in gambling, the casinos are going to profit from your losses but they have set up things to keep you safe and caged. But you are allowed to break them otherwise the casino will never be able to capitalize on your "self-indiscipline".

I think moderation is the key here and if you are disciplined enough, you would not be EV- gambling in the first place, you would look for other skilled methods to work it out and invest in the proper places.


Title: Re: Deposit limits
Post by: Jawhead999 on July 24, 2023, 01:59:34 PM
Deposit limits? I imagine if I have set up deposit limit $50 per day, $350 per week, and $1,400 per month. What if I make deposit worth of $1,500 in once? technically my other $100 should can be gambled in the next month, but it's a big joke if the $100 will become a donation for the casino since I deposit more than the maximum my deposit limits. I've never heard any crypto casino has this feature, it's not useful to be honest.


Title: Re: Deposit limits
Post by: bangjoe on July 24, 2023, 02:14:38 PM
This is how it is on gambling sites:

Quote
Many of our customers use Deposit Limits to manage their spending. Limits can be set for a 24 hour, 7 day or 30 day period and cannot be overridden

You can decrease your Deposit Limits at any time and this will be applied immediately.

Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more. If you wish to increase a limit you will need to wait 24 hours before we action your request and then return to our site to confirm that you still want to increase it.

I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.
This is one of the conservative actions of the casino to keep their customers from exceeding the limits that they have set for themselves, it is a good step, and shows that they care about their customers well, I think this action is worthy of respect, because if you think about it in numbers, they certainly won't get much money from gamblers.

But for those who are addicted and want to play again with unquenchable ambition after finding their gambling limits confined to one casino, perhaps the gambler will create another account or move to another casino to feed his curiosity with the winnings he is waiting for.

Which in the end returns to each gambler again, how can they control themselves properly so they don't gamble too much.


Title: Re: Deposit limits
Post by: Oshosondy on July 24, 2023, 02:23:18 PM
Nothing defeats self-discipline.
This is exactly what this thread is indirectly all about. People should gamble responsibly and gamblers should have self-discipline in gambling. If not having those and the person is addicted, he will only prefer to choose 7 days or 30 days, lose and increasing the amount which makes nothing to change. It is people that have self-discipline that will go for 24 hours. That said, there are many other gambling sites that gamblers are using, we have more than one gambling site that we are gambling and many of the sites do not have this feature.


Title: Re: Deposit limits
Post by: bitbollo on July 24, 2023, 02:57:31 PM
Nothing defeats self-discipline.
This is exactly what this thread is indirectly all about. People should gamble responsibly and gamblers should have self-discipline in gambling. If not having those and the person is addicted, he will only prefer to choose 7 days or 30 days, lose and increasing the amount which makes nothing to change. It is people that have self-discipline that will go for 24 hours. That said, there are many other gambling sites that gamblers are using, we have more than one gambling site that we are gambling and many of the sites do not have this feature.

for those who use cryptocurrencies, further solutions can be implemented... such as a cold storage (maybe placed somewhere "far away" / hard to be accessed).
Create wallets with multiple signatures (2 of 3 signatures etc), password protected etc etc
Funds in a timelock contract... ::)

In addition to the classic feature of some casinos, with crypto you can exclude yourself in several way and not only in one casino ;)


Title: Re: Deposit limits
Post by: QueenVera on July 24, 2023, 03:45:57 PM
  It Is a very nice idea and could serve as a risk management in gambling, thereby helping bettors reduce their addictions for gambling for instance if I set my gambling limit to $100 for 7 days I know that my daily budget for the is about $14 so it would encourage me to gamble responsibly because when I exceed my  budget for the day I'll have to wait and strategies of how to spend my $14 in gambling to win the next day, it Is a very good Idea by various platforms to help bettors control their reckless spending in gambling activities.
 
 This would help people in managing their funds and making choices in making deposits of funds they could risk losing, and would also help people to different money meant for gambling and the one for other bills, because most people would want to recover their loss and temper with food, utility or other bills which is considered very risky, although this could help tame addicted and reckless gamblers but in a case where gamblers are impatient they could easily create another account or sign up with other sites as well so this would mostly work for those gamblers that have tolerance.


Title: Re: Deposit limits
Post by: Aanuoluwatofunmi on July 24, 2023, 03:52:19 PM
The thing is very simple, only make deposit of the amount you think you can afford on gambling, if you also feels like reducing the extent to which you gambles oftentimes, then you can set a limit to the amount you deposited to your casino wallet, this is very easy to do, when we have the personal right to control how we gambles, we should not rely on external drive to control us than we taking a step by ourselves to manage how we gambles before it gets out of hands.


Title: Re: Deposit limits
Post by: wiss19 on July 24, 2023, 04:00:39 PM
I'm pretty much surprised that the casino has written that one should never decide to increase their limit only because they've lost money and want to recover it by gambling more, because when that happens, the casino earns more money, but if they are warning their players about this, it means they want them to be responsible gamblers which is exactly why they have provided a tool like this so that people can limit their gambling activities.

But still, as you said, one cannot be stopped this way if they allow increasing and decreasing the amount with only an interval of 24 hours if they really want the players to be responsible gamblers and don't be able to deposit more than once they've lost the amount they've set, they shouldn't allow them to change the numbers at least more than once a month if you set it to $100, you can't change it back until after one month.


Title: Re: Deposit limits
Post by: AbuBhakar on July 24, 2023, 04:09:13 PM
This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

This is the farthest thing casino can give to players to control addiction without hurting their business. I will take this feature if this is available on the casino I’m playing. Can you share what casino offer this kind of temporary deposit limit.

This is helpful to players that still barely manage to control their addiction but completely useless to those players that is spending most their time gambling. This feature will save me a lot of money every week since I’m only playing once or twice a week while I can set up this limits on 30 days period.


Title: Re: Deposit limits
Post by: Gozie51 on July 24, 2023, 04:09:37 PM

On some of the gambling sites that I usually play, I have never come across a warning like the quote from the gambling site.
Most gambling sites that I often play only provide information about the withdrawal limits that players can make within 24 hours.

I'm also not use to such gambling site warning players on the limit for their deposit. This site must be a "saint" not wanting to attract extra money from the gamblers pocket. What I know is about football betting where gamblers are not expected to bet beyond stipulated amount per slip.

This should be nice for gamblers if it is for casinos.


Title: Re: Deposit limits
Post by: Weawant on July 24, 2023, 04:21:27 PM
That means every gambler is responsible for his gambling and must know how to manage his money for gambling. If a person cannot control his finances to gamble, he should not gamble or approach gambling. Many people have lost a lot of money from gambling so they don't need to follow it and it's better to find other entertainment. Self-discipline is needed in gambling, including having the self-discipline to limit his money and time to gamble to how many times a week he can gamble. If he has good self-discipline, he will not get addicted to gambling because he can take good care of himself while gambling.

Self-discipline has many advantage and it should be what every gamblers should be practicing instead of depending on casino to do it for them. Self discipline prevents you from getting addicted as you'll be already discipline and won't over game or spend over your budget.

You should set your deposit limit, and also set our gambling limit. We should be incharge of our decision and not allowing casinos make it for us because they'll always find ways to decieve us into thinking we're doing what best for us whereas we're just doing their wants.

If you can't discipline yourself for your deposits then don't gamble because you'll be putting yourself at a position for addiction to get hold of you very quickly. Self-discipline is also require for you to manage the money you win from gambling so you don't waste them.


Title: Re: Deposit limits
Post by: retreat on July 24, 2023, 04:37:28 PM
If there is a casino platform that provides a feature like this, it is a very good casino platform, because they really care about the effect addiction has on their users and setting limits like this will prevent users from being able to deposit over a certain period of time and it will prevent them from spending more money on their games.
But I doubt that there will be many casino platforms that put a feature like this, because it's like prohibiting people from sending money to them and of course most casino platforms prefer to set withdrawal limits compared to deposit limits.


Title: Re: Deposit limits
Post by: molsewid on July 24, 2023, 05:05:37 PM
If there is a casino platform that provides a feature like this, it is a very good casino platform, because they really care about the effect addiction has on their users and setting limits like this will prevent users from being able to deposit over a certain period of time and it will prevent them from spending more money on their games.
But I doubt that there will be many casino platforms that put a feature like this, because it's like prohibiting people from sending money to them and of course most casino platforms prefer to set withdrawal limits compared to deposit limits.
I never heard something like this but this could be good since they can help the gamblers to have a limit and discipline to themselves, if we can't discipline ourselves maybe this feature can really help us. But the thing is other people doesn't want that limit, it will break the momentum of the game but it will be for their own sake of course that's why we need it.


Title: Re: Deposit limits
Post by: Aikidoka on July 24, 2023, 05:26:21 PM
Yeah I think this works well for gamblers who gamble daily. It would be pretty good for them not to exceed their set limit and gamble much more than they should. However, for gamblers who only gamble once in a while it may not matter as much. After all, one should know precisely when to stop and when not to. It's your money, and being wise before losing it all is important because gambling isn't even a joke tho

But to be honest, the feature of setting a limit isn't bad especially for people who are trying to gradually overcome gambling addiction. It would be helpful for them if they genuinely want to break free from it imho.


Title: Re: Deposit limits
Post by: AmoreJaz on July 24, 2023, 05:38:11 PM
Yeah I think this works well for gamblers who gamble daily. It would be pretty good for them not to exceed their set limit and gamble much more than they should. However, for gamblers who only gamble once in a while it may not matter as much. After all, one should know precisely when to stop and when not to. It's your money, and being wise before losing it all is important because gambling isn't even a joke tho

But to be honest, the feature of setting a limit isn't bad especially for people who are trying to gradually overcome gambling addiction. It would be helpful for them if they genuinely want to break free from it imho.

this feature is indeed helpful to those that are in addiction mode or is about to be addicted in gambling and also to those who want to control their gambling impulses. but for just occasional gamblers, they won't need such restriction as they will only play if they have spare funds or spare time. most of the time, they only gamble if his favourite team is playing or just to pass the time.
so whether you want to limit your deposit or not, is all up to you. how you will manage your funds in your gambling activities. but definitely, most gambling sites want you to play as long as you want as this will give them more revenue. and that's their business.


Title: Re: Deposit limits
Post by: uneng on July 24, 2023, 05:50:41 PM
Nothing defeats self-discipline.
This is exactly what this thread is indirectly all about. People should gamble responsibly and gamblers should have self-discipline in gambling. If not having those and the person is addicted, he will only prefer to choose 7 days or 30 days, lose and increasing the amount which makes nothing to change. It is people that have self-discipline that will go for 24 hours. That said, there are many other gambling sites that gamblers are using, we have more than one gambling site that we are gambling and many of the sites do not have this feature.
I believe the countdown to edit the limit once again should be higher, because solely 24 hours doesn't correspond to enough time for a gambler to cool down his head and forget his loss. After 24 hours he is still tempted to recover his money and won't think twice before depositing large sums of money on the casino to chase losses. I believe something between 3-7 days would be enough time to start getting resigned about the fact the money is gone and there is nothing else he can do to recover it with assurance. So he will tend to continue sticking with his initial limit, without raising it further.


Title: Re: Deposit limits
Post by: klidex on July 24, 2023, 06:01:34 PM
This is the same as when every gambling site has a warning to gamble responsibly but there is no action from the casino and now it has really started with the help of the casino limiting deposit.
It really help gambler not to keep putting in money just to gamble for the sake of pleasure or for the pursuit of defeat and with this it is evident that actually gambling is also always concerned about its customer about gambling with money that can afford to lose and don't regard gambling as enough income as a place to have fun.
I would totally agree if one day all gambling sites have a feature system like this which can really prevent someone from becoming addict.
But I would like to suggest which site has a feature like that and will it really be carried out by gambling partie or is it just a rumor?


Title: Re: Deposit limits
Post by: Ulven on July 24, 2023, 06:02:36 PM
Snip...

Deposit restrictions are intended to provide people some degree of control over their gambling expenses, particularly for those who might have issues with compulsive gambling or addiction. Players can avoid going over their budgets and possibly running into financial difficulties by establishing a limit!!!
The success of deposit limitations, on the other hand, mostly rests on the person's capacity to uphold them and practise restraint. As you noted from your own experience, some people may find methods to raise their restrictions following losses, which might cause new issues.
For those who gamble daily or frequently, setting a daily limit can indeed be more effective in managing their gambling behavior. This is because daily limits create more frequent checkpoints and prevent rapid, large losses in a short period. It may help players to stay within their means and avoid significant financial harm!!
Personally, I allocate a weekly budget, and if I lose it in the early days of the week, I wait for the following week before depositing the same designated amount again.


Title: Re: Deposit limits
Post by: BitcoinPanther on July 24, 2023, 08:06:11 PM

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

Not only that, gambler may just move on to another gambling site and just leave the deposit limit on the site as it is.  I also think that deposit limit is imaginary unless the gambler himself has strong will to keep his deposit limit in effect all the time.  So I believe for people who wanted their deposit on a certain gambling platform to have limit, this option of a gambling platform is helpful.  Since there is no stopping a gambler to hop in every gambling platform available or within his reach.


Title: Re: Deposit limits
Post by: Casdinyard on July 24, 2023, 08:18:13 PM
I mean that's the very nature of it anyway, these implements aren't necessarily imposed by the casino upon everyone cause we still have high rollers with a greater capacity for loss and wins, but at the same time they know they need to cater to people who are on the uncontrollable side when they gamble. That's why disclaimers are put where the casino is effectively free of any responsibility if the gambler chooses to disobey the parameters he set for himself in the first place. At the end of the day, it's not the casino who's going to help you with gaining discipline and control over your gambling urges. They may try all they could to make sure that you're not straying too far but the decision will ultimately lie upon your hands. If you can't settle with that then might as well not gamble cause you're effectively relinquishing control just so you can blame someone else.



Title: Re: Deposit limits
Post by: stomachgrowls on July 24, 2023, 08:24:32 PM
This is how it is on gambling sites:

Quote
Many of our customers use Deposit Limits to manage their spending. Limits can be set for a 24 hour, 7 day or 30 day period and cannot be overridden

You can decrease your Deposit Limits at any time and this will be applied immediately.

Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more. If you wish to increase a limit you will need to wait 24 hours before we action your request and then return to our site to confirm that you still want to increase it.

I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.
Deposit limits or something this like or kind of feature isnt really that necessary if you are really just that mindful about your spending or you are only making use of the amount which you can afford to lose. Every platform

would really be just making those warnings or prohibitions but only would really be focusing out when it comes to addiction but having that kind of consideration on how much they would be depositing is something
that would really be out of their concern. If there's a feature about deposit limits then it would be helpful for those gamblers who are really that impulsive when it comes into their gambling activity.
Actually its not really that something necessary but if you do find yourself already that impulsive then it would be actually that relevant. Somewhat it would really be useless into those gamblers who are really
that addicted already on gambling on which it would really be that just simply they would really be jumping into other places on the time that they would really be seeing that they cant already make out deposit
and they do still have the eagerness on playing gambling which no one could ever stop them on doing so.


Title: Re: Deposit limits
Post by: DaNNy001 on July 24, 2023, 08:31:33 PM
LoL, "deposit limit" more like market strategy for making some of their customers feel as if they care for your rapid online spending while it's exactly opposite of what you feel because you spending more actually makes these casino owners fcking rich. Well like you said for those who are highly discipline this could help but for real time or should I say hard core gamblers it's just one big waste of time because you are the one who can actually set and unset these limits yourself.


Title: Re: Deposit limits
Post by: seleme on July 24, 2023, 09:09:26 PM
It is mostly about the discipline we use on gambling platforms, if there were no deposit limits some irresponsible users may deposit over their financial limits they can't afford to lose. This is actually a good feature for gamblers who are good at managing personal finance, the most popular gambling platforms are using this feature for safe gambling experience, IMHO. I personally don't use this feature since I can control both my emotions and personal gambling limits on any gambling website.


Title: Re: Deposit limits
Post by: harizen on July 24, 2023, 11:57:12 PM
But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

I doubt a deposit limit is useful, especially for a gambler that is playing on a daily basis. When a gambler is on the verge of always losing, they will find ways to chase it no matter what. Having a limit on that day will just lead them to aggressively find ways to gamble more and they will not just sit back and relax after losing and will wait for 24 hours for the system to refresh.

In fairness though, it's good to see that some gambling sites have that feature however, it won't really bring any benefits for a daily gambler.

Again, and also as you mentioned, it all depends on the gambler's discipline. No matter how good the feature that gambling sites offered to their users, it's in the gambler's own hands how to make their gambling experience good or worst. Gambling sites are business after all, I doubt they really care much for the financial status of their users.


Title: Re: Deposit limits
Post by: ethereumhunter on July 25, 2023, 05:19:46 AM
Self-discipline has many advantage and it should be what every gamblers should be practicing instead of depending on casino to do it for them. Self discipline prevents you from getting addicted as you'll be already discipline and won't over game or spend over your budget.

You should set your deposit limit, and also set our gambling limit. We should be incharge of our decision and not allowing casinos make it for us because they'll always find ways to decieve us into thinking we're doing what best for us whereas we're just doing their wants.

If you can't discipline yourself for your deposits then don't gamble because you'll be putting yourself at a position for addiction to get hold of you very quickly. Self-discipline is also require for you to manage the money you win from gambling so you don't waste them.
Good self-discipline can prevent us from losing too much because we know when to stop so we don't lose more money. We can set limits in gambling and, more importantly, avoid the gambling addiction that has befallen many gamblers. Most gamblers who do not have self-discipline will face defeat; the longer they try to gamble, the more losses they will have. And if they don't even realize it, they will only regret it after the money is gone.

So learning self-discipline is very important for all gamblers to avoid all the problems that can arise in gambling, including gambling addiction. And although it may be tough at first, it is only a test for any gambler who wants to learn self-discipline so that they can play gambling in peace because they can limit their gambling.


Title: Re: Deposit limits
Post by: Pierre 2 on July 25, 2023, 05:40:36 AM
In such case deposit limits are given to customers as self serving option. So you decide if you want to limit yourself or not. I think its not good to blame casino because it doesn't create service that will nearly permanent block you. They are a business that needs to make money. They wouldn't like to block their customers totally. It wouldn't make sense in my opinion. I feel grateful honestly because gambling websites have such option.


Title: Re: Deposit limits
Post by: Negotiation on July 25, 2023, 08:29:41 AM
It's generally best to keep yourself in check when gambling. Play for fun and have no fear of harm. It is not right to blame anyone as it depends on the person himself how much the deposit limit will be. There is no set limit in the casinos, you can deposit as much as you like. The real reason for these uncontrollable recurring problems, which we face in our life, is that we lack proper knowledge. This is why other tasks should be prioritized in addition to controlling money as a way to feel safe without becoming addicted to gambling. Gambling depends on luck and is very difficult to control when money is lost.


Title: Re: Deposit limits
Post by: Mauser on July 25, 2023, 08:49:19 AM
Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

That is the main point when it comes to dealing with money, we need discipline to control our own budget. It doesn't matter if we are in the city and buy unnecessary things in a shopping spree, order takeout food every night, or spend more money at the casino than we planned to do. Having a discipline for our money is something that we need to learn and focus on in all parts of life, not only in gambling. I would recommend anybody to try and stick to their own budget and limitis, don't rely on a casino to allow you only gamble with a certain limit each day. The casinos interest is for you to gamble as much as you want and not to limit your gambling time at the casino. Personally I haven't tried out the deposit limits at casino, because I set aside a fixed budget every month and stick to it. What I have tried in the past are the panic buttons, which are a great way to take a hard 24 hour break from gambling after a devastating losing streak. Instead of chasing my losses I pressed the button several times in the past to take a forced break. We all can have times where it becomes hard to control our emotions and to not give in to them it's helpful to have such a button.


Title: Re: Deposit limits
Post by: Bitinity on July 25, 2023, 09:03:59 AM
Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

This is the main point for us to remember, no matter what kind of available features provided by the casino to limit our gambling activity (deposit, lose, wager, etc) but as long as there is still also a feature to increase the limit then the decision will always depend on ourselves. The same applies for self exclusion feature in online casinos, players may use it in order to stop playing but it can be useless feature if the gamblers cant control themselves because they may create new account or move to other casinos. Self-discipline is absolutely the main key.


Title: Re: Deposit limits
Post by: passwordnow on July 25, 2023, 12:02:29 PM
Whether there are deposit limits or none, at the end of the day it's still the call of the gambler. He can entirely lose that limit within the day and have it refreshed if the feature allows it after 24 hours has passed. I think the best limit is what is set in our minds and the control that we have for our gambling activities. You always remember what everyone is saying about the amount we can afford to lose. So, if you're the one to control the limits, you'll surely even increase it based on the mood that you have within the day.

But still though, they could find a way to go around this and still can play? I know someone, I will say that his local wallet has a limit (fiat wallet), for deposit and withdrawal. So if he reach that limit he can't used his wallet anymore and will have to wait for the 1st day of the month to reset everything. However, if he wanted to gamble and play, he will simply borrow someone's wallet and continue to play. My point is that still boils down to self control, whether we take advantage of deposit limit or not, still up to us.
Well, that's within the will of the gambler. Despite activating that deposit limit, if he wants to go against that feature he'll certainly gonna find a way to keep on going upon hitting the limit. And in his mind that only means that feature is useless because he's going against what he has activated.

Because if we wanted to, we might think of ways to still continue to play per day even if we have reach our limits.
This is inevitable. Gamblers tend to do that if they're itching to gamble upon hitting the limit, so basically it's a total useless feature for them if they're breaking their own set of rules for themselves to have an adjusted limit that serves as their stopper.


Title: Re: Deposit limits
Post by: gabbie2010 on July 25, 2023, 12:18:09 PM
Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

This is the main point for us to remember, no matter what kind of available features provided by the casino to limit our gambling activity (deposit, lose, wager, etc) but as long as there is still also a feature to increase the limit then the decision will always depend on ourselves. The same applies for self exclusion feature in online casinos, players may use it in order to stop playing but it can be useless feature if the gamblers cant control themselves because they may create new account or move to other casinos. Self-discipline is absolutely the main key.
Truly setting a daily limit wouldn't limit the desire of an addicted gambler to control or stop their gambling habit, for instance an addicted gambler who set $100 daily limit lost all the funds and willing to gamble more unfortunately couldn't do so due to the limit would be prompted to increase the daily limit next day after incurring streaks of losses will subsequently continue to increase the daily limit which is of no use, honestly self control and self discipline would adequately control a gambler habit, in my case once I lost all the funds deposited in my gambling account I quit for the day, though I fund my account with the amount of money I can afford to lose.


Title: Re: Deposit limits
Post by: Shinpako09 on July 25, 2023, 12:56:20 PM
Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

This is the main point for us to remember, no matter what kind of available features provided by the casino to limit our gambling activity (deposit, lose, wager, etc) but as long as there is still also a feature to increase the limit then the decision will always depend on ourselves. The same applies for self exclusion feature in online casinos, players may use it in order to stop playing but it can be useless feature if the gamblers cant control themselves because they may create new account or move to other casinos. Self-discipline is absolutely the main key.
Truly setting a daily limit wouldn't limit the desire of an addicted gambler to control or stop their gambling habit, for instance an addicted gambler who set $100 daily limit lost all the funds and willing to gamble more unfortunately couldn't do so due to the limit would be prompted to increase the daily limit next day after incurring streaks of losses will subsequently continue to increase the daily limit which is of no use, honestly self control and self discipline would adequately control a gambler habit, in my case once I lost all the funds deposited in my gambling account I quit for the day, though I fund my account with the amount of money I can afford to lose.
I used to do this before whether it is win or lose but as time passed by I ignored the limit I'd set if I lose and withdraw another set of amounts from my vault. I will only stop if I reach my daily quota. A feature like this is good but do popular casinos will have this feature coz it's like they are limiting their profit? Instead of a deposit limit, why not go for a daily vault withdrawal limit and you can't do anything until the time you've set will come.


Title: Re: Deposit limits
Post by: Oshosondy on July 25, 2023, 01:24:21 PM
A feature like this is good but do popular casinos will have this feature coz it's like they are limiting their profit? Instead of a deposit limit, why not go for a daily vault withdrawal limit and you can't do anything until the time you've set will come.
The best is responsible gambling and self-discipline. Like I have said before, if a gambler set 7 days, the gambler can increase the limit within 24 hours. Also is 30 days too.

The only one that can be effective is the daily limit which is also 24 hours. But gamblers do have many gambling sites and can more from one to another, even within a day.

But if someone is disciplined and gambling responsibly, having weekly budget and not going beyond that, that is the best. The best towards responsible gambling comes from inside you, not what gambling sites are offering.


Title: Re: Deposit limits
Post by: Dr.Bitcoin_Strange on July 26, 2023, 01:37:34 PM
You know, what happens in some cases @Oshosondy, since there are a lot of casinos, and I also think that every country has a few local casinos too, and most of these casinos don't even support the limit stuff you are talking about. But what really happens in some cases is that, except for a newbie gambler, most old-time gamblers do have accounts with different casinos, and some gamblers too can have two different accounts in one casino, so the question is, for such gamblers, would the deposit limit even stop them from gambling daily if they wanted to? Nop! The reason is that with their other casino account, they can still place their bet and not be affected with the limit of deposit.


Title: Re: Deposit limits
Post by: Casdinyard on July 26, 2023, 09:01:33 PM
You know, what happens in some cases @Oshosondy, since there are a lot of casinos, and I also think that every country has a few local casinos too, and most of these casinos don't even support the limit stuff you are talking about. But what really happens in some cases is that, except for a newbie gambler, most old-time gamblers do have accounts with different casinos, and some gamblers too can have two different accounts in one casino, so the question is, for such gamblers, would the deposit limit even stop them from gambling daily if they wanted to? Nop! The reason is that with their other casino account, they can still place their bet and not be affected with the limit of deposit.
I'll do you one better. Since the deposits limits can be altered and changed depending on the user's preferences, what is the propensity that these people will follow through with what they imposed upon themselves in the first place? Isn't this deposit limit a little futile especially if gamblers end up changing/removing these limitations anyway so they can gamble more? Hypocritical even lol. Deposit or not it all boils down on the ability of the gambler to discipline himself and follow through with his regiments, because unless the casino is to strictly impose these limitations I don't see this helping anyone at all really, cause if I'm someone who's addicted to gambling already, what good would it do if I could just reset my deposit limits when I feel the need to?


Title: Re: Deposit limits
Post by: Westinhome on July 26, 2023, 09:28:02 PM
I'll do you one better. Since the deposits limits can be altered and changed depending on the user's preferences, what is the propensity that these people will follow through with what they imposed upon themselves in the first place? Isn't this deposit limit a little futile especially if gamblers end up changing/removing these limitations anyway so they can gamble more? Hypocritical even lol. Deposit or not it all boils down on the ability of the gambler to discipline himself and follow through with his regiments, because unless the casino is to strictly impose these limitations I don't see this helping anyone at all really, cause if I'm someone who's addicted to gambling already, what good would it do if I could just reset my deposit limits when I feel the need to?

Only some of the website limit the deposit to avoid of using their site for the black money handling.Some of the casino will allow only certain amount to be deposit per day.This will be the good one to avoid of losing the entire funds by the gamblers by the gambling addiction after the loss.The experienced gamblers will know the thing,they should pause the game after some continuous loss.Because their strategy of the current was wrong,they should pause the game and start to earn for the future game.When the capital was raised,they can play the gambling by using the new strategy.The gambler can use the earning time to create a new strategy for the next game.When the new strategy works,he can increase the capital for next game.


Title: Re: Deposit limits
Post by: Sandra_hakeem on July 26, 2023, 09:29:08 PM
There are no deposit limits anyways.... But there's a limit to what you can wager. Yunno, if casinos don't set those limits, anyone would go too far as to depositing and staking high, with the mindset of lifting a jackpot that invariably becomes way too heavy on the casino itself, assuming the game cuts..... That's bankruptcy!!
 it's imperative to know that alot of things we do could actually be curbed to avoid future regrets - the likes of gambling and other habits that'd Forster addiction....that's where the funding and refunding of wallets comes into play...

Sandra 🧑‍🦰


Title: Re: Deposit limits
Post by: Wexnident on July 26, 2023, 09:48:47 PM
~
A daily limit isn't going to stop you from gambling, it's only going to limit your spending habits. Ofc said limit can be bypassed by waiting for 24 hrs, but I reckon it depends from person to person. Having that limit set for 24hrs can be more than enough to cool down your brain and stop yourself from wanting more, but well, if you were THAT desperate, there are a lot of ways to bypass this (new account, another casino) so really, self-discipline should be practiced instead of relying on third-party tools to help you.

And to be fair to casinos, they put out badly designed limits anyway since they'd lose revenue if they actually did it perfectly no?


Title: Re: Deposit limits
Post by: goldkingcoiner on July 26, 2023, 09:55:09 PM
This is how it is on gambling sites:

Quote
Many of our customers use Deposit Limits to manage their spending. Limits can be set for a 24 hour, 7 day or 30 day period and cannot be overridden

You can decrease your Deposit Limits at any time and this will be applied immediately.

Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more. If you wish to increase a limit you will need to wait 24 hours before we action your request and then return to our site to confirm that you still want to increase it.

I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

I do not understand what exactly the point in a deposit limit would even be in the first place? A marketing tactic?

If you have a business and your venture makes profit off people who deposit their money on your platform, why would you want to limit the amount that they can deposit? That is at the same time limiting for the business owner in regards to potential profits.

What I can imagine the deposit limit could be used for is for minimal AML law limits. Like on some cryptocurrency exchanges. Perhaps, if you deposit below the limit of a certain amount then certain regulations can be loop-holed or something?

A gambling casino which has deposit limits sounds weird.


Title: Re: Deposit limits
Post by: Lida93 on July 26, 2023, 10:07:50 PM
Too good gambling sites to warn players about deposit limits. By itself the gambling site wants to make its customers not addicted.
On some of the gambling sites that I usually play, I have never come across a warning like the quote from the gambling site.
Most gambling sites that I often play only provide information about the withdrawal limits that players can make within 24 hours.
If gambling sites will be mandated to enroll and implement the gambling limit into their policy like they do so much with withdrawal policies it will help cushion the effects of gambling addiction in gamblers. As each gambler will have a limited time to spend either online or offline gambling because immediately you consume your limit you're done for the day giving yourself time for other important things in the day than spending all day gambling chasing loss leading to imminent addiction.


Title: Re: Deposit limits
Post by: Mr.suevie on July 26, 2023, 10:11:01 PM

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

Not only that, gambler may just move on to another gambling site and just leave the deposit limit on the site as it is.  I also think that deposit limit is imaginary unless the gambler himself has strong will to keep his deposit limit in effect all the time.  So I believe for people who wanted their deposit on a certain gambling platform to have limit, this option of a gambling platform is helpful.  Since there is no stopping a gambler to hop in every gambling platform available or within his reach.
;D funny enough what you said is actually the truth because many gamblers just go on deceiving themselves about ways in which they can keep their gambling habit in check and I say this because of some of the bad experiences I had when trying to control. I would just call customer service of some of casino here in my locality and ask them to deactivate my account totally and a couple weeks will pass and I will just find another casino and continue which is just as moving in one big whole circle and I feel same thing is going to happen even after controlling your deposit limit, all this thought boils down to one main fact which is the self discipline of the gambler


Title: Re: Deposit limits
Post by: Oasisman on July 26, 2023, 10:21:26 PM
Deposit limits

This is better than nothing though. It's not easy to identify who's who that can afford to lose this certain kind of amount and what would be his ideal deposit limit, unless the gambling website implements KYC that includes a proof of your monthly income. But online casinos won't do that of course otherwise they'll ran out of clients.
So, this is better than nothing IMO. That 24hr timeframe for increasing your deposit limit is just right, fair enough for the players to not wait a little bit longer. Afterall, it's still our responsibility to set limits to avoid over-doing gambling.


Title: Re: Deposit limits
Post by: Fivestar4everMVP on July 26, 2023, 10:22:53 PM

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

Not only that, gambler may just move on to another gambling site and just leave the deposit limit on the site as it is.  I also think that deposit limit is imaginary unless the gambler himself has strong will to keep his deposit limit in effect all the time.  So I believe for people who wanted their deposit on a certain gambling platform to have limit, this option of a gambling platform is helpful.  Since there is no stopping a gambler to hop in every gambling platform available or within his reach.
When something does not work, how can it be helpful?, op was completely right when he said that the weekly deposit limit does not work since it is very possible for the gambler to go into the casino and change some figures after 24 hours of setting it, that clearly means that setting a weekly deposit limit is nothing but a sham, it can only work if the gambler take it upon him or her self to make it work for him or her, that means the gambler will have to discipline him or her self, by then, we cant really say that the deposit limit worked, since it only did by the effort of that one gambler, another with not the self will and ability like the first gambler may try it and by the next, he or she will continue gambling from where he or she stopped yesterday even  while he or she already reached the limit he or she set the same yesterday, so clearly, a casino having this option is not helpful in any way if it does not work.


Title: Re: Deposit limits
Post by: Slow death on July 26, 2023, 10:31:54 PM
I do not understand what exactly the point in a deposit limit would even be in the first place? A marketing tactic?

this is a resource that works to prevent people from depositing money that they cannot afford to lose, in a nutshell it avoids excessive spending, for example if a person has a salary of 500$ a month and likes to play in casinos but he can't control himself and ends up putting all his money in the casino, but when he finds a casino where he can put a limit of 100$ on the maximum deposit per month then that person will only play with 100$ per month, he will not lose everything anymore his salary every month, when you look at this feature at first glance it seems to be something useless

but it is something very useful for people who do not have good financial management, are dependent on gambling, I read somewhere that there was a government that put a limit on the amount that its citizens can spend with credit cards in games bad luck, I don't know if I'm getting confused, but I remember reading this somewhere, anyway I'm wondering if it's not something difficult for casinos to put this feature in, the ideal is that each person has self-control and good financial management and do not depend on others


Title: Re: Deposit limits
Post by: Wiwo on July 26, 2023, 10:33:03 PM

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

Not only that, gambler may just move on to another gambling site and just leave the deposit limit on the site as it is.  I also think that deposit limit is imaginary unless the gambler himself has strong will to keep his deposit limit in effect all the time.  So I believe for people who wanted their deposit on a certain gambling platform to have limit, this option of a gambling platform is helpful.  Since there is no stopping a gambler to hop in every gambling platform available or within his reach.
When something does not work, how can it be helpful?, op was completely right when he said that the weekly deposit limit does not work since it is very possible for the gambler to go into the casino and change some figures after 24 hours of setting it, that clearly means that setting a weekly deposit limit is nothing but a sham, it can only work if the gambler take it upon him or her self to make it work for him or her, that means the gambler will have to discipline him or her self, by then, we cant really say that the deposit limit worked, since it only did by the effort of that one gambler, another with not the self will and ability like the first gambler may try it and by the next, he or she will continue gambling from where he or she stopped yesterday even while he or she already reached the limit he or she set the same yesterday, so clearly, a casino having this option is not helpful in any way if it does not work.
How I think such a feature will work properly and in favour r of the gambler is by allowing the casino to set the limits for the players and the gambler not being able to change the figure that is set for the account as the limit,  this is the only way that the casino will help the player maintain such limits because the casino can easily monitor the activities of the gambler and apply this feature according to the level of the gambler activities on the casino.

But leaving everything in the hand of the gambler to set the weekly or monthly deposit limits with the option to adjust the limit at will and after some specific hours makes the feature becoming vulnerable and ineffective,  since e the player can adjust it in whichever ways he feels like and how it suits his mode at all time.


Title: Re: Deposit limits
Post by: Wakate on July 26, 2023, 10:41:50 PM
Deposit limits

This is better than nothing though. It's not easy to identify who's who that can afford to lose this certain kind of amount and what would be his ideal deposit limit, unless the gambling website implements KYC that includes a proof of your monthly income. But online casinos won't do that of course otherwise they'll ran out of clients.
So, this is better than nothing IMO. That 24hr timeframe for increasing your deposit limit is just right, fair enough for the players to not wait a little bit longer. Afterall, it's still our responsibility to set limits to avoid over-doing gambling.
I don't see reason why we have to bother ourselves creating or using deposit limit because there is no need for that. One thing we need to be doing to have self discipline and make sure that we monitor the way we make deposit and gamble with our hard earned money. Casinos we not do what will make them to have low income from there customers because that is where they get funds to pay there staffs and do marketing. If a gambler can take the challenge to work on himself and perfect his ways not to gamble excessively, it will make him make good decisions that will help you reduce gambling addiction.


Title: Re: Deposit limits
Post by: ralle14 on July 27, 2023, 12:47:12 AM
Most gamblers won't find the deposit limit that effective as it's suffering the same problem as the other solutions, but still, it'll help gamblers who are having a hard time suppressing their impulse. If you can limit yourself from playing on the best casino around then it's good enough because not everyone will play on other casinos when they don't have the same account progress on other casinos. You start losing a bunch of perks by changing casinos and IMO that can be discouraging enough to follow the limit.


Title: Re: Deposit limits
Post by: Gozie51 on July 27, 2023, 02:02:51 AM
Most gamblers won't find the deposit limit that effective as it's suffering the same problem as the other solutions, but still, it'll help gamblers who are having a hard time suppressing their impulse. If you can limit yourself from playing on the best casino around then it's good enough because not everyone will play on other casinos when they don't have the same account progress on other casinos. You start losing a bunch of perks by changing casinos and IMO that can be discouraging enough to follow the limit.

It will be of great help for gamblers if casinos begin to have such limit but I doubt how many casinos don't want money. They need money to continue existing because they have to pay bills. Gamblers will definitely like it on a casino implementing it and they will shift their patronage towards it. It is lack of emotional control that get people into refunding of account after they have lost because they want to regain what they have lost, so having such automatic deposit limit either daily, weekly or monthly will help gamblers.


Title: Re: Deposit limits
Post by: Nrcewker on July 27, 2023, 02:52:24 AM
But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

A responsible gambler always gambles in limit. He is responsible enough to gamble that amount that he can afford to lose. Keeping a deposit limit is a unnecessary feature according to me. A person will always deposit the money which have extra in his hands. So whether he has set the limit or not it doesn’t matter. Once the gambler doesn’t have enough money to deposit then how will he deposit if his limit is completed yet? This feature by the gambling casinos were not required at all.


Title: Re: Deposit limits
Post by: Don Pedro Dinero on July 27, 2023, 03:32:00 AM
This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

It may seem silly, but having to wait 24 hours can save you by completely changing the emotional state you are in. Usually someone sets a limit because they have self-control problems, and when they lose what they have deposited, they would deposit more, but they cannot. If you have to wait 24 hours, in many cases you will have returned to a rational state of thinking instead of being tilted, which can save you. Although they could do it even longer term, a week for example.


Title: Re: Deposit limits
Post by: Reatim on July 27, 2023, 03:39:41 AM
This is how it is on gambling sites:

Quote
Many of our customers use Deposit Limits to manage their spending. Limits can be set for a 24 hour, 7 day or 30 day period and cannot be overridden

You can decrease your Deposit Limits at any time and this will be applied immediately.

Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more. If you wish to increase a limit you will need to wait 24 hours before we action your request and then return to our site to confirm that you still want to increase it.

I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.
Being mentioned everything , it end up still that we are responsible to deal with our limits because if we are not disciplined enough  ? we will continuously ending to expand our limits to sustain our desires.
either to win or to enjoy, still not that good to produce that large limits of betting.


Title: Re: Deposit limits
Post by: wxa7115 on July 27, 2023, 03:46:47 AM
This is how it is on gambling sites:

Quote
Many of our customers use Deposit Limits to manage their spending. Limits can be set for a 24 hour, 7 day or 30 day period and cannot be overridden

You can decrease your Deposit Limits at any time and this will be applied immediately.

Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more. If you wish to increase a limit you will need to wait 24 hours before we action your request and then return to our site to confirm that you still want to increase it.

I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.
True, but even if a bunch of casinos were committed to protect their customers and never modified the deposit limit you have set for yourself when you opened your account, casinos cannot really protect you from yourself.

As in that case then you could just open an account on a new casino and then you could set a high deposit limit and get around those protective measures set by the casinos, demonstrating once again that all of those methods will never work as those which cannot stop gambling will always find a way to do it.


Title: Re: Deposit limits
Post by: kamvreto on July 27, 2023, 04:51:19 AM
This is how it is on gambling sites:

Quote
Many of our customers use Deposit Limits to manage their spending. Limits can be set for a 24 hour, 7 day or 30 day period and cannot be overridden

You can decrease your Deposit Limits at any time and this will be applied immediately.

Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more. If you wish to increase a limit you will need to wait 24 hours before we action your request and then return to our site to confirm that you still want to increase it.

I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.
True, but even if a bunch of casinos were committed to protect their customers and never modified the deposit limit you have set for yourself when you opened your account, casinos cannot really protect you from yourself.

As in that case then you could just open an account on a new casino and then you could set a high deposit limit and get around those protective measures set by the casinos, demonstrating once again that all of those methods will never work as those which cannot stop gambling will always find a way to do it.

The commitment to protect users has also been written in the casino TOS, it has become a guideline that cannot be violated. As a user, you are entitled to appropriate protection. But if a casino violates that then it is not a professional casino and needs to be watched out for. Casinos that are professional will provide full protection, of course, and the characteristics of casinos with good protection, of course, have been operating for a long time and have not received any complaints from users about user violations. But if you plan to stop gambling, not for regulatory reasons but because you want to avoid a more severe addiction.


Title: Re: Deposit limits
Post by: Kakmakr on July 27, 2023, 07:06:23 AM
The moment when the casino allow you to set your own limits and then to frequently change them, it nullifies the whole purpose of these limits. There should be time limits on your ability to change these limits and that should come from the casino and not the gambler.

A lot of the casino implement these "limits" just to show to the regulators that they are advocating for "responsible gambling" .....knowing that these measures are worthless. (It just ticks the box)  ::) ::) ::)


Title: Re: Deposit limits
Post by: ethereumhunter on July 27, 2023, 07:27:55 AM
Being mentioned everything , it end up still that we are responsible to deal with our limits because if we are not disciplined enough  ? we will continuously ending to expand our limits to sustain our desires.
either to win or to enjoy, still not that good to produce that large limits of betting.
Because with that responsibility, we can anticipate things we don't want so they don't happen to us. And restrictions accompanied by responsibility can keep us from gambling addiction, which many gamblers have experienced to the point that they cannot control themselves. But what happened was that people were even more eager to deposit their money to continue playing gambling and get the win they wanted. Even though it has exceeded its limit, it can make them experience more and more defeats than before. They should realize it before it's too late and try to have a good responsibility.


Title: Re: Deposit limits
Post by: OgNasty on July 27, 2023, 08:07:52 AM
The casino can only do so much for you. At the end of the day they’re running a business and you should have a right to use their service. Not to mention if they didn’t allow you to change this setting then for sure users would regret it and contact customer service. Probably say it was a mistake or they were drunk etc. the fact they allow you the option to do it at all shows they’re making an effort.


Title: Re: Deposit limits
Post by: pakhitheboss on July 27, 2023, 09:07:22 AM
This is nothing but a strategy by casinos to make thier users feel that they care for them. I mean why can't they increase it from 24 hours to 36 hours. They won't after all they are here to do business and make profits. This why daily gamblers should gamble resposibly. They should be disciplined and not fall for such kind of features which doesn't make any sense.


Title: Re: Deposit limits
Post by: CarnagexD on July 27, 2023, 09:19:25 AM
This is how it is on gambling sites:

Quote
Many of our customers use Deposit Limits to manage their spending. Limits can be set for a 24 hour, 7 day or 30 day period and cannot be overridden

You can decrease your Deposit Limits at any time and this will be applied immediately.

Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more. If you wish to increase a limit you will need to wait 24 hours before we action your request and then return to our site to confirm that you still want to increase it.

I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

But at least, casinos are making sure that they are having a contribution to the betterment of their players. Just like withdrawal limits to protect casinos, deposit limits are there to protect the participants from their spending and over-gambling. I believe it is a game changer for online casinos because this only proves that they care about their players.

However, regardless of the rules set by the casinos, if the gambler is unwilling to submit into it and lacked the discipline, then it will be useless. They will still deposit more money to use, they will still over gamble and that is the truth.


Title: Re: Deposit limits
Post by: Mr. Magkaisa on July 27, 2023, 10:18:47 AM
     -     It seems like I just know that there are limits to deposit at a gambling casino online. Is it applicable to all crypto gambling? Because I don't gamble often not five times a month I play gambling.

But in my opinion, that strategy of a casino is also good at thinking, in favor of addicts to play gambling so that they can at least have discipline even when gambling, especially if they have a day when they are unlucky.


Title: Re: Deposit limits
Post by: piebeyb on July 27, 2023, 10:46:42 AM
The moment when the casino allow you to set your own limits and then to frequently change them, it nullifies the whole purpose of these limits. There should be time limits on your ability to change these limits and that should come from the casino and not the gambler.

A lot of the casino implement these "limits" just to show to the regulators that they are advocating for "responsible gambling" .....knowing that these measures are worthless. (It just ticks the box)  ::) ::) ::)
Not everyone wants to limit their spending in gambling, sometimes when they become heavy addicts it will be very difficult to regulate them to be able to gamble responsibly, that's why there are casinos that do this too to help them but in the end it must always be above the comfort of the user if want to use it to limit their spending on gambling.

I am happy that having a casino like that helps us to limit our expenses and deposits in gambling, but I prefer to do it independently so for me I am used to setting my deposit and gambling budget limits because it is important for me not to lose too much money. if the casino implements restrictions like this I will be happy to support it although it is also up to the users to decide by ticking the agreement in the rules.  ;)


Title: Re: Deposit limits
Post by: bakasabo on July 27, 2023, 10:56:00 AM
On one hand it is good to have deposit limits. Gambler wont be able to lose more than he has planned. On the other hand, this goes across casinos plan to earn, as they limit themselves. Third opinion - deposit limit saves indirectly gambler from immediate KYC procedure. If someone makes and account, and all of a sudden deposit thousands or a million, casinos security services will be immediately triggered about money laundry. I think deposit limit is a necessary feature for casinos.


Title: Re: Deposit limits
Post by: tusandii on July 27, 2023, 12:21:31 PM
     -     It seems like I just know that there are limits to deposit at a gambling casino online. Is it applicable to all crypto gambling? Because I don't gamble often not five times a month I play gambling.
In each casino there is a limit to the number of deposits and withdrawals so that gamblers also do not experience losses when making deposits or withdrawals because in each transaction there are costs that must be borne by the gambler.
When only making a deposit with a small amount and then adding a fee, isn't that enough to cut the gambler's budget so that each casino imposes certain limits.

Quote
But in my opinion, that strategy of a casino is also good at thinking, in favor of addicts to play gambling so that they can at least have discipline even when gambling, especially if they have a day when they are unlucky.
In fact, it has nothing to do with gambling addicts, but with a deposit limit, at least it's easier for gamblers to play gambling when they only have money.


Title: Re: Deposit limits
Post by: elevates on July 27, 2023, 12:42:14 PM
    -     It seems like I just know that there are limits to deposit at a gambling casino online. Is it applicable to all crypto gambling? Because I don't gamble often not five times a month I play gambling.
In each casino there is a limit to the number of deposits and withdrawals so that gamblers also do not experience losses when making deposits or withdrawals because in each transaction there are costs that must be borne by the gambler.
When only making a deposit with a small amount and then adding a fee, isn't that enough to cut the gambler's budget so that each casino imposes certain limits.


In a casual way, I would state the reason why casinos use such features. These casinos want you to gamble every day. They want you to believe that they do have humane sentiments. That is the reason they come up with such ideas. As a gambler, your trust would grow when a casino platform is showing some restrictions. In the end, it is a marketing gimmick as probably a fair feature. A casino would never give you a detailed reason on what basis they decided the deadline. The reason behind they want to make a profit. Unless they make a profit why would they ever market their platform? It is through marketing that guys like us are earning every week.
  


Title: Re: Deposit limits
Post by: Josefjix on July 27, 2023, 01:39:27 PM
     -     It seems like I just know that there are limits to deposit at a gambling casino online. Is it applicable to all crypto gambling? Because I don't gamble often not five times a month I play gambling.

But in my opinion, that strategy of a casino is also good at thinking, in favor of addicts to play gambling so that they can at least have discipline even when gambling, especially if they have a day when they are unlucky.
Gambling every single time will definitely lead to addictive behavior, I would urged us to take things easy and focused more on other things apart from gambling. Deposit limitations are a good strategy to keep most gambling addicts from wagering on games; they will reduce gambling to its most basic expression. I didn't even realize there were gambling deposit limits because I only gamble four times a week, and I constantly have something going on that keeps me pretty busy, which is why I wager on games in my spare time, it would be of great benefit to gamblers, and a better outcome.


Title: Re: Deposit limits
Post by: Helena Yu on July 27, 2023, 01:46:31 PM
Even the casino has a deposit limit feature, the gambler can just create a new account on the other casino and make deposit as much as they can. It's similar like self exclusion or such thing to prevent or limit the gambler to gamble, there's nothing can stop them if he's not the one who commit to stop.

If self exclusion and deposit limit are effective to reduce gambling addict, we will not see any gambling addict anymore as every casino already have that.


Title: Re: Deposit limits
Post by: panjul07 on July 27, 2023, 03:00:53 PM
     -     It seems like I just know that there are limits to deposit at a gambling casino online. Is it applicable to all crypto gambling? Because I don't gamble often not five times a month I play gambling.

But in my opinion, that strategy of a casino is also good at thinking, in favor of addicts to play gambling so that they can at least have discipline even when gambling, especially if they have a day when they are unlucky.

If the terminology "limit" refers to maximum amount of deposit (can be in single time or accumulative amount), as far as I know there is no casino with deposit limit feature, at least in the casinos where I play.
Perhaps there are some casinos with this feature but I havent found it so far.
The most used feature in casinos is winning limit which is used to manage the house's bankroll so the casino can run effectively with less risk of bankrupt due to huge win by players.
All in all if we want to limit ourselves, we should not be relied on the provided features by the casino, we should limit ourselves in our own mindset.


Title: Re: Deposit limits
Post by: noormcs5 on July 27, 2023, 03:09:44 PM
     -     It seems like I just know that there are limits to deposit at a gambling casino online. Is it applicable to all crypto gambling? Because I don't gamble often not five times a month I play gambling.

But in my opinion, that strategy of a casino is also good at thinking, in favor of addicts to play gambling so that they can at least have discipline even when gambling, especially if they have a day when they are unlucky.

Do you really think that casinos should place a deposit limit for all gamblers? Yeah, I understand that it may help the gambler not to become addicted but on the other hand, it puts a limit on a gambler who is very rich and he wants to gamble with more money.

Instead of gambling sites putting a restriction on deposits, better for the gamblers put restrictions on themselves and let everyone deposit according to their portfolio. Too many restrictions will not be good, after all we do not want a "Gambling jail", Do we  ???


Title: Re: Deposit limits
Post by: Wapfika on July 27, 2023, 03:27:11 PM
    -

If the terminology "limit" refers to maximum amount of deposit (can be in single time or accumulative amount), as far as I know there is no casino with deposit limit feature, at least in the casinos where I play.
Perhaps there are some casinos with this feature but I havent found it so far.
The most used feature in casinos is winning limit which is used to manage the house's bankroll so the casino can run effectively with less risk of bankrupt due to huge win by players.


This kind of limit that related to the amount which players can spend or deposit is only available on fiat casino since some country especially on UK has this kind of law that limit gambling expenses of user living on this country. There’s no crypto casino exist today that offers this kind of limits maybe casino that originally a fiat casino that adds crypto as payment processors might have this kind of feature.

All in all if we want to limit ourselves, we should not be relied on the provided features by the casino, we should limit ourselves in our own mindset.


True but this is the hardest part to do in gambling when you are already invested time on playing.


Title: Re: Deposit limits
Post by: Fortify on July 27, 2023, 04:48:49 PM
This is how it is on gambling sites:

Quote
Many of our customers use Deposit Limits to manage their spending. Limits can be set for a 24 hour, 7 day or 30 day period and cannot be overridden

You can decrease your Deposit Limits at any time and this will be applied immediately.

Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more. If you wish to increase a limit you will need to wait 24 hours before we action your request and then return to our site to confirm that you still want to increase it.

I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

It's actually rather helpful to have these sort of restrictions in place, because unlike your claim i feel it's a big help. Gambler's often suffer from short term thinking, which means they are susceptible to losing a bunch of money and wanting to "earn it back" right away. This sort of filter makes it difficult to get carried away, because the impulse vanishes when a forced break is imposed and rational thinking can return after a break.


Title: Re: Deposit limits
Post by: Hispo on July 27, 2023, 04:58:25 PM
Deposit limits can be helpful, in a temporary way, to help those who feel a overwhelming need for gambling, however I must say I agree with OP, those limits are not a solution in the mid or long term, because in the end, the user has control over it and can change it to a higher number, because of a lack of discipline.

It is similar to antiviruses, in that sense, they protect you but you can always deactivate them in order to install something which would trigger it, like an unauthorized copy of software or a crack.

The solution is to have self control and seek for the help one needs.


Title: Re: Deposit limits
Post by: madnessteat on July 27, 2023, 05:34:33 PM
^

I don't quite agree with you. Limiting deposits is indeed useful, but only when it is not done through the casino and you have learned how to control yourself while gambling. Without this skill, using casino deposit limiting services you can easily go to another casino and lose all the money on your credit card. You need to learn how to set limits for a gaming session deposit and honor them. I myself use this strategy and I will tell you honestly that after I learned to do this I started losing much less money.


Title: Re: Deposit limits
Post by: Yatsan on July 27, 2023, 05:44:18 PM
This is how it is on gambling sites:

Quote
Many of our customers use Deposit Limits to manage their spending. Limits can be set for a 24 hour, 7 day or 30 day period and cannot be overridden

You can decrease your Deposit Limits at any time and this will be applied immediately.

Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more. If you wish to increase a limit you will need to wait 24 hours before we action your request and then return to our site to confirm that you still want to increase it.

I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.
Thing won't work; you could just create another account if you are really down for it. Indeed what we need as gamblers is discipline. We should set for limits to ourselves. The phrase "bet only what you cannot afford to lose" will be always brought up. No one wants to lose ofcourse but bottomline here is an amount you can replace if by any chance you would be needing it. Going all out in gambling won't put you anywhere better.
^

I don't quite agree with you. Limiting deposits is indeed useful, but only when it is not done through the casino and you have learned how to control yourself while gambling. Without this skill, using casino deposit limiting services you can easily go to another casino and lose all the money on your credit card. You need to learn how to set limits for a gaming session deposit and honor them. I myself use this strategy and I will tell you honestly that after I learned to do this I started losing much less money.
Well, this is not to not appreciate deposit limits set by gambling platforms. But such limits won't mean nothing if the gambler him/herself is the problem. There are many ways to play as long as gambling platforms are accessible in your country. If one is addicted already he'd move to another platform just to satisfy that urge to play.


Title: Re: Deposit limits
Post by: yahoo62278 on July 27, 2023, 06:07:56 PM
This is how it is on gambling sites:

Quote
Many of our customers use Deposit Limits to manage their spending. Limits can be set for a 24 hour, 7 day or 30 day period and cannot be overridden

You can decrease your Deposit Limits at any time and this will be applied immediately.

Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more. If you wish to increase a limit you will need to wait 24 hours before we action your request and then return to our site to confirm that you still want to increase it.

I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.
On 1 hand, I wish the sites would stick to their statement. If you set a limit for 30 days at $100 then you're stuck to it for 30 days. The issue is, if they do that then the degenerates will just make multiple accounts and bypass the limit. You gotta save yourself from yourself basically and that's not easy if you're addicted.


Title: Re: Deposit limits
Post by: coolcoinz on July 27, 2023, 06:26:07 PM
On one hand it is good to have deposit limits. Gambler wont be able to lose more than he has planned. On the other hand, this goes across casinos plan to earn, as they limit themselves. Third opinion - deposit limit saves indirectly gambler from immediate KYC procedure. If someone makes and account, and all of a sudden deposit thousands or a million, casinos security services will be immediately triggered about money laundry. I think deposit limit is a necessary feature for casinos.

So, you claim that going against the casino's plan is a bad thing.
I don't get what you're trying to say here. Why should a gambler care about the casino's plan? Why should this be a bad thing from his point of view?

First of all, the casino will earn regardless of your limits. If you can't control your habit, limits are a great thing for you. Yes, it might limit the casino's profit, but at the same time it keeps you from going bankrupt, so the casino has a long-term player and eventually earns according to plan, just in a longer time frame.


Title: Re: Deposit limits
Post by: salad daging on July 27, 2023, 07:16:30 PM
     -     It seems like I just know that there are limits to deposit at a gambling casino online. Is it applicable to all crypto gambling? Because I don't gamble often not five times a month I play gambling.

But in my opinion, that strategy of a casino is also good at thinking, in favor of addicts to play gambling so that they can at least have discipline even when gambling, especially if they have a day when they are unlucky.
I did not find any crypto casino sites that can limit deposits, during this time playing on some casino sites never found this feature.

For me this has to go back to ourselves how to control it, while the casino only limits 24 hours to be able to raise its limits as they want, 1 day is not very ideal if the next day they can deposit back without the basis that is addiction.

Our habits should be our responsibility and discipline is more important in gambling.


Title: Re: Deposit limits
Post by: Aikidoka on July 27, 2023, 07:54:38 PM
     -     It seems like I just know that there are limits to deposit at a gambling casino online. Is it applicable to all crypto gambling? Because I don't gamble often not five times a month I play gambling.

But in my opinion, that strategy of a casino is also good at thinking, in favor of addicts to play gambling so that they can at least have discipline even when gambling, especially if they have a day when they are unlucky.
I believe this could be a great option to help limit some gamblers' addiction and encourage them to set a weekly or monthly spending limit.

Deposit limits are really beneficial for those who struggle to control their gambling habits. However, personally it's not something I worry about as I know exactly how to manage my funds and when to stop. I don't gamble much probably only a few times every two weeks, mostly on weekends when there are more events. I've never fallen into the trap of becoming addicted or exceeding my set limit.


Title: Re: Deposit limits
Post by: Aanuoluwatofunmi on July 27, 2023, 08:04:05 PM
     -     It seems like I just know that there are limits to deposit at a gambling casino online. Is it applicable to all crypto gambling? Because I don't gamble often not five times a month I play gambling.

I want to believe that this may not really be applicable to many online casinos as long as you're not trying to make withdrawals, they are more strict with the withdrawals than making a deposit, putting a limit to how we can make deposit is not going to work for most gambling websites because they will not like to accept policies that will restrict them from making more money from gamblers choice when gambling.

But in my opinion, that strategy of a casino is also good at thinking, in favor of addicts to play gambling so that they can at least have discipline even when gambling, especially if they have a day when they are unlucky.

It's not actually good for the casinos but it's more effective for the gamblers sake, especially for those who were addicted to gambling.


Title: Re: Deposit limits
Post by: Huppercase on July 27, 2023, 08:16:30 PM
This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

I am not sure if you know about deactivation of account options in online betting sites, this also helps you relax mind and soul when you think you need a break from gambling entirely, it helps gambler get rest and think and once yiu deactivate an account, it can not be accessed again until that time has elapse as agreed on the time that was chosen by the bettor. I think it really cool option to mitigate loss anytime a player needed a rest to get back stronger especially when losing continuesly and simultaneously.

However, I have check senerio and where this option might comes as disadvantage, if you have a deposit limit of $100 and you lose everything and then all of a sudden, you saw a game that you know that is assured, I mean even a newbie could make that simple decision but to deposit money becomes an issue, it will be painful to lose that opportunity. I think every gambling setting has its own advantages and disadvantages.


Title: Re: Deposit limits
Post by: famososMuertos on July 27, 2023, 08:41:59 PM
...//:::
This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

These "tools" are useful for normal people if you suffer from addiction or have lost money before, you must keep away from casinos.

It's a wrong view of the players in the gaming industry, it's like the fine print in a contract, you have to read it and then do something, not just know it's there.

The best example of this are the small letters on cigarette boxes, they are there as a reminder of the problem it they cause, this allows the tobacco industry to avoid lawsuits for the consequent use of smoking.

But for what we are concerned, if you read (or anyone), about this control is not to prevent you from not playing or losing money, it is a warning and it protects casinos from lawsuits for user negligence when they lose their money.

Therefore, if you use one, two, three times this type of control, you simply have a problem and far from improving or controlling your deposits, it is simply best to stop betting.

If you deposit again it is not the fault of the casino or its weak "tools" to avoid it, it is that your deposit limit must be "0", zero.

These "tools", I repeat, are for normal people who enter Tilt or who are having a downsize losing streak, losing control is normal in short periods, these types of tools are made for that, not for the sick, addicts.


Title: Re: Deposit limits
Post by: shogun47 on July 27, 2023, 11:05:22 PM
...//:::
This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

These "tools" are useful for normal people if you suffer from addiction or have lost money before, you must keep away from casinos.

It's a wrong view of the players in the gaming industry, it's like the fine print in a contract, you have to read it and then do something, not just know it's there.

The best example of this are the small letters on cigarette boxes, they are there as a reminder of the problem it they cause, this allows the tobacco industry to avoid lawsuits for the consequent use of smoking.

But for what we are concerned, if you read (or anyone), about this control is not to prevent you from not playing or losing money, it is a warning and it protects casinos from lawsuits for user negligence when they lose their money.

Therefore, if you use one, two, three times this type of control, you simply have a problem and far from improving or controlling your deposits, it is simply best to stop betting.

If you deposit again it is not the fault of the casino or its weak "tools" to avoid it, it is that your deposit limit must be "0", zero.

These "tools", I repeat, are for normal people who enter Tilt or who are having a downsize losing streak, losing control is normal in short periods, these types of tools are made for that, not for the sick, addicts.


That is the important part in your post, the casinos have no interest whatsoever in effectively keeping you from playing when they would realize you are losing control. Some casinos claim that they would block accounts and I have no idea whether that is true or not, but this part of their toolbox to save limits on deposits and I think there are a few other options, it is just to protect themselves, not the people who lose money on their site. Your loss is their income, hence why would they want effective tools to keep you from generating income for them. It would be like a candy shop prohibiting a fat kid from buying sweets. It won't happen. :P


Title: Re: Deposit limits
Post by: Hispo on July 27, 2023, 11:37:32 PM
^

I don't quite agree with you. Limiting deposits is indeed useful, but only when it is not done through the casino and you have learned how to control yourself while gambling. Without this skill, using casino deposit limiting services you can easily go to another casino and lose all the money on your credit card. You need to learn how to set limits for a gaming session deposit and honor them. I myself use this strategy and I will tell you honestly that after I learned to do this I started losing much less money.

That is one of my points, though.
You have managed to get discipline and you use that feature to manage your gambling budget. I was trying to say that a deposit limit is not a cure or solution to gambling addiction, but rather a tool which helps people like you to control their money.

Someone who is addicted to gambling, does not matter whether they have set a deposit limit or not, they will eventually move to another casino, create a different account, or even gamble in the streets.

Again, it is just my opinion and I can be wrong as any other.


Title: Re: Deposit limits
Post by: dothebeats on July 27, 2023, 11:57:03 PM
Someone who is addicted to gambling, does not matter whether they have set a deposit limit or not, they will eventually move to another casino, create a different account, or even gamble in the streets.

There will come a time wherein those who have activated such feature or tool in one casino will have their accounts in another casino automatically activate this feature without them doing anything. In this way, there will be no way for the gambler to game the system or to try to cheat the current restrictions imposed on their accounts. The casinos would have to work together for this however, and I guess that's way harder to achieve.

People who purposely limited their account should have it activated on other platforms too, so as to learn how to control themselves with the help of the casino platform itself.


Title: Re: Deposit limits
Post by: dezoel on July 28, 2023, 04:54:50 AM
This is nothing but a strategy by casinos to make thier users feel that they care for them. I mean why can't they increase it from 24 hours to 36 hours. They won't after all they are here to do business and make profits. This why daily gamblers should gamble resposibly. They should be disciplined and not fall for such kind of features which doesn't make any sense.
A casino would never take full responsibility for your activities nor will they stop you from gambling because that goes against their business, if they provide a tool like this, it doesn't mean that they don't want you to gamble but they are just trying to show that though gambling is their business, it can be harmful to you if you do it excessively, and whether they mean it or not, some of them actually do it so that they can make a good reputation for themselves.

It's definitely the responsibility of the gambler himself to take care of their money and their time about how much of it they have to spend gambling, if they feel it is getting out of control, they are the one who should find a way to limit it and not the casino, even if they provide a tool for it, it wouldn't completely stop you from gambling.


Title: Re: Deposit limits
Post by: tusandii on July 28, 2023, 07:27:44 AM
    -     It seems like I just know that there are limits to deposit at a gambling casino online. Is it applicable to all crypto gambling? Because I don't gamble often not five times a month I play gambling.
In each casino there is a limit to the number of deposits and withdrawals so that gamblers also do not experience losses when making deposits or withdrawals because in each transaction there are costs that must be borne by the gambler.
When only making a deposit with a small amount and then adding a fee, isn't that enough to cut the gambler's budget so that each casino imposes certain limits.


In a casual way, I would state the reason why casinos use such features. These casinos want you to gamble every day. They want you to believe that they do have humane sentiments. That is the reason they come up with such ideas. As a gambler, your trust would grow when a casino platform is showing some restrictions. In the end, it is a marketing gimmick as probably a fair feature. A casino would never give you a detailed reason on what basis they decided the deadline. The reason behind they want to make a profit. Unless they make a profit why would they ever market their platform? It is through marketing that guys like us are earning every week.
  
Providing withdrawal and deposit limits is actually not an excuse for customers to gamble every day but so that customers do not take advantage of the small profits provided by casinos and so gamblers can use larger amounts of money when depositing.
But actually there are also many reasons for the limitations imposed by casinos, it's just that maybe we as gamblers have a different perception of this problem.

As long as the costs don't increase, no matter what the limit is, I will never mind and make a problem of it.


Title: Re: Deposit limits
Post by: Johnyz on July 28, 2023, 07:30:07 AM
This kind of feature can be a big help, now all you have to do is to set your limit and commit on that.
Yes this can still be changed but the good thing here, the site promotes a responsible gambler and you should too.
I saw some post about having a limit on your account, this one is a good example. I also have problem when it comes to increasing my capital on the spot, this can stop me from being uncontrolled and be more responsible, gambling is very risky you can lose everything here.


Title: Re: Deposit limits
Post by: pakhitheboss on July 28, 2023, 07:48:30 AM
This kind of feature can be a big help, now all you have to do is to set your limit and commit on that.
Yes this can still be changed but the good thing here, the site promotes a responsible gambler and you should too.
I saw some post about having a limit on your account, this one is a good example. I also have problem when it comes to increasing my capital on the spot, this can stop me from being uncontrolled and be more responsible, gambling is very risky you can lose everything here.

A responsible gambler is a myth according to me, a gambler is a gambler and he would do anything for his addiction. What you are saying is ideally possible but in practice, a gambler would go ahead and reset the deposit limit again in 24 hours. In that way, he would be able to again gamble and continue with another big deposit. I never understood the concept of provably fair and now I do not understand the concept of deposit limits. It is just like showing you care for your user but with a small loophole for the user to exploit.


Title: Re: Deposit limits
Post by: Oshosondy on July 28, 2023, 10:16:05 AM
I do not understand what exactly the point in a deposit limit would even be in the first place? A marketing tactic?
It is common on gambling sites located in EU like UK that has more gambling regulation.

What I can imagine the deposit limit could be used for is for minimal AML law limits. Like on some cryptocurrency exchanges. Perhaps, if you deposit below the limit of a certain amount then certain regulations can be loop-holed or something?
It has nothing to do with AML. Try and read more about deposit limit in responsible gambling.

A gambling casino which has deposit limits sounds weird.
Having a limit to the amount that you can spend within certain period of time is good for gambling site to have it, but only the 24 hours is effective (provided if the punter do not move to another of his gambling account site to continue to gamble for that day), others like 7 days and 30 days are not effective.


Title: Re: Deposit limits
Post by: ethereumhunter on July 28, 2023, 10:53:09 AM
This kind of feature can be a big help, now all you have to do is to set your limit and commit on that.
Yes this can still be changed but the good thing here, the site promotes a responsible gambler and you should too.
I saw some post about having a limit on your account, this one is a good example. I also have problem when it comes to increasing my capital on the spot, this can stop me from being uncontrolled and be more responsible, gambling is very risky you can lose everything here.
But it's not easy to be a responsible gambler because we really have to be able to set limits and be committed to maintaining those limits. And indeed, if there is a feature like that, it can help gamblers to become responsible gamblers so they don't cross the line. Everything depends on you because you are responsible for the money, so you must prevent excessive use. If you are successful, you will not become addicted to gambling because you always pay attention to spending your money while playing gambling.


Title: Re: Deposit limits
Post by: Rabata on July 28, 2023, 10:57:33 AM
...//:::
This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

These "tools" are useful for normal people if you suffer from addiction or have lost money before, you must keep away from casinos.

It's a wrong view of the players in the gaming industry, it's like the fine print in a contract, you have to read it and then do something, not just know it's there.

The best example of this are the small letters on cigarette boxes, they are there as a reminder of the problem it they cause, this allows the tobacco industry to avoid lawsuits for the consequent use of smoking.

But for what we are concerned, if you read (or anyone), about this control is not to prevent you from not playing or losing money, it is a warning and it protects casinos from lawsuits for user negligence when they lose their money.

Therefore, if you use one, two, three times this type of control, you simply have a problem and far from improving or controlling your deposits, it is simply best to stop betting.

If you deposit again it is not the fault of the casino or its weak "tools" to avoid it, it is that your deposit limit must be "0", zero.

These "tools", I repeat, are for normal people who enter Tilt or who are having a downsize losing streak, losing control is normal in short periods, these types of tools are made for that, not for the sick, addicts.


That is the important part in your post, the casinos have no interest whatsoever in effectively keeping you from playing when they would realize you are losing control. Some casinos claim that they would block accounts and I have no idea whether that is true or not, but this part of their toolbox to save limits on deposits and I think there are a few other options, it is just to protect themselves, not the people who lose money on their site. Your loss is their income, hence why would they want effective tools to keep you from generating income for them. It would be like a candy shop prohibiting a fat kid from buying sweets. It won't happen. :P
When a gambler engages in uncontrolled gambling, some casinos and gambling platforms may ask the gambler to take a temporary break. But most casino gambling platforms don't want to take such initiative because this will make them loss in business.

Typically in a gambling platform one gambler loss more in gambling, the gambling platform earn more profit so they must prioritize their profits. However, according to my knowledge, fiat license based casinos take various initiatives in this regard, but I don't know that they take any such initiative in crypto gambling. As far as I know, no casino closes their accounts for unregulated casino gambling. They can warn but have no recourse if the gambler does not seek such assistance on his ownself.


Title: Re: Deposit limits
Post by: hyudien on July 28, 2023, 11:11:43 AM
Too good gambling sites to warn players about deposit limits. By itself the gambling site wants to make its customers not addicted.
On some of the gambling sites that I usually play, I have never come across a warning like the quote from the gambling site.
Most gambling sites that I often play only provide information about the withdrawal limits that players can make within 24 hours.
Giving a warning about the limits imposed by casinos does seem quite strange, but I believe the casino aims to make gamblers pay more attention to funds that should really be fully controlled over themselves, not other people or the ambition to continue betting. Online casinos out there have started to implement this kind of thing, even I still remember the famous casino on this forum (I won't mention the name) but we talked via online chat and told me to take a short break of 2 to 3 days if you feel the bet less profitable. Not much different from what happened above, both of them provide advice so that we don't get addicted so that we are more aware of the limits of betting every day.

https://i.ibb.co/8xVR6MM/image.png


Title: Re: Deposit limits
Post by: Oshosondy on July 28, 2023, 12:34:31 PM
But it's not easy to be a responsible gambler because we really have to be able to set limits and be committed to maintaining those limits. And indeed, if there is a feature like that, it can help gamblers to become responsible gamblers so they don't cross the line. Everything depends on you because you are responsible for the money, so you must prevent excessive use. If you are successful, you will not become addicted to gambling because you always pay attention to spending your money while playing gambling.
What that matters most is what that comes from you, not what that comes from the gambling sites. You can have more than one gambling sites. If one restrict you because of the limit that you set, you can use the other. Some gamblers know other gambling sites too that they can easily register and play games, this do happen.

When a gambler engages in uncontrolled gambling, some casinos and gambling platforms may ask the gambler to take a temporary break. But most casino gambling platforms don't want to take such initiative because this will make them loss in business.
Are you sure about this? When I was using fiat casinos before I joined this forum, I was addicted, I have three different local gambling sites and bet365 which is foreign, none of them stopped me from gambling after I have lost such much more on the four gambling sites. They even make deposit to be easy and fast within seconds.


Title: Re: Deposit limits
Post by: darewaller on July 28, 2023, 01:52:34 PM
In such case deposit limits are given to customers as self serving option. So you decide if you want to limit yourself or not. I think its not good to blame casino because it doesn't create service that will nearly permanent block you. They are a business that needs to make money. They wouldn't like to block their customers totally. It wouldn't make sense in my opinion. I feel grateful honestly because gambling websites have such option.
It's not mandatory in short? Well, that is because they are hoping that they can earn more and they believe that many gamblers won't bother about it even though they already lose a lot and start complaining. Sometimes they can think of limiting their selves but they also think that it will cause a boredom.

And For those who already did it, they can also regret. Indeed, it's not the casino's fault wherever we find our selves problematic because of gambling. The problem is with us because we are too weak to resist the temptation or distractions around us. But some of them aren't that bad at all but they can also be beneficial, if you will only use or do them rarely.


Title: Re: Deposit limits
Post by: slapper on July 28, 2023, 01:59:19 PM
...//:::
This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

These "tools" are useful for normal people if you suffer from addiction or have lost money before, you must keep away from casinos.

It's a wrong view of the players in the gaming industry, it's like the fine print in a contract, you have to read it and then do something, not just know it's there.

The best example of this are the small letters on cigarette boxes, they are there as a reminder of the problem it they cause, this allows the tobacco industry to avoid lawsuits for the consequent use of smoking.

But for what we are concerned, if you read (or anyone), about this control is not to prevent you from not playing or losing money, it is a warning and it protects casinos from lawsuits for user negligence when they lose their money.

Therefore, if you use one, two, three times this type of control, you simply have a problem and far from improving or controlling your deposits, it is simply best to stop betting.

If you deposit again it is not the fault of the casino or its weak "tools" to avoid it, it is that your deposit limit must be "0", zero.

These "tools", I repeat, are for normal people who enter Tilt or who are having a downsize losing streak, losing control is normal in short periods, these types of tools are made for that, not for the sick, addicts.

It's important to understand that these warnings and controls are also a part of the corporate social responsibility of these establishments

Your suggestion for individuals to stop betting entirely after repeated use of control tools? Absolutely! But isn't it oversimplifying the issue? Addiction, my friend, is a psychological beast. Beating it isn't as easy as saying, "I'll stop"

Now, about deposit limits... "0", zero? Is it even gambling then? Wouldn't that essentially be saying, "Stay away from casinos altogether?" It's not a workable solution for everyone. Let's not demonize the tool; it's about how we use it



Title: Re: Deposit limits
Post by: Eureka_07 on July 28, 2023, 02:09:20 PM
<snip>
How can there be 'no deposit limit' if it is clearly stated in the quoted text? It is a great feature, in my opinion. You set it when your self-discipline is good and prevent yourself from playing more if you're just driven by greed or similar behavior, which could cost you more funds. This is something that I will definitely use myself.


Title: Re: Deposit limits
Post by: Gozie51 on July 28, 2023, 02:22:54 PM
When a gambler engages in uncontrolled gambling, some casinos and gambling platforms may ask the gambler to take a temporary break. But most casino gambling platforms don't want to take such initiative because this will make them loss in business.
Are you sure about this? When I was using fiat casinos before I joined this forum, I was addicted, I have three different local gambling sites and bet365 which is foreign, none of them stopped me from gambling after I have lost such much more on the four gambling sites. They even make deposit to be easy and fast within seconds.

What I know about soccer betting to be precise in an off line gambling house, there are no limit to how many times you want to play or lose. All I see there is sympathy in the faces of the workers if you have lost heavily   ;D Such sympathy is not made openly because they can't stop you if you insist to play. So what @Rabata is saying could be in other games or in an online casino.


Title: Re: Deposit limits
Post by: ethereumhunter on July 29, 2023, 11:42:37 AM
What that matters most is what that comes from you, not what that comes from the gambling sites. You can have more than one gambling sites. If one restrict you because of the limit that you set, you can use the other. Some gamblers know other gambling sites too that they can easily register and play games, this do happen.
That means we decide which casino to play at and are not bound by just one or two casinos. And with so many crypto casinos that we know about, we can have a list of trusted casinos and I think the number of casinos on that list is probably more than 4. But still, gamblers must always limit the amount of their deposit to play gambling so they don't experience any problems, including long-term gambling addiction.


Title: Re: Deposit limits
Post by: wxa7115 on August 02, 2023, 01:36:10 AM
In such case deposit limits are given to customers as self serving option. So you decide if you want to limit yourself or not. I think its not good to blame casino because it doesn't create service that will nearly permanent block you. They are a business that needs to make money. They wouldn't like to block their customers totally. It wouldn't make sense in my opinion. I feel grateful honestly because gambling websites have such option.
Except for the clients the casino has decided to not service anymore due to being problematic, cheaters or scammers, a casino is not going to want to limit itself permanently and block users from which they obtain profits, so asking them to block you completely may not be the best option.

Besides gamblers need to also do their part, as if they think that a casino which adds such features will save them they are wrong, as there are thousands of casinos online and even if every single one of them had those features a person can lose most of their money after just playing at a handful of casinos, so self-control is key for anyone that is thinking about leaving gambling completely or at least want to reduce the time and money they use to gamble.


Title: Re: Deposit limits
Post by: TheUltraElite on August 09, 2023, 02:36:33 PM
How can there be 'no deposit limit' if it is clearly stated in the quoted text? It is a great feature, in my opinion. You set it when your self-discipline is good and prevent yourself from playing more if you're just driven by greed or similar behavior, which could cost you more funds. This is something that I will definitely use myself.
The casinos though want you to deposit more because it is what drives their business but to show people that they support responsible gambling they come up with these features. Its like the place where you get your kicks from putting your money in and they put up a deposit limit - should that work?

Well for an addicted gambler, since gambling acts like a drug in them, very less chance of working - the person will remove that limit if already set and deposit more or never actually use it.

For a disciplined gambler which is again a rarest of rare species, it might work.


Title: Re: Deposit limits
Post by: topbitcoin on August 09, 2023, 03:01:49 PM
<snip>
How can there be 'no deposit limit' if it is clearly stated in the quoted text? It is a great feature, in my opinion. You set it when your self-discipline is good and prevent yourself from playing more if you're just driven by greed or similar behavior, which could cost you more funds. This is something that I will definitely use myself.
Greed makes us forget everything, we only focus on chasing big wins.
greed makes us forget the amount of money we have spent playing gambling compared to the wins we get, and they will only realize when all their money is gone and there are no more assets that can be sold to be used as playing capital.

if there is such a feature i will use it. because for now I always ask other people to accompany me to play so that when I lose control someone wakes me up.

When a gambler engages in uncontrolled gambling, some casinos and gambling platforms may ask the gambler to take a temporary break. But most casino gambling platforms don't want to take such initiative because this will make them loss in business.
Are you sure about this? When I was using fiat casinos before I joined this forum, I was addicted, I have three different local gambling sites and bet365 which is foreign, none of them stopped me from gambling after I have lost such much more on the four gambling sites. They even make deposit to be easy and fast within seconds.

What I know about soccer betting to be precise in an off line gambling house, there are no limit to how many times you want to play or lose. All I see there is sympathy in the faces of the workers if you have lost heavily   ;D Such sympathy is not made openly because they can't stop you if you insist to play. So what @Rabata is saying could be in other games or in an online casino.
what I am now trying to instill in myself is not only limiting the amount of deposits but I also always try to do gambling when I have more money after my needs and savings have been met.


Title: Re: Deposit limits
Post by: pawanjain on August 09, 2023, 03:14:56 PM
This is how it is on gambling sites:

Quote
Many of our customers use Deposit Limits to manage their spending. Limits can be set for a 24 hour, 7 day or 30 day period and cannot be overridden

You can decrease your Deposit Limits at any time and this will be applied immediately.

Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more. If you wish to increase a limit you will need to wait 24 hours before we action your request and then return to our site to confirm that you still want to increase it.

I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

I think it's a nice thing to have a deposit limit but they shouldn't allow us to change the deposit limit once set for the given period of time.
Only after the duration is over we should be able to change the deposit limit again. But I know they are allowing it to generate more business revenue.
This shows they don't care much about their users are into it only for profits. The ability to create a deposit limit is just a show off for them to convince users that they do care about their users.


Title: Re: Deposit limits
Post by: Hispo on August 09, 2023, 05:09:09 PM
This is how it is on gambling sites:

Quote
Many of our customers use Deposit Limits to manage their spending. Limits can be set for a 24 hour, 7 day or 30 day period and cannot be overridden

You can decrease your Deposit Limits at any time and this will be applied immediately.

Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more. If you wish to increase a limit you will need to wait 24 hours before we action your request and then return to our site to confirm that you still want to increase it.

I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

I think it's a nice thing to have a deposit limit but they shouldn't allow us to change the deposit limit once set for the given period of time.
Only after the duration is over we should be able to change the deposit limit again. But I know they are allowing it to generate more business revenue.
This shows they don't care much about their users are into it only for profits. The ability to create a deposit limit is just a show off for them to convince users that they do care about their users.

Deposit limits are not practical, because if someone is actually addicted to gambling and cannot change the amount they can deposit, they would find different ways to gamble the money away.  That is obvious.

Self-exclusion is similar, but arguably is the traditional way to exclude oneself from gambling. I think those measures would have been more effective if the online casinos would have never come to be so widely available and the only way to gamble was driving to the nearest casino.

With internet, smartphone an the high number of casinos we can find today if someone wants to gamble, it is just mater of going through a brief investigation, created an account, send documents and deposit. 



Title: Re: Deposit limits
Post by: Fortify on August 09, 2023, 05:16:21 PM
This is how it is on gambling sites:

Quote
Many of our customers use Deposit Limits to manage their spending. Limits can be set for a 24 hour, 7 day or 30 day period and cannot be overridden

You can decrease your Deposit Limits at any time and this will be applied immediately.

Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more. If you wish to increase a limit you will need to wait 24 hours before we action your request and then return to our site to confirm that you still want to increase it.

I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

So they can be overridden, it just takes a window of time - which is still good for the purpose they are intending. What I'd like to see is a bit more emphasis on the amount being spent rather than just the time period. Often you'll find a gambler will escalate in a exponential way, so if they lose control one day they might go from a $100 regular spend to dropping $2,000 when they're in a bad cycle. In such a scenario, it would be better if they could only double their previous days spend, which would force them to spread their betting across 5 days before they could spend that amount. Maybe even a sliding scale back down to prevent it staying much higher than their average spend.