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Author Topic: Implement a Max Bet Option on Sportsbooks  (Read 268 times)
Debonaire217
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April 23, 2020, 09:23:50 AM
 #21

Perhaps, this is possible because it provides benefits to the side of the gambler, but overall and in a holistic view between the platform and the gambler, it weighs more if max bet will not be implemented as it restricts the gambler to bet more than what he is intended to bet, and implementing max bet will limit the income of the platform from gamblers that are betting huge amount.

An alternative might be reminders, sportsbook could post reminders showing their concern to the condition of the gambler, this will help them stop chasing losses, avoid frustration and stop when they are losing too much.
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April 23, 2020, 01:15:11 PM
 #22

I thought this was more of a MAX bet option similar to what's implemented on most casino-based gambling sites, and seeing that this is only for limiting the amount of bet a gambler can do, I don't think bookies will EVER implement that.

They have pretty disclaimers on their websites that they aren't forcing you to deposit or anything, and if most of you people are actually reading ToS for such sites, you can see that most of them explicitly state that they aren't the ones to blame should you lose your money. They know full well that some gamblers will be tilted to the point that they will bet carelessly once they reached their tilting point, and that is where they make loads amounts of money that keeps their boat afloat.

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xxjumperxx (OP)
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April 23, 2020, 01:21:30 PM
 #23

I thought this was more of a MAX bet option similar to what's implemented on most casino-based gambling sites, and seeing that this is only for limiting the amount of bet a gambler can do, I don't think bookies will EVER implement that.

They have pretty disclaimers on their websites that they aren't forcing you to deposit or anything, and if most of you people are actually reading ToS for such sites, you can see that most of them explicitly state that they aren't the ones to blame should you lose your money. They know full well that some gamblers will be tilted to the point that they will bet carelessly once they reached their tilting point, and that is where they make loads amounts of money that keeps their boat afloat.

I agree, well kind of.

They all have Responsible Gaming listed on their site:
https://gyazo.com/e17d25e8461ac5f2be5d10104529d464

They all have self exclusion (to protect gambler)

So this could be advertised as a feature, not as a must...
Tipstar
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April 23, 2020, 01:24:43 PM
 #24

A gambling site would probably never do it a they earn the most from rage bettors. Sports betting is much more analytic and if you stick to rule, you'd make a profit in long term. The only reason why sportsbook exist is because no one sticks to their rules. People are overwhelmed by a few bad choices or when their favorite player/team is in action.
imstillthebest
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April 23, 2020, 01:47:44 PM
 #25

A gambling site would probably never do it a they earn the most from rage bettors. Sports betting is much more analytic and if you stick to rule, you'd make a profit in long term. The only reason why sportsbook exist is because no one sticks to their rules. People are overwhelmed by a few bad choices or when their favorite player/team is in action.

if thats true that sports bettor are careless then why would you think there are people loves or prefer sports betting compare to casino games  . they even said that sports are more profitable or easy to profit on it   . also some gambling sites have a warning that gambling is risky and not be treated as a profitable activity . they also propose an options to self ban account to prevent users from too much loosing .  they care to to thier costumers more than they care of thier profit
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April 23, 2020, 03:50:47 PM
 #26

Well, that is really a great idea! Having a maximum bet that a player can set will give us control over our bankroll and losses. Most of the gamblers lose control when they are pissed off or when they feel it is their lucky day that in the end turns to ba big loss to them. Indeed, this idea might not be implemented by gambling sites because this might lessen their profit once big bettors will win.









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April 23, 2020, 11:01:42 PM
 #27

Well, that is really a great idea! Having a maximum bet that a player can set will give us control over our bankroll and losses. Most of the gamblers lose control when they are pissed off or when they feel it is their lucky day that in the end turns to ba big loss to them. Indeed, this idea might not be implemented by gambling sites because this might lessen their profit once big bettors will win.

You already mentioned it, gamblers lose control. Therefore, these gamblers will proceed no matter what, with or without that max bet option feature.

And besides, that feature can't be applied to all users as not all users do have the same behavior. So basically, that feature will be an option. And if a gambler came to the point that they want to continue their gambling activity on that particular session, they will just disable it and then that's it.

Again, that kind of behavior can just be addressed with the gambler's itself and not by websites putting lots of bankroll protection feature or something along those lines to their users.

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