Deposit limits

[topbitcoin]

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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    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.

[pawanjain]

This is how it is on gambling sites:

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.

[Hispo]

This is how it is on gambling sites:

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. 

[Fortify]

This is how it is on gambling sites:

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.